CLP/EUR: what to know
The CLP/EUR rate shows how much EUR you get for 1 CLP. Right now, 1 CLP buys 0.000939 EUR at the mid-market rate. In the other direction, 1 EUR is worth 1,065.52 CLP.
In the short term CLP is driven mainly by the price of copper, while EUR responds to ECB policy and eurozone growth.
The Chilean Peso (CLP) is issued by Central Bank of Chile. The Chilean peso no longer uses cents — the smallest coins are whole pesos. The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.