About this pair
CLP/ISK: what to know
The CLP/ISK rate shows how much ISK you get for 1 CLP. Right now, 1 CLP buys 0.1274 ISK at the mid-market rate. In the other direction, 1 ISK is worth 7.8465 CLP.
In the short term CLP is driven mainly by the price of copper, while ISK responds to tourism, fishing and commodity prices.
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 Icelandic Krona (ISK) is issued by Central Bank of Iceland. After the 2008 crisis Iceland withdrew its cents (aurar) — only whole krónur circulate.
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.