About this pair
CLP/JPY: what to know
The CLP/JPY rate shows how much JPY you get for 1 CLP. Right now, 1 CLP buys 0.1627 JPY at the mid-market rate. In the other direction, 1 JPY is worth 6.1453 CLP.
In the short term CLP is driven mainly by the price of copper, while JPY responds to Bank of Japan policy and global risk appetite.
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 Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”.
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.