CLP/KRW: what to know
The CLP/KRW rate shows how much KRW you get for 1 CLP. Right now, 1 CLP buys 1.4221 KRW at the mid-market rate. In the other direction, 1 KRW is worth 0.7032 CLP.
In the short term CLP is driven mainly by the price of copper, while KRW responds to tech exports 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 South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”.
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.