About this pair
CLP/MXN: what to know
The CLP/MXN rate shows how much MXN you get for 1 CLP. Right now, 1 CLP buys 0.0180 MXN at the mid-market rate. In the other direction, 1 MXN is worth 55.6017 CLP.
In the short term CLP is driven mainly by the price of copper, while MXN responds to the US economy and capital flows.
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 Mexican Peso (MXN) is issued by Bank of Mexico. The Spanish-colonial peso and its “$” sign influenced the US dollar symbol.
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.