CLP/NZD: what to know
The CLP/NZD rate shows how much NZD you get for 1 CLP. Right now, 1 CLP buys 0.00182279 NZD at the mid-market rate. In the other direction, 1 NZD is worth 548.6085 CLP.
In the short term CLP is driven mainly by the price of copper, while NZD responds to soft-commodity prices and 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 New Zealand Dollar (NZD) is issued by Reserve Bank of New Zealand. The New Zealand dollar is nicknamed the “Kiwi”, after the bird on the $1 coin.
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.