About this pair
CLP/USD: what to know
The CLP/USD rate shows how much USD you get for 1 CLP. Right now, 1 CLP buys 0.00106000 USD at the mid-market rate. In the other direction, 1 USD is worth 943.3962 CLP.
In the short term CLP is driven mainly by the price of copper, while USD responds to Fed policy, US growth 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 US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars.
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.