COP/CLP: what to know
The COP/CLP rate shows how much CLP you get for 1 COP. Right now, 1 COP buys 0.3059 CLP at the mid-market rate. In the other direction, 1 CLP is worth 3.2686 COP.
In the short term COP is driven mainly by oil and commodity prices, while CLP responds to the price of copper.
The Colombian Peso (COP) is issued by Banco de la República. The 50,000-peso note features the writer Gabriel García Márquez. The Chilean Peso (CLP) is issued by Central Bank of Chile. The Chilean peso no longer uses cents — the smallest coins are whole pesos.
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.