ILS/CLP: what to know
The ILS/CLP rate shows how much CLP you get for 1 ILS. Right now, 1 ILS buys 311.0621 CLP at the mid-market rate. In the other direction, 1 CLP is worth 0.00321479 ILS.
In the short term ILS is driven mainly by the tech sector and geopolitics, while CLP responds to the price of copper.
The Israeli Shekel (ILS) is issued by Bank of Israel. “Shekel” is one of the oldest names for a unit of money — mentioned in the Bible. 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.