About this pair
MXN/CLP: what to know
The MXN/CLP rate shows how much CLP you get for 1 MXN. Right now, 1 MXN buys 55.5521 CLP at the mid-market rate. In the other direction, 1 CLP is worth 0.0180 MXN.
In the short term MXN is driven mainly by the US economy and capital flows, while CLP responds to the price of copper.
The Mexican Peso (MXN) is issued by Bank of Mexico. The Spanish-colonial peso and its “$” sign influenced the US dollar symbol. 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.