USD/CLP: what to know
The USD/CLP rate shows how much CLP you get for 1 USD. Right now, 1 USD buys 925.9259 CLP at the mid-market rate. In the other direction, 1 CLP is worth 0.001080 USD.
In the short term USD is driven mainly by Fed policy, US growth and global risk appetite, while CLP responds to the price of copper.
The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars. 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.