USA Dollars (USD) to Chilean Peso CLP

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for USA Dollars (USD) to Chilean Peso (CLP) today currency exchange ratio:

Date for today: Friday 18th of May 2012 05:15:10 AM
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Enter the unit of currency for which you are interested and click next table. If you enter 1 Chilean Peso CLP for example, you will receive its equivalent in Dollars, Euros, Dinars, Liras, Levs, Rubles etc. You can enter any arbitrary amount of currencies below. Rates are updated daily and accuracy is provide by Google gadgets.

Chilean Peso CLP is the currency of Chile . The current peso has circulated since 1975, with a previous version circulating between 1817 and 1960. The symbol used locally for it is $ . The ISO 4217 code for the present peso is CLP . It is subdivided into 100 centavos , although no centavo denominated coins remain in circulation. The average exchange rate of the Chilean Peso to the U.S Dollar was 1 U.S. Dollar to 522.46 Chilean Pesos in 2008.

Chilean Peso CLP

Colloquial Chilean Spanish has informal names for some banknotes and coins. These include luka or luca for the thousand-peso banknote, quina for the five-hundred-peso coin (quinientos is Spanish for "five hundred"), and gamba for the hundred-peso coin.

Also, some banknotes are called informally by the name of the notable citizen printed on it. For example, the five thousand-peso banknote is sometimes called a gabriela (for Gabriela Mistral), the ten thousand-peso banknote arturo or arturito (for Arturo Prat, arturito meaning "little Arturo"); the one thousand-peso note is frequently referred as luca, meaning a thousand, therefore, the two thousand-peso note can be referred as two luca note, five thousand-peso note as five luca note, ten thousand as ten luca note, 1 million pesos as a guatón or palo, and so on.

Banknotes of Chilean Peso (CLP)

In 1976, banknotes were introduced in denominations of 5, 10, 50 and 100 pesos with the reverses of the 5, 10 and 50 peso notes resembling those of the Eº 5000, 10,000 and 50,000 notes they replaced. Inflation has since led to the issue of much higher denominations. 500 peso notes were introduced in May 1977, followed by 1000 pesos in June 1978, 5000 pesos in July 1982, 10,000 pesos in June 1989, 2000 pesos in December 1997 and 20,000 pesos in December 1998. The 5, 10, 50, 100 and 500 peso banknotes have been replaced by coins, leaving the 1000, 2000, 5000, 10,000 and 20,000 peso notes in circulation.

All banknotes are printed on paper with the exception of the 2000 peso note which has been issued as a polymer banknote since September 2004. All banknotes measure 145 x 70 mm.

In commemoration of the bicentennial of the Republic, new banknotes will be released between 2009 and 2012. The first one, of 5,000 peso notes, was released on September 24th, 2009 and it was issued as a polymer banknote. The new series of banknotes will have different dimensions from the current, a difference of 7 mm. The new 5,000 peso note is 134 x 70 mm. The new series will keep the current portraits but will have a different look. The reverse will have natural landscapes with a native animal.

This will be the first time a whole new family of banknotes are put into circulation not because of the effects of inflation. The new notes will be more difficult to falsify because of new security measures and cheaper to produce.