Chilean peso · CLP
$ symbol · 1 country currently using this currency.
Currency info
Adopted: 1975
Currency family: Peso
The Chilean peso is one of the few currencies that uses the same symbol ($) as multiple other countries, requiring the code 'CLP' to distinguish it internationally.
- Introduced in 1975, replacing the escudo at a rate of 1 peso = 1,000 escudos
- Has experienced significant devaluation periods, particularly during the 1980s debt crisis
- Underwent a major redenomination in 1960 when the old peso was replaced, though the name persisted
- Managed by the Central Bank of Chile since its establishment in 1925
- Currently one of the most stable currencies in Latin America
Countries currently using this currency
Related
Other Peso currencies
Historical predecessor
Chilean escudo