Chilean peso

1 EUR = 773.98 CLP 100 CLP = 0.1292 EUR

1 CHF = 632.6 CLP 100 CLP = 0.15808 CHF

The Chilean Peso is the currency of Chile. The historical peso was subdivided into 100 centavos, but this entity is no longer used since 1976, shortly after the re-introduction of this currency.

The name of the currency in Chile changed several times in the last century. At times, you paid with the Condor (= 10 pesos), then again with the peso, then the Escudo and finally landed one after the currency exchange in 1974, again at the peso.

In addition to the peso existed in Chile since 1967 and the invoice currency UF ( Unidad de Fomento ), the exchange rate is constantly adapted to the peso to the inflation index IPC. Thus, the value remains ( the purchasing power ) of a UF constant over time, while nominally against the peso usually on or depreciates.

  • 2.1 coins
  • 2.2 Banknotes

History

Time before 1835

From 1743 Chile acquired the right to mint its own coins. 1749 the first gold and silver coins were introduced. When gold coins corresponding to 1 Escudo Real 16. After independence, the Chileans took over first the Escudo-/Real-Währung. On the island of Chiloé Spanish coins were minted until 1826 continued.

Period 1835-1960

The decimal system was introduced in 1835 ( 1 Peso = 10 Decimos, 1 Décimo = 10 centavos ). 1851, the currency was then completely changed the weight of the coins on the decimal system.

1859-1860 marked the city of Copiapó own pesos and centavos, because they wanted to secede from the central government. During the Spanish- South American War in 1865 Copiapo Pesos and Centavos were minted again.

1880, the first banknotes were issued.

1925, the Central Bank of Chile Banco Central de Chile was founded.

The determined as part of the gold standard exchange rate against the mark was in 1912 and 1932, 1.53 M 0.53 RM.

Period 1960-1975

In 1955, when inflation became stronger, the centavos were withdrawn from circulation. Between 1960 and 1975, the government replaced under President Jorge Alessandri the peso by the Escudo (E ° ). 10 pesos equaled 1 centesimo and 100 centésimos were a 1 escudo (E ° 1 = $ 1,000). 1 escudo was subdivided into 100 centésimos and 1 centesimo in 10 Milesimos.

Period from 1975

In October 1975 Chile decided to back the introduction of the peso. One peso equivalent to 1000 escudos and 1 centavo = 10 escudos. The 1 centavo coins from 1975 were adjusted due to the rampant inflation after a year, since the metal value far exceeded the official value.

Today's circulating money

The Chilean Central Bank, the current coins and bills before taking http://www.bcentral.cl/billetes-monedas/index.htm.

Banknotes

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