Currency (Chile)

The local currency of Chile is the Chilean peso (CLP), which comes in notes of 500, 1,000, 2,000, 5,000, 10,000 pesos.  Coins come in values ​​of 1, 5, 10, 50 and 100 pesos.

The Chilean peso is a relatively weak currency, so it is a good idea to exchange your currency before you travel to Chile. You can exchange your currency at banks, currency exchange bureaus, and some hotels in Chile. It is also a good idea to carry some US dollars with you when you travel to Chile. US dollars are widely accepted in Chile, and they can be useful for making large purchases or for exchanging for pesos at banks and currency exchange bureaus.

ATMs are widely available in Chile, and they are a convenient way to withdraw cash. Most ATMs in Chile accept Visa, Mastercard, and Cirrus cards. Some ATMs may also accept American Express and Discover cards. ATM fees vary depending on your bank and the ATM you use. Some banks charge a flat fee for each ATM withdrawal, while others charge a percentage of the amount you withdraw. The exchange rate you get when you withdraw cash from an ATM in Chile may not be the same as the exchange rate you get when you exchange currency at a bank or currency exchange bureau.  ATMs in Chile have daily withdrawal limits. The daily withdrawal limit can vary depending on your bank and the ATM you use.

When using ATMs in Chile, be sure to select the option to withdraw US dollars. It's a good idea to keep some small denomination US dollar bills (such as $1s and $5s) on hand for small purchases. 

Here is a reference table of approximate exchange rates (for up-to-date exchange rates, please check xe.com before you travel):

Correct as of December 2023