Local Currency
Currency in Chile
The currency in Chile is the Chilean peso (CLP). Notes are in denominations of CH$20 000, 5 000, 2 000, 1 000 and 500. Coins are in denominations of CH$500, 100, 50, 10, 5 and 1. Other currencies are not widely accepted however there are exchange bureau’s that offer reasonable rates on Euros and US dollars. Foreign exchange transactions can also be conducted through authorised shops, commercial banks, restaurants, clubs and hotels.
Credit/debit cards are widely accepted and ATM’s are largely available in all large towns and cities. Traveller’s cheques may be difficult to exchange outside the major towns however are easily exchanged in the larger cities. Traveller’s cheques in US dollars generally offer a better exchange rate. Banking hours are Mon-Fri 0900-1400. As of September 25, 2009, US$1 = CLP 544 and €1 = CLP 799.
