Historic Chilean Peso United States dollar

Chilean Peso united states dollar history for July 2023. The highest quote for this month is 0.00125 (05/07/2023) and the lowest 0.001254 (05/07/2023). The difference between high and low is -0.32.

CLP USD average rate for July 2023 is 0.00122, the change between 01/07/2023 and 31/07/2023 is +3.51 %.

05 July 20231 CLP = 0.0013 USD
25 July 20231 CLP = 0.0012 USD
31 July 20231 CLP = 0.0012 USD

29/09/1977: Decimals Introduced

Chile replaced the escudo with the decimal centavo as the subunit of the peso, simplifying its monetary system.

29/09/1975: Floating Exchange Rate

Chile moved from a fixed to a floating exchange rate system, allowing the peso to be determined by market forces.

02/01/1958: Introduction of Escudo as Subunit

The subunit of 1/100 peso, called the escudo, was introduced to facilitate smaller transactions in Chile.

31/12/1925: Creation of the Central Bank of Chile

The Central Bank of Chile was established, gaining authority over the country's currency issuance and monetary policy.

25/06/1895: Gold Standard Adoption

Chile adopted the gold standard, tying the value of the Chilean Peso to the price of gold and stabilizing its currency.

15/06/1851: First Peso Coinage

The first official peso coins were introduced by the Chilean government, replacing the Spanish colonial currency.

12/02/1817: Chilean Independence

Chile gained independence from Spain, leading to the establishment of the Chilean Peso as its official currency.