Historic United States dollar Chilean Peso

United States dollar chilean peso history for July 2023. The highest quote for this month is 841.8 (31/07/2023) and the lowest 826.93 (25/07/2023). The difference between high and low is 1.77.

USD CLP average rate for July 2023 is 818.22667, the change between 01/07/2023 and 31/07/2023 is -3.63 %.

05 July 20231 USD = 798.8 CLP
25 July 20231 USD = 828.1 CLP
31 July 20231 USD = 827.8 CLP

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.