What currency is used in Chile?

The currency used in Chile is the Chilean peso.

The modern Chilean peso was introduced in 1975, replacing the escudo as part of a monetary reform during the military government of Augusto Pinochet. Its symbol is commonly written as $, although context distinguishes it from other dollar- and peso-denominated currencies. The peso is divided into 100 centavos in theory, but centavo coins are no longer used in ordinary circulation.

Chile’s banknotes feature important national figures and cultural imagery. Notes in circulation include denominations such as 1,000, 2,000, 5,000, 10,000, and 20,000 pesos. Chile’s central bank is responsible for issuing the country’s notes and coins and for maintaining monetary stability.

The Chilean peso is easy to confuse with the Argentine, Colombian, or Mexican peso, all of which share the same currency name but are separate currencies. Chile’s currency is also distinct from the Peruvian sol used immediately to the north. Prices in Chile are therefore quoted in Chilean pesos, not in dollars or soles.