The lowdown on the Chilean Peso
Economical Influences and the Chilean Peso
If you are considering converting AUD to CLP, it’s good to get a snapshot on how the economy may influence the Chilean peso.
The Chilean economy is a market-oriented one known for its relatively sound financial policies.1
Chile boasts the strongest sovereign bond rating in South America, with a high level of foreign trade and a strong financial reputation1.
One third of the Chilean economy is made up of goods and service exports, with commodities making up the majority of the rest. The country’s top export is copper which accounts for about 20% of government revenue, and the drop in copper prices over the last 3 years has meant a slowing in Chile's economic growth1.
The Chilean peso can be affected by the currency fluctuations of neighbouring countries; in particular Brazil due to Chile’s alliances within the region.3
Chilean Peso Historical Exchange Rate
The Chilean peso has stayed relatively stable during the last five years, influenced by its economy’s sound policies and healthy growth. 1
Starting August 2014, 1 AUD was trading at around 556.53306 CLP. Since this time the Chilean peso has showed a trajectory of improvement hitting 466.47239 CLP to 1 Australian dollar in April 2015.2
Stabilising somewhat by February 2016, 1 AUD was buying approximately 494.15268 CLP; similarly in February of 2017 that number was around 493.88360 CLP for 1 AUD.2
As of 25 September 2018, 1 Australian dollar would buy you 487.81610 Chilean pesos. 2
Learn more about the Chilean peso before you travel to the Chile and create a currency rate alert so we can notify you when it hits the rate you want.
Disclaimer
The information contained in this article has been compiled by Travelex from different external sources. The figures provided are indicative only and are there to provide an idea of the amount of travel money you may need during your trip. Travelex does not ensure the accuracy and completeness of the information shown. Nothing in this article is to be considered financial advice. Travelex Limited does not accept any liability for any loss or damage derived from any reliance on the information in this article. Travelex Limited (ABN 36 004 179 953, AFSL Number 222444) arranges for and sells Online Foreign Currency via its Online Ordering Facility. You should consider the Online Foreign Currency Product Disclosure Statement and Terms and Conditions before deciding whether to acquire the product.
Convert 1 AUD to Chilean Peso
CURRENCY CONVERTER
Exchange rates last updated Monday, 23 December 2024 6:10:42 AM AEDT. The online exchange rates provided by this Currency Converter are intended as a guide only and should not be used for transactional purposes. All rates are subject to change from time to time without notice. Exchange rates used in-store may differ from those offered online. The Travelex online buy rate will be used for conversions from a foreign currency to the local currency. The Travelex online sell rate will be used for conversions from the local currency to a foreign currency.
Travelex Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: Last month
Travelex Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: 3 months
Travelex Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: 6 months
Travelex Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: 12 months
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Sources:
1. Central Intelligence Agency - https://www.cia.gov/library/publications/the-world-factbook/geos/ci.html
2. XE- https://www.xe.com/currencycharts/?from=AUD&to=CLP&view=5Y. Based on mid-market rates as of 25 September 2018.
3. FXCM Market Insights - https://www.fxcm.com/insights/clp-chilean-peso/
*The information contained in this article has been compiled by Travelex from different external sources. The figures provided are indicative only and are there to provide an idea of the amount of travel money you may need during your trip. Travelex does not ensure the accuracy and completeness of the information shown. Nothing in this article is to be considered financial advice. Travelex Limited does not accept any liability for any loss or damage derived from any reliance on the information in this article. Travelex Limited (ABN 36 004 179 953, AFSL Number 222444) arranges for and sells Online Foreign Currency via its Online Ordering Facility. You should consider the Terms and Conditions before deciding whether to acquire any product.