Convert 40000 Colombian Peso (COP) to Chilean Peso (CLP)
Exchange rates used for currency conversion updated on November 23rd 2024 ( 11/23/2024 )
Below you will find the latest exchange rates for exchanging Colombian Peso (COP) to Chilean Peso (CLP) , a table containing most common conversions and a chart with the pair's evolution.
The Colombian Peso (COP) to Chilean Peso (CLP) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Colombian Peso and Chilean Peso on 11/23/2024 is 1 COP = 0.2232 CLP - AVERAGE intraday quotes were used for this currency conversion.
The Columbian peso (COP) is the official currency used throughout the 32 departments of Columbia. It is issued by the central bank of Columbia, the Banco de la Republica, in coin denominations of 20, 50, 100, 200, and 500 and banknote denominations of 1000, 2000, 5000, 10,000, 20,000, and 50,000 pesos. Each peso is officially made of 100 centavo's, but due to the purchasing power of the peso, there are no coins in official circulation denominated in centavos. The official symbol for the COP is the "$" sign without any further designation.
About Chilean Peso (CLP)
The official currency of Chile is the peso which is symbolized with the "$" sign and retains the code "CLP" in international currency markets. The CLP is controlled by the Banco Central de Chile and is commonly valued against the United States dollar (USD). From 1975 through 1994 the CLP was in constant decline against the USD, since that time it has been in a slow appreciation against the USD.
Each CLP peso is divided into 100 subunits known as centavos. Due to inflation there are no current centavo coins in circulation. The coins that are officially recognized are denominated in 1, 5, 10, 50, 100, and 500 pesos and the banknotes in circulation are denominated as 1000, 2000, 5000, 10,000, and 20,000 pesos. The CLP is slowly transitioning to polymer banknotes and while the 1000, 2000, and 5000 pesos paper notes remain legal tender they have been replaced with corresponding value polymer notes. This transition is primarily in place to combat counterfeiting.
