# Chilean peso

> currency of Chile

**Wikidata**: [Q200050](https://www.wikidata.org/wiki/Q200050)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Chilean_peso)  
**Source**: https://4ort.xyz/entity/chilean-peso

## Summary
The Chilean peso (CLP) is the official currency of Chile, issued by the Central Bank of Chile since September 29, 1975. It is subdivided into 100 centavos and is represented by the ISO code CLP. The peso replaced the Chilean escudo, which had been in circulation since 1817. Chile's currency serves as a medium of exchange, unit of account, and store of value within the country's economy.

## Key Facts
- **ISO Code**: CLP (ISO 4217 standard)
- **Subdivision**: 1 peso = 100 centavos
- **Issuer**: Central Bank of Chile (since 1975-09-29)
- **Replaces**: Chilean escudo (in circulation since 1817)
- **Symbol**: CLP$
- **Country**: Chile (ISO 3166-1 alpha-2: CL, alpha-3: CHL)
- **Instance Of**: Currency, medium of exchange, unit of account, store of value
- **Subclass Of**: Money
- **Wikipedia Title**: Chilean peso
- **Wikidata Description**: Currency of Chile
- **Wikipedia Sitelinks**: 108 language editions
- **Related Currency**: Peso (shared name with other currencies)
- **Predecessor Currency**: Chilean escudo
- **Currency Symbol**: CLP$
- **Exchange Rate Symbol**: CCY_CLP
- **Google Knowledge Graph ID**: /m/0172zs
- **BabelNet ID**: 13713614-n
- **Nomisma ID**: Chileense_peso
- **FactGrid ID**: A0E0L0I0M0H0T0D1

## FAQs
**What is the official currency of Chile?**
The official currency of Chile is the Chilean peso (CLP), issued by the Central Bank of Chile since September 29, 1975. It replaced the Chilean escudo and is subdivided into 100 centavos.

**How is the Chilean peso represented in digital systems?**
The Chilean peso is represented by the ISO code CLP and the symbol CLP$. It is also identified in digital systems by the Google Knowledge Graph ID /m/0172zs and the BabelNet ID 13713614-n.

**What is the relationship between the Chilean peso and other currencies?**
The Chilean peso is part of the broader category of money and is a subclass of currency. It shares the name "peso" with other currencies but is distinct in its issuance and usage within Chile.

**What is the historical context of the Chilean peso?**
The Chilean peso replaced the Chilean escudo, which had been in circulation since 1817. The peso was introduced on September 29, 1975, marking a significant change in Chile's monetary system.

**What are the key identifiers for the Chilean peso?**
Key identifiers include the ISO code CLP, the subdivision into 100 centavos, and the symbol CLP$. It is also recognized by the Central Bank of Chile and has specific identifiers in digital systems like Nomisma and FactGrid.

## Why It Matters
The Chilean peso is a fundamental component of Chile's economic system, serving as a medium of exchange, unit of account, and store of value. Its introduction in 1975 replaced the Chilean escudo and has since become integral to Chile's financial infrastructure. The peso's stability and issuance by the Central Bank of Chile contribute to the country's economic stability and international trade. As Chile's currency, the peso plays a crucial role in facilitating transactions, supporting economic growth, and maintaining financial stability within the country. Its significance extends to Chile's participation in global financial systems and its role in regional economic integration.

## Notable For
- **ISO Standardization**: Recognized by the ISO 4217 standard with the code CLP
- **Central Bank Issuance**: Issued by the Central Bank of Chile since 1975
- **Subdivision**: Divided into 100 centavos, providing granularity for transactions
- **Digital Representation**: Identified in digital systems by Google Knowledge Graph and BabelNet
- **Historical Replacement**: Replaced the Chilean escudo, which had been in circulation since 1817
- **Economic Role**: Serves as a medium of exchange, unit of account, and store of value
- **Nomisma Recognition**: Listed in the Nomisma database as "Chileense_peso"
- **FactGrid Identification**: Recognized by FactGrid with the ID A0E0L0I0M0H0T0D1

## Body
### Currency Overview
The Chilean peso (CLP) is the official currency of Chile, issued by the Central Bank of Chile. It is subdivided into 100 centavos and is represented by the ISO code CLP. The peso replaced the Chilean escudo, which had been in circulation since 1817. The currency serves as a medium of exchange, unit of account, and store of value within Chile's economy.

### Historical Context
The Chilean peso was introduced on September 29, 1975, replacing the Chilean escudo. This change marked a significant shift in Chile's monetary system and has since become the country's primary currency. The peso's issuance by the Central Bank of Chile ensures its stability and reliability within the economy.

### Digital Representation
The Chilean peso is represented in digital systems by the ISO code CLP and the symbol CLP$. It is also identified by the Google Knowledge Graph ID /m/0172zs and the BabelNet ID 13713614-n. These identifiers ensure its recognition in digital financial systems and databases.

### Economic Role
As a currency, the Chilean peso plays a crucial role in Chile's economic system. It serves as a medium of exchange, allowing for the purchase of goods and services. It also functions as a unit of account, providing a standard for pricing and economic analysis. Additionally, the peso serves as a store of value, enabling savings and investment within the economy.

### Related Currencies
The Chilean peso shares the name "peso" with other currencies, such as the Argentine peso and the Mexican peso. However, it is distinct in its issuance and usage within Chile. The peso is part of the broader category of money and is a subclass of currency, highlighting its role within the financial system.

### Technical Identifiers
The Chilean peso is recognized by various technical identifiers, including the ISO code CLP, the subdivision into 100 centavos, and the symbol CLP$. It is also listed in the Nomisma database as "Chileense_peso" and recognized by FactGrid with the ID A0E0L0I0M0H0T0D1. These identifiers ensure its accurate representation in financial and economic databases.

### Central Bank Issuance
The Central Bank of Chile is responsible for issuing the Chilean peso. Established in 1925, the bank plays a crucial role in maintaining the currency's stability and ensuring its reliability within the economy. The peso's issuance by the Central Bank of Chile has contributed to Chile's economic stability and financial infrastructure.

### Wikipedia Presence
The Chilean peso is documented in Wikipedia across 108 language editions, reflecting its global recognition and relevance. The Wikipedia article provides comprehensive information about the currency, including its history, economic role, and technical identifiers. This widespread documentation underscores the peso's importance in international knowledge systems.

### Predecessor Currency
The Chilean peso replaced the Chilean escudo, which had been in circulation since 1817. The escudo's replacement marked a significant change in Chile's monetary system and has since become a historical reference point for the peso's issuance. The peso's introduction in 1975 has shaped Chile's financial landscape and economic development.

### Exchange Rate Symbol
The Chilean peso is represented by the exchange rate symbol CCY_CLP, which is used in financial and economic analyses. This symbol ensures the peso's accurate representation in international financial systems and databases. The exchange rate symbol is recognized by the ISO 4217 standard and is used in various financial and economic contexts.

### Google Knowledge Graph
The Chilean peso is recognized by the Google Knowledge Graph with the ID /m/0172zs. This identifier ensures the peso's accurate representation in Google's knowledge base and search results. The Google Knowledge Graph provides comprehensive information about the peso, including its history, economic role, and technical identifiers. This recognition underscores the peso's importance in digital knowledge systems.

### BabelNet Identification
The Chilean peso is identified by BabelNet with the ID 13713614-n. This identifier ensures the peso's accurate representation in BabelNet's multilingual knowledge base. BabelNet provides comprehensive information about the peso, including its history, economic role, and technical identifiers. This recognition underscores the peso's importance in multilingual knowledge systems.

### Nomisma Database
The Chilean peso is listed in the Nomisma database as "Chileense_peso." This listing ensures the peso's accurate representation in the Nomisma database, which documents ancient and modern currencies. The Nomisma database provides comprehensive information about the peso, including its history, economic role, and technical identifiers. This recognition underscores the peso's importance in historical and financial databases.

### FactGrid Recognition
The Chilean peso is recognized by FactGrid with the ID A0E0L0I0M0H0T0D1. This recognition ensures the peso's accurate representation in FactGrid's knowledge base. FactGrid provides comprehensive information about the peso, including its history, economic role, and technical identifiers. This recognition underscores the peso's importance in digital knowledge systems.

## References

1. Freebase Data Dumps. 2013
2. GF WordNet