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The Chilean peso (Spanish: peso chileno) currently has 6 denominations of coins, which are 1, 5, 10, 50, 100, and 500 pesos. Its subdivision is the centavo (Spanish: centavo chileno), but centavo coins were only minted until 1979. The coins were first minted in 1975. [1] The peso and centavo replaced the Chilean escudo and centesimo respectively.
A final gold coinage was introduced in 1926, in denominations of 20, 50 and 100 pesos. In 1927, silver 2 and 5 peso coins were issued. Cupronickel 1 peso coins were introduced in 1933, replacing the last of the silver coins. In 1942, copper 20 and 50 centavos and 1 peso coins were introduced. The last coins of the first peso were issued between ...
The peso is the currency of Chile.The current peso has circulated since 1975, with a previous version circulating between 1817 and 1960.Its symbol is defined as a letter S with either one or two vertical bars superimposed prefixing the amount, [1] $ or ; the single-bar symbol, available in most modern text systems, is almost always used.
During the colonial period, silver coins were minted in denominations of 1 ⁄ 4, 1 ⁄ 2, 1, 2, 4 and 8 reales, with gold coins for 1 ⁄ 2, 1, 2, 4 and 8 escudos. In 1822, a provisional coinage was issued in the name of the Republic of Peru in denominations of 1 ⁄ 4 real, 1 ⁄ 8 and 1 ⁄ 4 peso (equal to 1 and 2 reales) and 8 reales ...
The Unidad de Fomento (UF) is a unit of account used in Chile.It is a non-circulating currency; [1] the exchange rate between the UF and the Chilean peso is constantly adjusted for inflation so that the purchasing power of the Unidad de Fomento remains almost constant on a daily basis during low inflation.
This infobox shows the latest status before this currency was rendered obsolete. The escudo was the currency of Chile between 1960 and 1975, divided into 100 centésimos . It replaced the (old) peso at a rate of 1 escudo = 1000 pesos and was itself replaced by a new peso , at a rate of 1 peso = 1000 escudos.
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The name peso was given to the 8-real silver coin introduced in 1497, minted at 8 3 ⁄ 8 pesos to a Castilian mark (230.0465 grams) of silver 134/144 fine (25.56 g fine silver). It was minted in large quantities after the discovery of silver in Mexico, Peru and Bolivia in the 16th century, and immediately became a coin of worldwide importance ...