Analysis of recent dollar → peso forecasts for 2025. We collate forecasts from respected FX analysts together with the latest US dollar to Chilean peso performance and trends.
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The best USD to CLP exchange rate is 933.3 from XE. This is -0.6% compared to the mid-market rate 938.93.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Chilean peso (CLP) rates from different sources before making a conversion.
Looking at our comparison table the best USD to CLP exchange rate is 933.3 from XE, -0.6% from the mid-market rate 938.93. The next best rate is 932.83 from Wise, -0.65% from the mid-rate. Then with 927.66284 is -1.2% from the mid-rate.
The Western Union rate is 923.91 which is -1.6% from the mid-rate.
Among the banks, the Chase Bank rate is 876.02 at -6.7%, the Wells Fargo Bank rate is 870.39 at -7.3%, and the Citibank rate is 913.58 at -2.7% compared to the mid-rate 938.93.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
The Dollar to Peso comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest USD-CLP mid-rate (see Market Data below ) and the possible savings of using various providers.
US dollar (USD) to Chilean peso (CLP) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | USD/CLP | Change | Period |
---|---|---|---|
16 May 2025 | 944.94 | 0.6% ▼ | 2 Week |
01 Mar 2025 | 961.40 | 2.3% ▼ | 3 Month |
30 May 2024 | 917.43 | 2.3% ▲ | 1 Year |
31 May 2020 | 799.00 | 17.5% ▲ | 5 Year |
02 Jun 2015 | 622.81 | 50.8% ▲ | 10 Year |
04 Jun 2005 | 586.56 | 60.1% ▲ | 20 Year |
Here are some popular conversion amounts for USD to CLP (US dollar to Chilean peso)*.
*Converted at the current USDCLP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The recent outlook for the USD to CLP exchange rate has been shaped by a mix of geopolitical factors and economic indicators that impact the currencies involved. Analysts note that the US dollar has been strengthening amid anticipation of minutes from the Federal Open Market Committee (FOMC), reflecting a hawkish sentiment from the Federal Reserve regarding future interest rate policies. This strengthening has occurred in a risk-averse market, with investors leaning towards the safety of the dollar in light of rising geopolitical tensions.
Read our full review of recent USD to CLP forecasts.
There are several ways to save on exchange rates when converting US dollar to Chilean peso:
Generally speaking, if you are buying Chilean peso with US dollar, then it's better for the USD/CLP exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Chile — a practical currency and money guide to travel in Chile plus living and doing business with the Chilean peso.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add USD/CLP to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
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For expats, Chile offers a high quality of life and a stable political and economic environment. The country has a strong economy and a relatively low unemployment rate, and it's considered one of the most developed and prosperous countries in Latin America. The healthcare system is also considered good, and expats have access to good schools and universities. However, the cost of living can be relatively high in some areas, particularly in Santiago and Valparaíso, and housing costs can also be high.
The official language is Spanish, and it's important for expats to have a basic understanding of Spanish to be able to navigate the country and integrate into the society. Chile is a relatively conservative society and can be quite formal at times, so it's also good to know about the local customs and etiquette.
Read more at our Chile (CLP) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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