Money & duty free for Chile

Exchange rates:

Chilean Peso
C$1 = CH$478.03
€1 = CH$770.17
£1 = CH$936.25
US$1 = CH$557.78

Currency & Money

Currency information

Chilean Peso (CLP; symbol CH$) = 100 centavos. The local symbol is simply $. Notes are in denominations of CH$20,000, 10,000, 5,000, 2,000 and 1,000. Coins are in denominations of CH$500, 100, 50, 10, 5 and 1, although the latter is no longer in circulation.

Credit cards

Visa and MasterCard are commonly accepted – although Diners Club and American Express slightly less so - in towns and cities, where ATMs are also largely available. Outside of the larger, more tourist-centred towns, currency exchange can be tricky.

ATM

Credit/debit cards (Visa, Diners Club, MasterCard and sometimes American Express) are widely accepted in towns and cities, where ATMs or Redbancs are also largely available.

Travellers cheques

The government does not regulate the market of foreign currency in Chile, making it possible to exchange money and traveller's cheques at any casa de cambio at market-driven exchange rates. However, exchanging traveller's cheques in Chile has been reported to be problematic.

Banking hours

Mon-Fri 0900-1400.

Currency restriction

The import and export of local and foreign currencies is unlimited, however amounts exceeding the equivalent of US$10,000 must be declared.

Currency exchange

Foreign exchange transactions can be conducted through commercial banks, casas de cambio, or authorised shops, restaurants, hotels and clubs. Casas de cambio are open daily 0900-1900 (Mon-Sat) and 0900-1400 (Sun).

Chile duty free

The following goods may be imported into Chile without incurring customs duty:

• 400 cigarettes and 500g of tobacco and 50 cigars.
• 2.5L of alcohol.
• Gifts to the value of US$300.
• Items bought on arrival in the duty-free shop to the value of US$500.

Banned imports

Used cars and motorbikes, asbestos and pornography.

Restricted imports requiring authorisation include firearms and ammunition, food, drugs and pharmaceutical products.

Edited by Jane Duru
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