Coins of the Chilean peso
From Wikipedia, the free encyclopedia
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. The latter currency were Chile's national currency from 1960 to 1975.
![]() | This article may require cleanup to meet Wikipedia's quality standards. The specific problem is: unencyclopedic tone. (May 2021) |
The centavo had an equivalent value to the American Penny, but due to the rampant inflation in the late 1970s, which reached as high as 211% in 1976,[2] the centavo became obsolete, alongside the lower denominations of the Chilean peso. Minting of centavo coins stopped in 1979, and the subdivision ceased being legal tender in 1983.[1]
![](http://upload.wikimedia.org/wikipedia/commons/thumb/a/a1/1_peso_chileno_1976-R_%2832207590515%29.jpg/640px-1_peso_chileno_1976-R_%2832207590515%29.jpg)
![](http://upload.wikimedia.org/wikipedia/commons/thumb/1/12/1_peso_chileno_1976-A_%2831366241784%29.jpg/640px-1_peso_chileno_1976-A_%2831366241784%29.jpg)