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The currency of Chile is the Chilean Peso. 1 Chilean Peso is worth about 0.0016 a dollar. The banknotes that are frequently used are $1000, $2000, $5000, $10000, $20000.The best place to go to exchange your money is Santiago because there are various exchange shops there. There are many different atms in Chile and they all represent three different banks Redf, Redbanc and BancoEstado