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Investopedia explains 'CLP (Chilean Peso)'
The "old" peso was used as currency in Chile between 1917 to 1959, when the escudo (CLE) came into use. The current (or new) Chilean peso was re-established on September 29, 1975, replacing the escudo at an exchange of 1:1000.
The Chilean people also refer to their currency by "luka" when refering to the 1,000 peso note, "quina" for the 500 peso coin,and "gamba" for the 100 peso coin.
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