The chilean
peso is the currency of
Chile. The symbol used locally for it is the
$ (the
US dollar is written
US$). It used to be divided in 100 centavos up until the early
1980s. It exists in denominations of 500, 1000, 2000, 5000, 10000 and 20000. Coins of 1, 5, 10, 50, 100 and 500 exist (the last one is not yet in circulation). As of January 2002, a US dollar is worth approximately 700 pesos.