Skyline in Chile

Chile Exchange Rate October 2019

Chile: Civil turmoil drives the peso to a 16-year low in November

The Chilean peso plunged to a record low against the U.S. dollar at the end of October amid heightened civil unrest. On 1 November, the peso ended the day at 741 per USD, a 1.6% depreciation from the same day in October. The result marked a 6.3% depreciation year-to-date and a 7.1% loss from the same day last year.

The peso’s lackluster performance this year has been driven by low copper prices, as well as broader external uncertainties and trade war turmoil. More recently, the peso fell to a fresh new low following the cancellation of the APEC and COP25 summits on 30 October as the government struggled to quell the wide spread protests that have engulfed the country in the past weeks and dampened investor sentiment.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest