You will often see prices listed as "Neto" or "Total," with "Total" implying that tax and a standard 19% VAT have been added. While the city boasts extensive card coverage, you will still need cash for street food, small local markets, and public transportation buses.
Santiago Chile Currency Exchange Rates and Current Peso Information
Tipping Culture and Pricing In Santiago, tipping is not mandatory but is appreciated for good service. It is advisable to use ATMs located inside bank branches or shopping centers for security reasons, and to avoid standalone machines in isolated areas.
Banknotes circulate in denominations of 1,000, 2,000, 5,000, 10,000, and 20,000 pesos, with the 2,000 note being the most prevalent in everyday use. Your home bank may charge international withdrawal fees, so it is prudent to calculate the cost beforehand or seek out a local bank account if staying for an extended period.
Santiago Chile Currency Exchange Rates and Current Peso Information
Understanding the Chilean Peso The Chilean peso, denoted by the symbol $, is the sole legal tender in Santiago. As of late 2024, the rate sits roughly around 900 to 1,000 Chilean pesos per US dollar, though this is a moving target.
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