Coins of the Chilean peso

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The Chilean peso (Spanish: peso chileno) currently has 6 denominations of coins, which are 1, 5, 10, 50, 100 and 500 pesos. Its subdivision is the centavo (Spanish: centavo chileno), but centavo coins were only minted until 1979. The coins were first minted in 1975.^[1] The peso and centavo replaced the Chilean escudo and centesimo respectively. The latter currency were Chile's national currency from 1960 to 1975.

The centavo had an equivalent value to the American Penny, but due to the rampant inflation in the late 1970s, which reached as high as 211% in 1976,^[2] the centavo became obsolete, alongside the lower denominations of the Chilean peso. Minting of centavo coins stopped in 1979, and the subdivision ceased being legal tender in 1983.^[1]