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Paras to Chilean Peso Converter and calculator

Convert 1Paras (PARAS) to Chilean Peso (CLP) equals $ 6.38 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Paras(PARAS) to Chilean Peso(CLP). This is the real-time data. The current conversion shows 1 PARAS at a value of 1 PARAS for 6.38 CLP . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

CLP information

About the Chilean Peso (CLP)

What Is the Chilean Peso (CLP)?

The Chilean Peso, denoted as CLP or symbolized as $ or CLP$, is the official currency of Chile. The current version of the peso has been in circulation since 1975, following the previous version which was used from 1817 to 1960. The peso is recognized by its ISO 4217 code, CLP, and was historically divided into 100 centavos, though this subdivision was formally eliminated in 1996. The Chilean Peso is the sole legal tender in Chile.

The Chilean Peso is issued by the Central Bank of Chile (Banco Central de Chile). The Central Bank is responsible for the country's monetary policy, including the issuance and regulation of the nation's currency. Established in 1925, the Banco Central de Chile plays a crucial role in maintaining the stability of the financial system and ensuring the smooth functioning of payment systems in Chile. Its responsibilities also extend to managing the country's foreign exchange reserves and implementing monetary policies to control inflation and foster economic growth.

What Is the History of CLP?

The first Chilean Peso was introduced in 1817, valued at 8 Spanish colonial reales. The peso underwent several transformations in its early years, including changes in its subdivision and pegging to foreign currencies like the French franc and the British pound sterling. In 1960, the peso was replaced by the escudo at a rate of 1 escudo = 1000 pesos, only to be reintroduced in its current form in 1975, replacing the escudo at a rate of 1 peso = 1000 escudos.

Notes and Coins of CLP

Chilean coinage has evolved over the years, with the introduction of various denominations in copper, silver, and gold. The current coin denominations include 1, 5, 10, 50, 100, and 500 pesos. Banknotes have also seen changes, with the current denominations being 1000, 2000, 5000, 10,000, and 20,000 pesos. Notably, Chile introduced polymer banknotes for certain denominations, enhancing security and durability.

Exchange Rate and Value

The value of the Chilean Peso against the US dollar has fluctuated over time. As of January 2024, the exchange rate was approximately CLP$888 to US$1. Chile's economy and the value of its currency have been impacted by several crises. Notably, during the economic crisis of 1982, the peso was devalued, leading to changes in exchange rate regimes. More recently, political and economic instability, coupled with high inflation rates, led to significant depreciation of the peso against the US dollar, reaching over 1000 pesos per dollar in 2022.

Is CLP Accepted for Transactions in Countries Other Than Chile?

Generally, the Chilean Peso (CLP) is not accepted for transactions in other countries. Currencies like the US Dollar, Euro, or British Pound are more commonly accepted outside their countries of origin due to their widespread recognition and stability. The Chilean Peso, like most national currencies, is primarily used within its own country, Chile.

In some border areas or tourist destinations near Chile, especially in neighboring countries like Argentina, Bolivia, and Peru, there might be limited acceptance of the Chilean Peso, but this is not the norm. Even in these cases, exchange rates offered might not be favorable.

Is CLP Pegged to USD?

The Chilean Peso (CLP) is not pegged to the United States Dollar (USD). Instead, it operates under a floating exchange rate system. In a floating exchange rate system, the value of the currency is determined by the foreign exchange market through supply and demand relative to other currencies. This means that the value of the CLP can fluctuate against the USD based on market conditions, economic factors, and monetary policy decisions made by the Central Bank of Chile.

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Bitget crypto-to-fiat exchange data shows that the most popular Paras currency pair is the PARAS to CLP, with for Paras's currency code being PARAS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for CLP.

PARAS to CLP conversion rate trend

1D7D1M3M1YAll
In the past 1D, Paras has changed +1.82% to CLP. Based on the trend and price charts, Paras(PARAS) has changed +1.82% to CLP while Chilean Peso(CLP) has changed % to PARAS in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$6.38
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/25 00:33:43(UTC+0)

How to buy Paras

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Paras (PARAS)
Use a variety of payment options to buy Paras on Bitget. We'll show you how.

Buy PARAS (or USDT) for CLP (Chilean Peso) offers

Bitget P2P trading does not currently support direct buying of PARAS with CLP. However, you can buy USDT in Bitget P2P trading first, and then buy PARAS with USDT via Bitget spot market.
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Low to high
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Sell PARAS (or USDT) for CLP (Chilean Peso) offers

Bitget P2P trading currently does not support direct selling of PARAS to CLP. However, you can first exchange PARAS for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Paras to Chilean Peso?

Paras to Chilean Peso is falling this week.
Paras's current market price is $ 6.38 per PARAS, with a total market cap of $ 0 CLP based on a circulating supply of -- PARAS. The trading volume of Paras has changed by -97.58% ($ -929,737.76 CLP) in the last 24 hours. Last trading day, PARAS's trading volume was $ 952,799.31.
Market cap
$0
24h volume
$23.30674144
Circulating supply
0 PARAS

Conversion tables

The exchange rate of Paras is decreasing.
1 PARAS is currently valued at $ 6.38 CLP , which means buying 5 PARAS will cost $ 31.92 CLP . Similarly, $1 CLP can be traded for 0.1566 PARAS, and $50 CLP can be converted to 7.83 PARAS, excluding any platform or gas fees.
The exchange rate of 1 PARAS to Chilean Peso has changed by -13.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.82%, reaching a high of 6.41 CLP and a low of 6.27 CLP . One month ago, the value of 1 PARAS was $ 7.59 CLP , which represents a -15.88% change from its current value. Over the last year, Paras has changed by
-$
20.81CLP
, resulting in a change of -76.52% in its value.

PARAS to CLP

Amount
04:44 am today
0.5 PARAS
$3.19
1 PARAS
$6.38
5 PARAS
$31.92
10 PARAS
$63.85
50 PARAS
$319.23
100 PARAS
$638.46
500 PARAS
$3,192.32
1000 PARAS
$6,384.64

CLP to PARAS

Amount04:44 am today
0.5CLP0.07831  PARAS
1CLP0.1566  PARAS
5CLP0.7831  PARAS
10CLP1.57  PARAS
50CLP7.83  PARAS
100CLP15.66  PARAS
500CLP78.31  PARAS
1000CLP156.63  PARAS

Today vs. 24 hours ago

Amount04:44 am today24 hours ago24h change
0.5 PARAS$0.003226$0.003168
+1.82%
1 PARAS$0.006453$0.006337
+1.82%
5 PARAS$0.03226$0.03168
+1.82%
10 PARAS$0.06453$0.06337
+1.82%
50 PARAS$0.3226$0.3168
+1.82%
100 PARAS$0.6453$0.6337
+1.82%
500 PARAS$3.23$3.17
+1.82%
1000 PARAS$6.45$6.34
+1.82%

Today vs. 1 month ago

Amount04:44 am today1 month ago1M change
0.5 PARAS$0.003226$0.003835
-15.88%
1 PARAS$0.006453$0.007670
-15.88%
5 PARAS$0.03226$0.03835
-15.88%
10 PARAS$0.06453$0.07670
-15.88%
50 PARAS$0.3226$0.3835
-15.88%
100 PARAS$0.6453$0.7670
-15.88%
500 PARAS$3.23$3.84
-15.88%
1000 PARAS$6.45$7.67
-15.88%

Today vs. 1 year ago

Amount04:44 am today1 year ago1Y change
0.5 PARAS$0.003226$0.01374
-76.52%
1 PARAS$0.006453$0.02748
-76.52%
5 PARAS$0.03226$0.1374
-76.52%
10 PARAS$0.06453$0.2748
-76.52%
50 PARAS$0.3226$1.37
-76.52%
100 PARAS$0.6453$2.75
-76.52%
500 PARAS$3.23$13.74
-76.52%
1000 PARAS$6.45$27.48
-76.52%

Paras price prediction

What will the price of PARAS be in 2025?

Based on PARAS's historical price performance prediction model, the price of PARAS is projected to reach $0.01043 in 2025.

What will the price of PARAS be in 2030?

In 2030, the PARAS price is expected to change by -18.00%. By the end of 2030, the PARAS price is projected to reach $0.01043, with a cumulative ROI of +68.12%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Paras and CLP.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Paras and CLP. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of Paras in CLP, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.