The currency used in Chile is the Chilean peso (CLP). The Chilean peso is the official monetary unit of the country and is issued and regulated by the Central Bank of Chile, which is the country’s central bank.

The symbol used to represent the Chilean peso is:  $

The value of the Chilean peso in comparison to other currencies can fluctuate in international currency markets. The exchange rate between the Chilean peso and other currencies, such as the US dollar or the euro, varies daily and is subject to market forces.

Regarding the denominations of banknotes and coins in circulation, the Central Bank of Chile issues banknotes in denominations of 1,000, 2,000, 5,000, 10,000, and 20,000 Chilean pesos. In addition, there are coins of  5, 10, 50, 100, and 500 Chilean pesos.

It is important to note that, like in many other countries, it is recommended to exchange your foreign currency for Chilean pesos upon arrival in Chile, either at a bank, exchange house, or by using ATMs. Most businesses and establishments in Chile accept payments with credit and debit cards, and ATMs are widely available for withdrawing cash in Chilean pesos.

In summary, the Chilean peso is the official currency of Chile, issued and regulated by the Central Bank of Chile. It is used in everyday transactions and has different denominations of banknotes and coins in circulation. The exchange rate of the Chilean peso can fluctuate in international currency markets.