Compare today's CLP to PEN (Chilean Peso to Peruvian Nuevo Sol) exchange rates
📈 Chile to Peru Money Transfer Snapshot Today
- Best CLP to PEN exchange rate today: PEN 0.0038, offered by Ria Money Transfer
- Number of money transfer providers compared: 2
- Exchange rate range: PEN 0.0034 to PEN 0.0038
- Potential savings on CLP 1000: PEN 0.40
- Number of deals and promo codes: 1
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real CLP to PEN exchange rate before providers add their margin or fees. exchange rate: 1 CLP = PEN 0.0038 (Updated about an hour ago)
See detailed Chile to Peru money transfer comparison below.
Money Transfer Providers that matched the search criteria
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
💡What today's CLP-PEN exchange rates mean for you
Compare today's CLP-PEN exchange rates and send money from Chile to Peru after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
RemitFinder compared 2 providers that you can rely on for Chile to Peru money transfers today. Here is a summary of how the competition looks like right now:
Today's Most Competitive Chile to Peru Providers
🥇 Ria Money Transfer with 1 CLP = 0.0038 PEN (best CLP to PEN exchange rate today).
🥈 Global66 offering 1 CLP = 0.0034 PEN.
The exchange rate provided by these 2 providers ranges from PEN 0.0034 to PEN 0.0038. For a CLP 1000 money transfer from Chile to Peru, that could mean up to PEN 0.40 saved on FX alone.
CLP-PEN exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final PEN payout that your recipient gets in Peru.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Chile to Peru remittances.
🔄 Looking for the reverse corridor? Send money from Peru to Chile instead.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Chile.
👇 We also suggest looking beyond today's CLP-PEN exchange rate — historical pricing trends show many factors that can affect the overall transfer cost of your transfer.
Whilst CLP-PEN exchange rate is crucial, historical data shows that transfer fees, CLP amount sent and payment and delivery methods can also significantly influence your final payout.
Below, we analyze Chile to Peru historical remittance data to help you understand where costs may arise and share some best practices to try to maximize your PEN payout.
Data-driven cost insights for Chile to Peru money transfers
When you send money internationally from Chile to Peru, the key factors that will influence the overall cost of your transaction are:
- CLP-PEN exchange rate
- Transfer fee
- Payment method
- Delivery method
Ideally, you would want to optimize these 4 factors to try to get the maximum PEN payout for your overseas recipient in Peru.
Another counter-balancing aspect is money transfer speed. If you need to rush money from Chile to Peru, you may have to compromise on some of the above factors whilst optimizing for speed.
To put this into a better perspective using a data-driven approach, we analyzed historical remittance pricing1 for Chile to Peru money transfers to compare transfer costs, FX margins, fees, and payment and delivery methods across providers.
This analysis is based on 139 actual Chile to Peru money transfers handled by 7 providers over the last 5 years (for a CLP 112500 remittance benchmark).
This data-driven approach using real CLP-PEN transfer data provides useful insights into identifying the lowest-cost payment and delivery combinations, thereby helping you reduce costs and maximize the amount received.
Before we deep dive, here are the key trends from our analysis, summarized in an easy to read format.
📌 Key insights for Chile to Peru money transfers
- Average total cost: 5.90% (range 1.71% to 17.63%, spread 15.92 percentage points)
- Potential payout difference: On a CLP 112500 transfer, the above variation can save you up to CLP 17,910.00.
- Average FX markup: 2.99% (range -1.87%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. to 14.72%, spread 16.59 percentage points) - Average transfer fee: CLP 3,271.56 (range CLP 1,992.00 to CLP 8,155.00)
- Cheapest payment/delivery method combo: Cash → Cash Pickup (5.90% avg cost)
- Market coverage: ~7 providers on average (competition level: moderate)
- Average speed: About 2 hours
🛠️ Key takeaway: Compare providers using both exchange rate and fees, then optimize your payment and delivery methods to reduce total cost.
Below, we provide detailed data-driven insights on various factors that influence the total cost of your Chile to Peru money transfers.
📈 CLP to PEN exchange rate is often the biggest driver of both cost and payout
The exchange rate on your Chile to Peru money transfers is usually the single biggest factor that will determine your overall CLP cost and your recipient's PEN payout.
To analyze exchange rates, we will rely on the exchange rate markup (also called FX margin) which is the difference between the mid-market exchange rate
Based on historical pricing data for a CLP 112500 money transfer benchmark, we see the following FX markup ranges for Chilean Peso to Peru transfers:
- Average markup: 2.99%
- Median markup: 2.44%
- Lowest markup: -1.87%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. - Highest markup: 14.72%
That is a spread of 16.59 percentage points between the lowest and highest observed FX markups.
To put this into perspective, on a CLP 112500 transfer, the above markup range is equivalent to roughly PEN 18,663.75 purely from differences in the exchange rate. That incremental saving increases to PEN 46,452.00 for a CLP 280000 transfer.
🛠️ How to use this insight: When comparing providers for Chile to Peru remittances, pay close attention to the exchange rate you receive. A small difference in the FX markup can quickly outweigh other factors like fees, and the gap generally grows as transfer amounts increase.
CLP to PEN exchange rate can be the single most critical factor that determines the cost of your transfer. When comparing providers, keep an eye on the rate you will get.
💰 Transfer fees affect your total Chile to Peru remittance cost
Whilst exchange rate is a major factor affecting total transfer cost, the transfer fee can also have a big impact on how much of your Chilean Peso reaches your recipient in Peru.
Based on data from last 5 years, we notice the below about Chilean Peso to Peru money transfer fees:
- Average fee: CLP 3,271.56
- Median fee: CLP 3,125.00
- Lowest fee: CLP 1,992.00
- Highest fee: CLP 8,155.00
The average fee amount of CLP 3,271.56 noted above represents 2.91% of the total amount sent.
Also note that even if two providers provide the same exchange rate, a best vs worst case transfer fee can increase the payout by CLP 6,163.00.
🛠️ How to use this insight: For your next money transfer from Chile to Peruvian Nuevo Sol, look for providers that provide lower (or even 0) fees.
One caveat to this, though, is something called the hidden fee. Some providers may hide their real fees by offering a 0 or low fee, but providing a lower exchange rate. The money lost due to an inferior FX rate affects your bottom line and is referred to as a hidden fee. Therefore, you should also keep an eye on rates whilst paying attention to fees.
Another point that you should keep in mind is that for larger transfers, fixed fees become a lesser percentage of total amount. But for smaller transfers, fees can be a major part of total cost.
💸 Payment and delivery methods matter for CLP-PEN remittances
Based on our detailed analysis of historical Chile to Peru data, we see consistent variation in overall cost amongst the payment method and delivery method you choose.
Here is the average cost for popular payment methods used to send money to Peru from Chile:
- Cash: 5.90%
Here is the average cost of popular delivery methods used to send money from Chile to Peru:
- Cash Pickup: 5.90%
As you can imagine, the possible combinations of Chile payment methods and Peru delivery methods will all have disparate cost. Let us look at that next.
Here is a summary of the average cost of payment and delivery method combinations for Chile to PEN money transfers.
| Payment Method | Delivery Method | Average Cost (%) |
|---|---|---|
| Cash | Cash Pickup | 5.90 |
Sorted by Average Cost % (cheapest to most expensive).
Here is a quick summary of the average historical cost of various payment and delivery methods for CLP to Peru money transfers.
💸 Cheapest payment and delivery methods (data-backed)
- Cheapest payment method: Cash averaged 5.90%.
- Cheapest delivery method: Cash Pickup averaged 5.90%.
- Cheapest combo: Cash → Cash Pickup averaged 5.90%.
🛠️ How to use this insight: As you compare money transfer providers for your next Chile to Peru international money transfer, strive to pair the lowest-cost payment method with the lowest-cost delivery method.
This can help you avoid the pitfall of "great exchange rate, expensive methods".
You can save money on your Chile to Peru remittances by carefully choosing the most economical payment and delivery methods.
📊 Does sending more money reduce the cost of CLP-PEN money transfers?
To see if transfer cost varies based on the amount sent, we compared the average cost of sending CLP 112500 vs CLP 280000 from Chile to Peru.
We found that sending a higher amount (CLP 280000) tends to be cheaper - average cost drops from 5.90% to 5.79%, a reduction of 0.11 percentage points.
The cost of your transfer usually continues to drop as transfer amount increases. That said, always check the latest exchange rates and fees for your intended transfer amount.
🛠️ How to use this insight: Since it is generally cheaper to send higher Chilean Peso amounts to Peru, consider consolidating smaller, more frequent transfers into fewer, larger ones. Doing so may reduce the total cost you pay.
🏛 How competitive is the Chile to Peru remittance market?
Based on data from the last 5 years, CLP-PEN money transfers are provided on an average by 7 remittance companies. With around 7 providers serving this market, we consider the level of competition to be moderate.
A remittance market with more active providers is typically more competitive. This means you can get a better pricing and more payment and delivery options for your Chile to Peru remittances.
⏱️ How fast are CLP-PEN money transfers?
If your recipient in Peru needs funds urgently, you may need to optimize your transfer for speed.
Here is what we see for Chile to Peru transfers when it comes to processing time:
- Average transfer time: About 2 hours.
- Fastest transfer time: About less than 1 hour.
- Slowest transfer time: About 48 hours (~2.0 days).
- Average speed at CLP 112500: About 2 hours.
- Average speed at CLP 280000: About 2 hours.
🛠️ How to use this insight: If you need to send money from Chile to Peru in a hurry, compare providers not just on exchange rate, but also on expected speed. Speed also varies based on the delivery method (bank vs cash vs wallet) you choose for Peru.
Chile to Peru transfer speed varies across providers, so compare transfer speed along with cost for time-sensitive money transfers. In addition, pick the fastest payment and delivery methods for faster processing.
Frequently Asked Questions about Chile to Peru money transfers
These FAQs use data from RemitFinder's historical analysis of Chile to Peru money transfers over several years.
What factors affect the total cost of sending money from Chile to Peru?
The total cost of your CLP-PEN money transfer depends on how you fund the transaction (payment method), how the recipient receives it (delivery method), the exchange rate you get, and any transfer fee charged by the provider.
To avoid overpaying for your transfer, compare money transfer providers.
How much does the exchange rate affect Chile to Peru transfers?
Historical CLP to PEN exchange rate markup ranges from -1.87% to 14.72%, a spread of 16.59 percentage points. Even small differences in the exchange rate markup can impact your final payout significantly.
Can CLP-PEN exchange rate markup be negative?
Sometimes, money transfer providers may offer promotional exchange rates that are better than the mid-market exchange rate, resulting in a negative CLP-PEN exchange rate markup.
Such offers are generally limited by transfer amount, eligibility, or duration. Compare providers to see if you can take advantage of any ongoing special offers.
Is the exchange rate or the transfer fee more important for Chile to Peru transfers?
Exchange rate markup ranges from -1.87% to 14.72% (a spread of 16.59 percentage points).
Transfer fees range from CLP 1992.00 to CLP 8155.00, which equals roughly 5.48% on a CLP 112500.00 transfer.
At both CLP 112500.00 and CLP 280000.00, the exchange rate markup shows larger variation than the other component.
Regardless, our recommendation is that it is important to compare both exchange rates and fees when choosing a provider for Chile to Peru transfers.
As the transfer amount increases, the % impact of fees decreases (because the fee gets spread across a larger CLP amount), whilst exchange rate markup remains a percentage-based cost that can scale with transfer size.
For smaller transfers, fees can matter more, whilst for larger transfers, exchange rate often becomes the bigger driver. Either way, comparing both helps you get the most PEN for your CLP.
How much can Chile to Peru transfer costs vary between providers?
Historical transfer cost ranges from 1.71% to 17.63% for CLP transfers to Peru. That is a spread of 15.92 percentage points, meaning significant differences between various money transfer providers.
A major contributor to this variation is exchange rate markup. FX markup alone ranges from -1.87% to 14.72% (a spread of 16.59 percentage points). Thus, even small differences in FX margin can have a big impact on the final PEN payout.
Why do various money transfer providers price CLP to Peru transfers differently?
If you send the same Chilean Peso amount to Peru via different providers, the cost of each transfer will be different because of variations in FX markup, fees, and payment and delivery methods.
Even small differences among all the above factors can change the final PEN payout in Peru in a big way.
How stable are transfer costs in the Chile to Peru corridor?
When we analyzed the historical total cost for CLP-PEN transfers, we observed a range from 1.71% to 17.63% (15.92 percentage points difference), along with a variability (standard deviation) of 2.73%.
A major driver of cost in this market is exchange rate markup. FX markup ranges from -1.87% to 14.72% (16.59 percentage points difference), with a standard deviation of 2.60%. Fees and payment/delivery method choices can contribute to further volatility.
This is exactly why we recommend comparing money transfer providers to get the most of your CLP-PEN transfers.
What is the cheapest way to send money from Chile to Peru?
Based on historical data, Cash → Cash Pickup is the cheapest combination with 5.90% cost.
Money transfer providers tend to price payment and delivery methods for Chile to Peru remittances differently. As you compare options, look for the cheapest payment-delivery method combo to maximize the value of your CLP-PEN transfers.
Does sending more money reduce the cost for Chile to Peru transfers?
Larger CLP-PEN transfers are cheaper on average.
The cost of a CLP 112500 transfer averages 5.90% as compared to 5.79% for a CLP 280000 transfer, a difference of 0.11 percentage points.
How long does it take to send money from Chile to Peru?
Based on our analysis, the average transfer time for CLP-PEN transfers is 2 hours, with the fastest transfers completing in less than one hour and the slowest in 48 hours (~2.0 days).
Are instant transfers available from Chile to Peru?
Yes, historical data shows that some transfers to Peru from Chile can complete in less than one hour.
Note that the actual speed of your CLP-PEN transfer will depend on the chosen provider, payment method, delivery method, and eligibility checks.
How competitive is the Chile to Peru remittance market?
Based on historical data, the competition level in Chile to Peru is considered moderate with 7 active providers.
Do I risk overpaying if I do not compare providers for Chile to Peru?
Historically, total CLP-PEN transfer cost has varied by 15.92 percentage points. On a CLP 112500 transfer, that can translate to CLP 17910.00 in savings.
CLP-PEN exchange rate markup also varies across providers. The average markup spread has been about 16.59 percentage points. On a CLP 112500 transfer, that could be CLP 18663.75 saved from FX alone.
Fees can also make a big difference in this market, with a difference of about CLP 6163.00 across providers.
That is why comparing providers can materially change how much of the CLP you send does your recipient receive in Peru in Peru.
Latest CLP to PEN Conversion Rates
Here are some latest CLP to PEN (Chilean Peso to Peruvian Nuevo Sol) exchange rates for popular conversion amounts*.
| 1 CLP | 0.00 PEN |
| 5 CLP | 0.02 PEN |
| 10 CLP | 0.04 PEN |
| 25 CLP | 0.10 PEN |
| 50 CLP | 0.19 PEN |
| 100 CLP | 0.38 PEN |
| 150 CLP | 0.57 PEN |
| 200 CLP | 0.76 PEN |
| 250 CLP | 0.95 PEN |
| 300 CLP | 1.14 PEN |
| 400 CLP | 1.52 PEN |
| 500 CLP | 1.90 PEN |
| 600 CLP | 2.28 PEN |
| 700 CLP | 2.66 PEN |
| 800 CLP | 3.04 PEN |
| 1000 CLP | 3.80 PEN |
| 1500 CLP | 5.70 PEN |
| 2000 CLP | 7.60 PEN |
| 2500 CLP | 9.50 PEN |
| 3000 CLP | 11.40 PEN |
| 4000 CLP | 15.20 PEN |
| 5000 CLP | 19.00 PEN |
| 10000 CLP | 38.00 PEN |
| 15000 CLP | 57.00 PEN |
| 20000 CLP | 76.00 PEN |
| 30000 CLP | 114.00 PEN |
| 40000 CLP | 152.00 PEN |
| 50000 CLP | 190.00 PEN |
| 100000 CLP | 380.00 PEN |
*Based on the Mid-market Exchange Rate
1 Based on 139 pricing observations across 7 firms over the last 5 years for a CLP 112500 money transfer from Chile to Peru. Data Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org.
How we analyze remittance data?
Insights are derived from the World Bank's Remittance Prices Worldwide dataset, which collects standardized provider pricing information at defined transfer amounts.
We aggregate this data across multiple providers and multi-year periods to calculate averages, medians, and variability measures in order to identify consistent pricing patterns for the Chile to Peru remittance corridor.
RemitFinder does not modify the underlying World Bank data. The analysis presented here is independently calculated from published datasets and is intended for informational and comparison purposes only.