Both of these symbols are used by many currencies, most notably the United States dollar, and may be ambiguous without clarification, such as CLP$ or US$.

[3] Shortly after the military dictatorship in Chile (1973–1990) ended, the obverse designs of the 5 and 10 peso coins were changed.

Those coins had borne the image of a winged female figure wearing a classical robe and portrayed as if she had just broken a chain binding her two hands together (a length of chain could be seen hanging from each of her wrists); beside her appear the date of the coup d'état Roman numerals and the word LIBERTAD (Spanish for "liberty").

In 2001, a newly redesigned 100-peso coin bearing the image of a Mapuche woman began to circulate.

In February, 2010, it was discovered that on the 2008 series of the 50 peso coins the country name CHILE had been misspelled as CHIIE.

[citation needed] The cover of the 2007 Velvet Revolver album Libertad features a stylized version of the angel from the Pinochet-era 10 pesos coin.

[9] In June 1982, during that year's economic crisis, the peso was devalued and different exchange rate regimes were used.

[8][10] In August 1984 the peso returned to a system of crawling bands, which were periodically adjusted to reflect differences between external and internal inflation.

[10] Starting in September 1999, the Chilean peso was allowed to float freely against the United States dollar for the first time.

[11] During the first months of the Presidency of Gabriel Boric, the US dollar began to have a strong appreciation against the Chilean peso, among the reasons was the very strong drop in the raw material of Copper, in addition to political and economic instability due to the rise of the cost of living reaching its highest level in 20 years of 2-digit inflation of 14.1%, also due to uncertainty about the arrival of the 2022 Chilean constitutional referendum that would take place a few months later between approval and rejection and the discouraging economic figures in China led the dollar to exceed the figure of 1000 pesos for the first time in its history, reaching a price of more than 1050 pesos per dollar; after that, the Central Bank of Chile carried out its largest exchange intervention in the market, intervening on Thursday, July 14, 2022, for an amount of up to US$25,000 million starting on Monday, July 18, 2022 and until September 30. of 2022.

On Friday, July 28, 2023, the Central Bank of Chile announced the strongest drop since 2009 in the monetary policy rate with a drop substantial 100 basic points from 11.25% to 10.25%, which led the dollar to have a strong rise as there began to be greater access to loans and as time deposits were not profitable, they led to reaching 860 pesos per dollar.