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Retik Finance to Chilean Peso Converter and calculator

Convert 1Retik Finance (RETIK) to Chilean Peso (CLP) equals $ 2.53 | 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 Retik Finance(RETIK) to Chilean Peso(CLP). This is the real-time data. The current conversion shows 1 RETIK at a value of 1 RETIK for 2.53 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 Retik Finance currency pair is the RETIK to CLP, with for Retik Finance's currency code being RETIK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for CLP.

RETIK to CLP conversion rate trend

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In the past 1D, Retik Finance has changed +6.94% to CLP. Based on the trend and price charts, Retik Finance(RETIK) has changed +6.94% to CLP while Chilean Peso(CLP) has changed % to RETIK in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$2.48
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/23 00:32:27(UTC+0)

How to buy Retik Finance

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Create Your Free Bitget Account
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 Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Retik Finance (RETIK)
Use a variety of payment options to buy Retik Finance on Bitget. We'll show you how.

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

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

Bitget P2P trading currently does not support direct selling of RETIK to CLP. However, you can first exchange RETIK 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 Retik Finance to Chilean Peso?

Retik Finance to Chilean Peso is rising this week.
Retik Finance's current market price is $ 2.53 per RETIK, with a total market cap of $ 0 CLP based on a circulating supply of -- RETIK. The trading volume of Retik Finance has changed by -15.31% ($ -11,483,506.17 CLP) in the last 24 hours. Last trading day, RETIK's trading volume was $ 75,010,001.55.
Market cap
$0
24h volume
$64.16K
Circulating supply
0 RETIK

Conversion tables

The exchange rate of Retik Finance is increasing.
1 RETIK is currently valued at $ 2.53 CLP , which means buying 5 RETIK will cost $ 12.65 CLP . Similarly, $1 CLP can be traded for 0.3954 RETIK, and $50 CLP can be converted to 19.77 RETIK, excluding any platform or gas fees.
The exchange rate of 1 RETIK to Chilean Peso has changed by +3.44% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.94%, reaching a high of 2.56 CLP and a low of 2.34 CLP . One month ago, the value of 1 RETIK was $ 2.39 CLP , which represents a +5.97% change from its current value. Over the last year, Retik Finance has changed by
-$
1,837.77CLP
, resulting in a change of -99.86% in its value.

RETIK to CLP

Amount
07:53 am today
0.5 RETIK
$1.26
1 RETIK
$2.53
5 RETIK
$12.65
10 RETIK
$25.29
50 RETIK
$126.46
100 RETIK
$252.93
500 RETIK
$1,264.65
1000 RETIK
$2,529.29

CLP to RETIK

Amount07:53 am today
0.5CLP0.1977  RETIK
1CLP0.3954  RETIK
5CLP1.98  RETIK
10CLP3.95  RETIK
50CLP19.77  RETIK
100CLP39.54  RETIK
500CLP197.68  RETIK
1000CLP395.37  RETIK

Today vs. 24 hours ago

Amount07:53 am today24 hours ago24h change
0.5 RETIK$0.001277$0.001194
+6.94%
1 RETIK$0.002555$0.002389
+6.94%
5 RETIK$0.01277$0.01194
+6.94%
10 RETIK$0.02555$0.02389
+6.94%
50 RETIK$0.1277$0.1194
+6.94%
100 RETIK$0.2555$0.2389
+6.94%
500 RETIK$1.28$1.19
+6.94%
1000 RETIK$2.55$2.39
+6.94%

Today vs. 1 month ago

Amount07:53 am today1 month ago1M change
0.5 RETIK$0.001277$0.001205
+5.97%
1 RETIK$0.002555$0.002411
+5.97%
5 RETIK$0.01277$0.01205
+5.97%
10 RETIK$0.02555$0.02411
+5.97%
50 RETIK$0.1277$0.1205
+5.97%
100 RETIK$0.2555$0.2411
+5.97%
500 RETIK$1.28$1.21
+5.97%
1000 RETIK$2.55$2.41
+5.97%

Today vs. 1 year ago

Amount07:53 am today1 year ago1Y change
0.5 RETIK$0.001277$0.9294
-99.86%
1 RETIK$0.002555$1.86
-99.86%
5 RETIK$0.01277$9.29
-99.86%
10 RETIK$0.02555$18.59
-99.86%
50 RETIK$0.1277$92.94
-99.86%
100 RETIK$0.2555$185.87
-99.86%
500 RETIK$1.28$929.35
-99.86%
1000 RETIK$2.55$1,858.71
-99.86%

Retik Finance price prediction

What will the price of RETIK be in 2025?

Based on RETIK's historical price performance prediction model, the price of RETIK is projected to reach $0.3558 in 2025.

What will the price of RETIK be in 2030?

In 2030, the RETIK price is expected to change by -2.00%. By the end of 2030, the RETIK price is projected to reach $0.7698, with a cumulative ROI of +31030.84%.

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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 Retik Finance 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 Retik Finance 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 Retik Finance 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.