The current exchange rate in Chile is $476,20 pesos per dollar , My Cambio Office in Santiago gives me $471 pesos per dollar on a personal US drawn check. Whoever told you , you would get $400 (16% exchange fee) pesos to the dollar on greenbacks is dead wrong..!! The Exchange on greenbacks is better....!!
Good Luck on your project
Asked questions to your answer to this topic to Chile's multiple expats members that I know privately
by PM and the US Green Backs has no clouts over there. Reason as to why from exchange rate of
USD$1.00 to Chilean Pesos $600.00 a couple months ago. Now the Dollar has lost its luster and only worth
One$1.00USD for _Only_ Chilean $478.20 as todays cambio rate. So once admired US$ does not shine brighter
anymore, especially in the country that is to enter, the " world trillion dollar club member contry "..in a few years..
Right now,Flashing US green backs in Chile..worthless, In Peru yes, you can change USD$ at a very favourable rate in the
supermarkets, as matter of fact, better rates than going to the Cambio exchange Houses.!
Rich One-san, you must have a very strong ties and clouts there in order to use your own personal cheques
for exchange method, vs the phisical GreenBacks.
"cause even the Amex travellers cheques are frowned upon_ instead of 16% cambio fee, I have been told 20%.
So using my own USoA banks personal cheques there trying to exchange into Chilean Pesos is laughing matter.!
How dreadful has the Argentine visit for me is being unfold, perhaps I should skip entirely the BsAs fact finding trip
and stick to Santiago de Chile only.. LoL help me here.!!