Today's CLP to USD Price Update

Summary

This report provides the real-time exchange rate between the Chilean Peso (CLP) and the U.S. Dollar (USD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Chilean Peso (CLP) is the primary legal currency of Chile. The exchange rate between them reflects market sentiment toward emerging market currencies and investor confidence in the stability of the U.S. Dollar relative to regional economies.

Today’s Price

• 1 CLP = 0.00109 USD
• 24h High: 0.0011111 USD
• 24h Low: 0.0010999 USD

Market Analysis

Recent CLP/USD price movement shows relatively tight consolidation within a narrow range, reflecting the typical characteristics of a thinly traded currency pair.

• Technical levels: Moving averages at 0.001106 USD indicate sell signals, with Fibonacci pivot points clustered around 0.001106 USD
• Risk note: USD/CLP exhibits lower liquidity compared to major currency pairs, which can result in wider spreads and potential price volatility during off-peak trading hours
• Trading opportunities: The New York session represents the optimal trading window for USD/CLP, given overlapping business hours between the U.S. and Chile

Conclusion

Continue to monitor the CLP/USD pair closely, paying particular attention to liquidity conditions and session-specific trading patterns. Traders should exercise caution given the lower trading volumes characteristic of this currency pair and adjust position sizing accordingly.