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The Chilean Peso (CLP) is the official currency of Chile, symbolized by '$' or 'CLP'. It has been in circulation since 1975, replacing the Chilean escudo, and serves as a medium of exchange for goods and services within the country, as well as a unit of account for economic transactions.
Special Drawing Rights (SDR) is an international reserve asset created by the International Monetary Fund (IMF) to supplement its member countries' official reserves. SDRs are allocated to member countries in proportion to their IMF quotas and can be exchanged among members for freely usable currencies, providing liquidity in the global economy.