Travelling to Europe or the United States this summer: why the euro is rising less than the dollar for Chileans

If you are deciding between travelling to Europe or the United States this summer, exchange rates tip the balance slightly. Compared with last summer, the dollar costs 12.1% more in Chilean pesos and the euro 6.1% more, according to the SII observed dollar and the reference rates of the European Central Bank (ECB).

CLP 994.29

Observed dollar

+12.1% vs. last summer

CLP 1,106.94

Euro

+6.1% vs. last summer

−5.3%

Euro against the dollar

from US$1.18 to US$1.11

Source: SII and ECB; InfoByData calculation

View the data as a table

Observed dollar	CLP 994.29 | +12.1% vs. last summer
Euro	CLP 1,106.94 | +6.1% vs. last summer
Euro against the dollar	−5.3% | from US$1.18 to US$1.11

Travelling to Europe or the United States: what the same budget costs

Last summer (average from December 2025 to February 2026), one dollar cost CLP 887.33 and one euro CLP 1,043.18. Today they cost CLP 994.29 and CLP 1,106.94.

Budget	Last summer	Today	Difference
US$1,000 (United States)	CLP 887,327	CLP 994,290	+CLP 106,963
€1,000 (euro area)	CLP 1,043,177	CLP 1,106,943	+CLP 63,766
£1,000 (United Kingdom)	CLP 1,197,408	CLP 1,321,171	+CLP 123,762

In other words, the same budget of one thousand units rose CLP 43,197 more in dollars than in euros. The United Kingdom is the European destination that became most expensive: the pound rose 10.3%, almost as much as the dollar.

Why the euro rose less than the dollar

The Chilean peso weakened against the dollar in 2026. But so did the euro: last summer one euro was worth US$1.18 on average, and on October 28 it is worth US$1.11, according to the ECB. That 5.3% drop of the euro against the dollar partly offsets the peso's fall.

• Euro
• US dollar

Source: SII (observed dollar) and ECB; InfoByData calculation. October, through the 28th

View the data as a table

	Euro	US dollar
Dec	1,073.09 CLP	916.16 CLP
Jan	1,037.49 CLP	883.97 CLP
Feb	1,019.24 CLP	862.02 CLP
Mar	1,051.64 CLP	909.89 CLP
Apr	1,050.24 CLP	897.89 CLP
May	1,048.17 CLP	897.64 CLP
Jun	1,040.93 CLP	903.38 CLP
Jul	1,062.71 CLP	930.97 CLP
Aug	1,063.86 CLP	917.66 CLP
Sep	1,090.72 CLP	947.27 CLP
Oct	1,100.55 CLP	981.58 CLP

As a result, the gap between the two currencies narrowed: last summer one euro cost CLP 155.85 more than one dollar; today the difference is CLP 112.65.

The euro is still more expensive than the dollar, so the exchange rate alone is not enough to decide. When travelling to Europe or the United States, airfares, lodging and each city's cost of living also matter. To see how other currencies are moving, check the ranking of exchange rates for holidays abroad and our analysis of the dollar price in Chile.

How we calculated these figures

• Dollar: SII observed dollar. Today's value (CLP 994.29) was published on October 27, 2026.
• Euro and pound: calculated through the dollar with ECB reference rates as of October 28, 2026.
• Last summer: average of business days between December 1, 2025 and February 28, 2026.
• These are reference values. Exchange houses and cards apply their own rate and charges. You can calculate other amounts with the currency converter.

Exchange rates can change from day to day. At InfoByData we will keep evaluating and analyzing them throughout the summer season, and we will update these figures when there are relevant changes.

This article is for information only and is not a recommendation to buy currency or invest.