5 Escudos

Chile's escudo replaced the peso in 1960 at a rate of 1,000 to 1, a devaluation acknowledgment that had been politically delayed for years. The Casa de Moneda de Chile handled production entirely in-house, which was not unusual for Chilean currency by this period — the mint had been printing paper money domestically since the 1920s rather than contracting European firms as many neighboring republics continued to do.

The P#137 series circulated through a period of mounting inflation that would ultimately consume the escudo itself within a decade; by 1975 the peso had been reintroduced, again at a 1,000-to-1 ratio.