Pega. A cost center is part of an organization that does not produce direct profit and adds to the cost of running a company. Employees and cost center management are responsible for its costs but not for the revenues or investment decisions.
It is referred to in the currency markets as the Canadian Dollar. The currency of Canada is the Canadian Dollar. It is abbreviated CAD. Canada's currency is Dollar.
The Chilean Peso is the official Chilean currency. CLP/CAD represents the value of Chilean money in Canadian money and it is called the 'exchange rate' or 'forex rate'. This exchange rate from Chilean Peso to Canadian Dollar is today at 0.002. As an example, suppose you are from Ottawa Canada and you travel to Santiago Chile.