Chile 20,000 Pesos, P165, 2020 , Circulated

The Chile 20,000 Pesos banknote, issued in 2020, pays tribute to Andrés Bello, a Venezuelan-Chilean educator, diplomat, and philosopher who was instrumental in the founding of the University of Chile. As the highest denomination in the series, this note reflects the country's intellectual heritage and modern economic identity. Its detailed portrait and high-quality cotton substrate make it a significant piece for those interested in South American numismatics and the history of Latin American scholarship. On the reverse, the banknote showcases the natural beauty of the Salar de Tara, located in the Los Flamencos National Reserve. This landscape is accompanied by the depiction of an Andean flamingo, highlighting Chile's diverse wildlife and unique high-altitude ecosystems. Security features include a sophisticated watermark and a security thread that exhibits movement when tilted, demonstrating the advanced printing techniques used by the Central Bank of Chile to ensure authenticity and durability.