Her funeral was held at the Iglesia San Patricio in Las Condes with burial at Parque del Recuerdo in Huechuraba. Matilde Pérez died from cardiac arrest in Santiago, Chile, on October 1, 2014, at the age of 97. If you're not bored you don't change.' Her last major exhibition, 'Matilde X Matilde, Espacio móvil,' featuring previously unpublished sketches and other materials, was held in 2013. The BBC called her 'one of the most widely acclaimed women in the international art world.' In an interview with BBC Mundo, she was quoted, 'One changes if you're bored. She was still creating new artistic works at the time and expressed no interest in retiring from her work. In 2012, her retrospective exhibition opened at Pinta, the largest annual Latin American art show in London, when she was 95 years old. At the same year, she received the Academia Prize, otorgated by the Chilean Fine Arts Academy. In the 2013 version of this prize, she was nominated in the Painting category by Open Cube. In 2004, she received the Altazor Award of National Arts in the Engraving and Drawing category for her work Serigrafías, while in 2011 she received a new nomination to the same award by Acá en la Estructura.

Perez opened more than fifty art shows worldwide during the 2000s and 2010s, including El Ojo Latino, Colección Luciano Benetton at the Contemporary Arts Museum of Santiago (2008), Exposición Arte en América at the La Moneda Palace's Cultural Centre (2010–2011), Mavi la Colección at the Visual Arts Museum of Santiago (2011), and her participation in the Chilean Fine Arts National Museum's Official Hall in 1939, 1943, 1944, 19. Her paint combinates the study of the space, the line, the colour and the materials, which reveals a rigour in the composition, a rational control of colour and a respect to the support' Her work shows the 'experimentation with the possibilities of creation of virtual movement through the optical illusion', and 'is based in the investigation of the visual effects of the abstract forms and the use of colour. She joined the movement and became a kinetic artist herself. She moved to Paris, France, during the early 1960s, where she became interested in kinetic art, which focuses on movement, including the work of Victor Vasarely.

In the Fine Arts School she married Gustavo Carrasco Délano, and they had a son, the architect Gustavo Carrasco Pérez. Studied Art in the University of Chile, where was student of Pablo Burchard and Jorge Caballero, also receiving lectures by Pedro Reszka and Laureano Guevara. She was born in Santiago, Chile, on December 7, 1916.

Her best known public pieces include Túnel Cinético (Kinetic Tunnel) in 1970, and el Friso, which was originally constructed at the Centro Comercial Apumanque in 1982, but is now located at the University of Talca. She was a pioneer of modern and kinetic art in Chile. Matilde Pérez Cerda (Decem– October 1, 2014) was a Chilean visual artist who specialised in kinetic art.

Matilde perez artist paisaje chileno