Convert Uruguayan Peso to Chilean Unit of Account (UF)
Please provide values below to convert Uruguayan Peso [UYU] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Uruguayan Peso.
How to Convert Uruguayan Peso to Chilean Unit Of Account (Uf)
1 UYU = 1620.5525172913 CLF
Example: convert 15 UYU to CLF:
15 UYU = 15 × 1620.5525172913 CLF = 24308.2877593695 CLF
Uruguayan Peso to Chilean Unit Of Account (Uf) Conversion Table
| Uruguayan Peso | Chilean Unit of Account (UF) |
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Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.
Chilean Unit Of Account (Uf)
The Chilean Unit of Account (UF) is a financial unit used in Chile, primarily for indexing and legal purposes, representing a fixed value that adjusts according to inflation.
History/Origin
Introduced in 1967, the UF was established to serve as a stable reference for contracts and legal transactions, adjusting periodically based on inflation indices to preserve its value over time.
Current Use
The UF is widely used in Chile for valuing real estate, loans, and legal contracts, and it is updated daily based on the Chilean Consumer Price Index (CPI).