Convert Chilean Unit of Account (UF) to Swiss Franc
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Swiss Franc [CHF], or Convert Swiss Franc to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Swiss Franc
1 CLF = 0.031284438294125 CHF
Example: convert 15 CLF to CHF:
15 CLF = 15 × 0.031284438294125 CHF = 0.469266574411876 CHF
Chilean Unit Of Account (Uf) to Swiss Franc Conversion Table
| Chilean Unit of Account (UF) | Swiss Franc |
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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).
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.