Convert Chilean Unit of Account (UF) to Guyanaese Dollar
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Guyanaese Dollar [GYD], or Convert Guyanaese Dollar to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Guyanaese Dollar
1 CLF = 0.000118820150498516 GYD
Example: convert 15 CLF to GYD:
15 CLF = 15 × 0.000118820150498516 GYD = 0.00178230225747774 GYD
Chilean Unit Of Account (Uf) to Guyanaese Dollar Conversion Table
| Chilean Unit of Account (UF) | Guyanaese Dollar |
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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).
Guyanaese Dollar
The Guyanese Dollar (GYD) is the official currency of Guyana, used for all monetary transactions within the country.
History/Origin
The Guyanese Dollar was introduced in 1957, replacing the British West Indian dollar, and has undergone various redenominations and economic reforms since then.
Current Use
The GYD is widely used in Guyana for everyday transactions, banking, and trade, and is also accepted in some neighboring regions.