Convert Chilean Unit of Account (UF) to Mauritian Rupee
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Mauritian Rupee [MUR], or Convert Mauritian Rupee to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Mauritian Rupee
1 CLF = 0.000547112194520958 MUR
Example: convert 15 CLF to MUR:
15 CLF = 15 × 0.000547112194520958 MUR = 0.00820668291781437 MUR
Chilean Unit Of Account (Uf) to Mauritian Rupee Conversion Table
| Chilean Unit of Account (UF) | Mauritian Rupee |
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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).
Mauritian Rupee
The Mauritian Rupee (MUR) is the official currency of Mauritius, used for all monetary transactions within the country.
History/Origin
The Mauritian Rupee was introduced in 1876, replacing the Indian Rupee, and has undergone various reforms to modernize and stabilize the currency over the years.
Current Use
Today, the Mauritian Rupee is widely used in Mauritius for everyday transactions, banking, and trade, and is managed by the Bank of Mauritius.