Convert Chilean Unit of Account (UF) to Swazi Lilangeni
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Swazi Lilangeni [SZL], or Convert Swazi Lilangeni to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Swazi Lilangeni
1 CLF = 0.00141563298741369 SZL
Example: convert 15 CLF to SZL:
15 CLF = 15 × 0.00141563298741369 SZL = 0.0212344948112053 SZL
Chilean Unit Of Account (Uf) to Swazi Lilangeni Conversion Table
Chilean Unit of Account (UF) | Swazi Lilangeni |
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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).
Swazi Lilangeni
The Swazi Lilangeni (SZL) is the official currency of Eswatini, subdivided into 100 cents.
History/Origin
The Lilangeni was introduced in 1974, replacing the Swazi pound, to modernize the currency system and align with regional monetary standards.
Current Use
The SZL is actively used for all financial transactions within Eswatini and is pegged to the South African Rand at par, facilitating regional trade and stability.