Convert Kenyan Shilling to Chilean Unit of Account (UF)
Please provide values below to convert Kenyan Shilling [KES] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Kenyan Shilling.
How to Convert Kenyan Shilling to Chilean Unit Of Account (Uf)
1 KES = 5193.8796847354 CLF
Example: convert 15 KES to CLF:
15 KES = 15 × 5193.8796847354 CLF = 77908.195271031 CLF
Kenyan Shilling to Chilean Unit Of Account (Uf) Conversion Table
| Kenyan Shilling | Chilean Unit of Account (UF) |
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Kenyan Shilling
The Kenyan Shilling (KES) is the official currency of Kenya, used as the country's legal tender for all transactions.
History/Origin
Introduced in 1966, replacing the East African shilling, the Kenyan Shilling has undergone various denominations and reforms to stabilize and modernize Kenya's currency system.
Current Use
The KES is widely used in Kenya for everyday transactions, banking, and trade, and is also accepted in some neighboring regions for cross-border commerce.
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).