Convert North Korean Won to Chilean Unit of Account (UF)
Please provide values below to convert North Korean Won [KPW] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to North Korean Won.
How to Convert North Korean Won to Chilean Unit Of Account (Uf)
1 KPW = 36191.0889496542 CLF
Example: convert 15 KPW to CLF:
15 KPW = 15 × 36191.0889496542 CLF = 542866.334244813 CLF
North Korean Won to Chilean Unit Of Account (Uf) Conversion Table
| North Korean Won | Chilean Unit of Account (UF) |
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North Korean Won
The North Korean Won (KPW) is the official currency of North Korea, used for everyday transactions within the country.
History/Origin
The North Korean Won was first introduced in 1947, replacing the Korean won used during the Japanese occupation, and has undergone several redenominations and reforms since then.
Current Use
Today, the KPW is primarily used domestically in North Korea, with limited acceptance outside the country; it is subject to strict government control and currency regulations.
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).