Convert Cayman Islands Dollar to Chilean Unit of Account (UF)
Please provide values below to convert Cayman Islands Dollar [KYD] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Chilean Unit Of Account (Uf)
1 KYD = 33.5089271352742 CLF
Example: convert 15 KYD to CLF:
15 KYD = 15 × 33.5089271352742 CLF = 502.633907029114 CLF
Cayman Islands Dollar to Chilean Unit Of Account (Uf) Conversion Table
| Cayman Islands Dollar | Chilean Unit of Account (UF) |
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Cayman Islands Dollar
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, used for all monetary transactions within the territory.
History/Origin
Introduced in 1972, the Cayman Islands Dollar replaced the Jamaican dollar at par, establishing a stable local currency for the financial sector and tourism industry.
Current Use
The KYD is widely used in the Cayman Islands for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate of 1 KYD = 1.20 USD.
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).