Convert Chilean Unit of Account (UF) to Brunei Dollar
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Brunei Dollar [BND], or Convert Brunei Dollar to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Brunei Dollar
1 CLF = 0.0194341981869334 BND
Example: convert 15 CLF to BND:
15 CLF = 15 × 0.0194341981869334 BND = 0.291512972804001 BND
Chilean Unit Of Account (Uf) to Brunei Dollar Conversion Table
| Chilean Unit of Account (UF) | Brunei Dollar |
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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).
Brunei Dollar
The Brunei Dollar (BND) is the official currency of Brunei, used for all monetary transactions within the country.
History/Origin
Introduced in 1967, the Brunei Dollar replaced the Malayan dollar and has been pegged to the Singapore Dollar since 1967, maintaining a fixed exchange rate.
Current Use
The Brunei Dollar is widely used in Brunei for everyday transactions, banking, and trade, and is also accepted in some neighboring regions due to its peg to the Singapore Dollar.