Convert Chilean Unit of Account (UF) to Chinese Yuan

Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Chinese Yuan [CNY], or Convert Chinese Yuan to Chilean Unit of Account (UF).




How to Convert Chilean Unit Of Account (Uf) to Chinese Yuan

1 CLF = 0.00346645478749355 CNY

Example: convert 15 CLF to CNY:
15 CLF = 15 × 0.00346645478749355 CNY = 0.0519968218124033 CNY


Chilean Unit Of Account (Uf) to Chinese Yuan Conversion Table

Chilean Unit of Account (UF) Chinese Yuan

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).


Chinese Yuan

The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.

History/Origin

The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.

Current Use

Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).



Convert Chilean Unit of Account (UF) To Other Currency Units