Convert Chilean Unit of Account (UF) to Cambodian Riel
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Cambodian Riel [KHR], or Convert Cambodian Riel to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Cambodian Riel
1 CLF = 6.19372197984012e-06 KHR
Example: convert 15 CLF to KHR:
15 CLF = 15 × 6.19372197984012e-06 KHR = 9.29058296976018e-05 KHR
Chilean Unit Of Account (Uf) to Cambodian Riel Conversion Table
| Chilean Unit of Account (UF) | Cambodian Riel |
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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).
Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.