Convert Chilean Unit of Account (UF) to Macanese Pataca
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Macanese Pataca [MOP], or Convert Macanese Pataca to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Macanese Pataca
1 CLF = 0.00307559117443356 MOP
Example: convert 15 CLF to MOP:
15 CLF = 15 × 0.00307559117443356 MOP = 0.0461338676165034 MOP
Chilean Unit Of Account (Uf) to Macanese Pataca Conversion Table
| Chilean Unit of Account (UF) | Macanese Pataca |
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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).
Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau, used for everyday transactions and financial dealings within the region.
History/Origin
Introduced in 1999, the Pataca replaced the Macau pataca, and has since been pegged to the Hong Kong dollar at a fixed rate, reflecting Macau's economic ties with Hong Kong and China.
Current Use
The Pataca remains the primary currency in Macau, widely used for commerce, banking, and tourism-related transactions.