Convert Chilean Unit of Account (UF) to Pakistani Rupee
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Pakistani Rupee [PKR], or Convert Pakistani Rupee to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Pakistani Rupee
1 CLF = 8.73061346005853e-05 PKR
Example: convert 15 CLF to PKR:
15 CLF = 15 × 8.73061346005853e-05 PKR = 0.00130959201900878 PKR
Chilean Unit Of Account (Uf) to Pakistani Rupee Conversion Table
| Chilean Unit of Account (UF) | Pakistani Rupee |
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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).
Pakistani Rupee
The Pakistani Rupee (PKR) is the official currency of Pakistan, used for all monetary transactions within the country.
History/Origin
The Pakistani Rupee was introduced in 1947, replacing the Indian Rupee at independence, and has undergone various reforms and devaluations over the years to stabilize the economy.
Current Use
Today, the PKR is widely used across Pakistan for everyday transactions, banking, and trade, with the central bank managing its issuance and regulation.