Convert Chilean Unit of Account (UF) to Sudanese Pound
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Sudanese Pound [SDG], or Convert Sudanese Pound to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Sudanese Pound
1 CLF = 5.53854363563029e-05 SDG
Example: convert 15 CLF to SDG:
15 CLF = 15 × 5.53854363563029e-05 SDG = 0.000830781545344543 SDG
Chilean Unit Of Account (Uf) to Sudanese Pound Conversion Table
Chilean Unit of Account (UF) | Sudanese Pound |
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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).
Sudanese Pound
The Sudanese Pound (SDG) is the official currency of Sudan, used for everyday transactions and financial exchanges within the country.
History/Origin
The Sudanese Pound was introduced in 1956, replacing the Sudanese Piastre. It has undergone several redenominations and reforms, notably in 2007 when the currency was revalued following economic challenges and the country's separation from South Sudan.
Current Use
Today, the Sudanese Pound is the legal tender in Sudan, used in banking, commerce, and daily transactions. It exists in both banknotes and coins, with ongoing efforts to stabilize and modernize the currency system.