Convert Chilean Unit of Account (UF) to Ukrainian Hryvnia
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Ukrainian Hryvnia [UAH], or Convert Ukrainian Hryvnia to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Ukrainian Hryvnia
1 CLF = 0.000595220143850453 UAH
Example: convert 15 CLF to UAH:
15 CLF = 15 × 0.000595220143850453 UAH = 0.0089283021577568 UAH
Chilean Unit Of Account (Uf) to Ukrainian Hryvnia Conversion Table
| Chilean Unit of Account (UF) | Ukrainian Hryvnia |
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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).
Ukrainian Hryvnia
The Ukrainian Hryvnia (UAH) is the official currency of Ukraine, used for all monetary transactions within the country.
History/Origin
The Hryvnia was first introduced in Ukraine in 1918 during the brief independence period, replaced by the Soviet ruble. It was reintroduced in 1996 after Ukraine gained independence from the Soviet Union, replacing the karbovanets as the national currency.
Current Use
Today, the Hryvnia is the sole legal tender in Ukraine, widely used in everyday transactions, banking, and financial markets. It is managed by the National Bank of Ukraine and features modern banknotes and coins.