Convert Guernsey Pound to Chilean Unit of Account (UF)
Please provide values below to convert Guernsey Pound [GGP] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Guernsey Pound.
How to Convert Guernsey Pound to Chilean Unit Of Account (Uf)
1 GGP = 29.7691812771433 CLF
Example: convert 15 GGP to CLF:
15 GGP = 15 × 29.7691812771433 CLF = 446.53771915715 CLF
Guernsey Pound to Chilean Unit Of Account (Uf) Conversion Table
| Guernsey Pound | Chilean Unit of Account (UF) |
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Guernsey Pound
The Guernsey Pound (GGP) is the official currency of Guernsey, a British Crown dependency, and is pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1921, the Guernsey Pound has been used locally alongside the British Pound, with both currencies circulating freely and at equal value, reflecting Guernsey's status as a self-governing dependency.
Current Use
The GGP is used for everyday transactions within Guernsey and is accepted alongside the British Pound, with coins and banknotes issued specifically for Guernsey by the local authorities.
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).