Convert Macanese Pataca to Chilean Unit of Account (UF)
Please provide values below to convert Macanese Pataca [MOP] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Macanese Pataca.
How to Convert Macanese Pataca to Chilean Unit Of Account (Uf)
1 MOP = 325.140743123693 CLF
Example: convert 15 MOP to CLF:
15 MOP = 15 × 325.140743123693 CLF = 4877.1111468554 CLF
Macanese Pataca to Chilean Unit Of Account (Uf) Conversion Table
| Macanese Pataca | Chilean Unit of Account (UF) |
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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.
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).