Convert Mauritanian Ouguiya to Chilean Unit of Account (UF)
Please provide values below to convert Mauritanian Ouguiya [MRU] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Mauritanian Ouguiya.
How to Convert Mauritanian Ouguiya to Chilean Unit Of Account (Uf)
1 MRU = 1606.93662538202 CLF
Example: convert 15 MRU to CLF:
15 MRU = 15 × 1606.93662538202 CLF = 24104.0493807303 CLF
Mauritanian Ouguiya to Chilean Unit Of Account (Uf) Conversion Table
| Mauritanian Ouguiya | Chilean Unit of Account (UF) |
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Mauritanian Ouguiya
The Mauritanian Ouguiya (MRU) is the official currency of Mauritania, used for all monetary transactions within the country.
History/Origin
The Ouguiya was introduced in 1973, replacing the CFA franc at par, and has undergone various redenominations and updates since its inception to modernize the currency system.
Current Use
Today, the MRU is actively used in Mauritania for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of West African States (BCEAO).
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).