Convert São Tomé and Príncipe Dobra to Chilean Unit of Account (UF)
Please provide values below to convert São Tomé and Príncipe Dobra [STN] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to São Tomé and Príncipe Dobra.
How to Convert São Tomé And Príncipe Dobra to Chilean Unit Of Account (Uf)
1 STN = 839.765964291459 CLF
Example: convert 15 STN to CLF:
15 STN = 15 × 839.765964291459 CLF = 12596.4894643719 CLF
São Tomé And Príncipe Dobra to Chilean Unit Of Account (Uf) Conversion Table
| São Tomé and Príncipe Dobra | Chilean Unit of Account (UF) |
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São Tomé And Príncipe Dobra
The São Tomé and Príncipe Dobra (STN) is the official currency of São Tomé and Príncipe, used for all monetary transactions within the country.
History/Origin
The Dobra was introduced in 1977, replacing the São Tomé and Príncipe escudo at par, and has undergone various redenominations and updates since its inception to stabilize the economy and modernize the currency system.
Current Use
Today, the Dobra remains the official currency, with banknotes and coins in circulation, and is used for everyday transactions, though it is subject to inflation and economic fluctuations.
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).