Convert Tanzanian Shilling to Chilean Unit of Account (UF)
Please provide values below to convert Tanzanian Shilling [TZS] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Chilean Unit Of Account (Uf)
1 TZS = 103350.538845102 CLF
Example: convert 15 TZS to CLF:
15 TZS = 15 × 103350.538845102 CLF = 1550258.08267653 CLF
Tanzanian Shilling to Chilean Unit Of Account (Uf) Conversion Table
| Tanzanian Shilling | Chilean Unit of Account (UF) |
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Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.
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).