Convert Bulgarian Lev to Chilean Unit of Account (UF)
Please provide values below to convert Bulgarian Lev [BGN] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Bulgarian Lev.
How to Convert Bulgarian Lev to Chilean Unit Of Account (Uf)
1 BGN = 67.0580665916037 CLF
Example: convert 15 BGN to CLF:
15 BGN = 15 × 67.0580665916037 CLF = 1005.87099887405 CLF
Bulgarian Lev to Chilean Unit Of Account (Uf) Conversion Table
| Bulgarian Lev | Chilean Unit of Account (UF) |
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
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).