Convert Chilean Unit of Account (UF) to Danish Krone
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Danish Krone [DKK], or Convert Danish Krone to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Danish Krone
1 CLF = 0.00391080078002139 DKK
Example: convert 15 CLF to DKK:
15 CLF = 15 × 0.00391080078002139 DKK = 0.0586620117003208 DKK
Chilean Unit Of Account (Uf) to Danish Krone Conversion Table
Chilean Unit of Account (UF) | Danish Krone |
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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).
Danish Krone
The Danish Krone (DKK) is the official currency of Denmark, used for everyday transactions and issued by the Danmarks Nationalbank.
History/Origin
The Danish Krone was introduced in 1875, replacing the rigsdaler, and has undergone various reforms, including pegging to the euro and adopting a floating exchange rate since 1999.
Current Use
The DKK is widely used in Denmark for all financial transactions, including banking, commerce, and international trade, and is also accepted in the Faroe Islands and Greenland.