Convert Chilean Unit of Account (UF) to Ghanaian Cedi
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Ghanaian Cedi [GHS], or Convert Ghanaian Cedi to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Ghanaian Cedi
1 CLF = 0.00228612403243303 GHS
Example: convert 15 CLF to GHS:
15 CLF = 15 × 0.00228612403243303 GHS = 0.0342918604864954 GHS
Chilean Unit Of Account (Uf) to Ghanaian Cedi Conversion Table
| Chilean Unit of Account (UF) | Ghanaian Cedi |
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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).
Ghanaian Cedi
The Ghanaian Cedi (GHS) is the official currency of Ghana, used for all monetary transactions within the country.
History/Origin
The Cedi was introduced in 1965, replacing the Ghanaian Pound. It has undergone several redenominations, with the current decimalized form adopted in 2007 to facilitate easier transactions.
Current Use
Today, the GHS is widely used across Ghana for everyday purchases, banking, and financial transactions, and is actively traded in foreign exchange markets.