Convert Chilean Unit of Account (UF) to Gambian Dalasi
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Gambian Dalasi [GMD], or Convert Gambian Dalasi to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Gambian Dalasi
1 CLF = 0.00034168305145993 GMD
Example: convert 15 CLF to GMD:
15 CLF = 15 × 0.00034168305145993 GMD = 0.00512524577189895 GMD
Chilean Unit Of Account (Uf) to Gambian Dalasi Conversion Table
| Chilean Unit of Account (UF) | Gambian Dalasi |
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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).
Gambian Dalasi
The Gambian Dalasi (GMD) is the official currency of The Gambia, used for all monetary transactions within the country.
History/Origin
The Dalasi was introduced in 1979, replacing the Gambian Pound at a rate of 1 Dalasi = 10 Pounds, to modernize the country's currency system.
Current Use
The Gambian Dalasi is actively used as the primary currency in The Gambia, with coins and banknotes circulating for everyday transactions and trade.