Convert Chilean Unit of Account (UF) to Hungarian Forint
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Hungarian Forint [HUF], or Convert Hungarian Forint to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Hungarian Forint
1 CLF = 7.30978122684278e-05 HUF
Example: convert 15 CLF to HUF:
15 CLF = 15 × 7.30978122684278e-05 HUF = 0.00109646718402642 HUF
Chilean Unit Of Account (Uf) to Hungarian Forint Conversion Table
| Chilean Unit of Account (UF) | Hungarian Forint |
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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).
Hungarian Forint
The Hungarian Forint (HUF) is the official currency of Hungary, used for all monetary transactions within the country.
History/Origin
The Forint was introduced in 1946, replacing the pengő after hyperinflation. It has undergone several reforms and decimalization since its inception.
Current Use
The Forint remains Hungary's legal tender, with banknotes and coins in circulation. It is managed by the Hungarian National Bank and used for everyday transactions and financial activities.