Convert Chilean Unit of Account (UF) to Myanma Kyat
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Myanma Kyat [MMK], or Convert Myanma Kyat to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Myanma Kyat
1 CLF = 1.18315341405274e-05 MMK
Example: convert 15 CLF to MMK:
15 CLF = 15 × 1.18315341405274e-05 MMK = 0.000177473012107911 MMK
Chilean Unit Of Account (Uf) to Myanma Kyat Conversion Table
| Chilean Unit of Account (UF) | Myanma Kyat |
|---|
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).
Myanma Kyat
The Myanma Kyat (MMK) is the official currency of Myanmar, used for all monetary transactions within the country.
History/Origin
The Kyat was introduced in 1952, replacing the Indian Rupee, and has undergone several reforms and redenominations over the years to stabilize Myanmar's economy.
Current Use
Today, the Kyat is the primary currency in Myanmar, used in everyday transactions, banking, and financial markets, with banknotes and coins issued by the Central Bank of Myanmar.