Convert Chilean Unit of Account (UF) to Singapore Dollar
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Singapore Dollar [SGD], or Convert Singapore Dollar to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Singapore Dollar
1 CLF = 0.0194326795342658 SGD
Example: convert 15 CLF to SGD:
15 CLF = 15 × 0.0194326795342658 SGD = 0.291490193013988 SGD
Chilean Unit Of Account (Uf) to Singapore Dollar Conversion Table
| Chilean Unit of Account (UF) | Singapore Dollar |
|---|
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).
Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.