Convert Tongan Paanga to Chilean Unit of Account (UF)
Please provide values below to convert Tongan Paanga [TOP] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Tongan Paanga.
How to Convert Tongan Paanga to Chilean Unit Of Account (Uf)
1 TOP = 95.8822583239505 CLF
Example: convert 15 TOP to CLF:
15 TOP = 15 × 95.8822583239505 CLF = 1438.23387485926 CLF
Tongan Paanga to Chilean Unit Of Account (Uf) Conversion Table
| Tongan Paanga | Chilean Unit of Account (UF) |
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Tongan Paanga
The Tongan Paʻanga (TOP) is the official currency of Tonga, used as the primary monetary unit for transactions within the country.
History/Origin
The Paʻanga was introduced in 1967, replacing the Tongan pound at a rate of 1 Paʻanga = 10 shillings, to modernize Tonga's currency system and facilitate easier transactions.
Current Use
Today, the Paʻanga remains the official currency of Tonga, widely used in everyday transactions, banking, and trade within the country.
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).