Convert Trinidad and Tobago Dollar to Chilean Unit of Account (UF)
Please provide values below to convert Trinidad and Tobago Dollar [TTD] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Trinidad and Tobago Dollar.
How to Convert Trinidad And Tobago Dollar to Chilean Unit Of Account (Uf)
1 TTD = 272.502814862474 CLF
Example: convert 15 TTD to CLF:
15 TTD = 15 × 272.502814862474 CLF = 4087.54222293711 CLF
Trinidad And Tobago Dollar to Chilean Unit Of Account (Uf) Conversion Table
| Trinidad and Tobago Dollar | Chilean Unit of Account (UF) |
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Trinidad And Tobago Dollar
The Trinidad and Tobago Dollar (TTD) is the official currency of Trinidad and Tobago, used for all monetary transactions within the country.
History/Origin
The Trinidad and Tobago Dollar was introduced in 1964, replacing the Trinidad and Tobago pound at a rate of 1 dollar = 1 pound. It was decimalized in 1969, aligning with international standards.
Current Use
The TTD is widely used in everyday transactions, banking, and trade within Trinidad and Tobago. It is also accepted in some neighboring regions and is managed by the Central Bank of Trinidad and Tobago.
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).