Convert Chilean Unit of Account (UF) to Bangladeshi Taka
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Bangladeshi Taka [BDT], or Convert Bangladeshi Taka to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Bangladeshi Taka
1 CLF = 0.000204400344557763 BDT
Example: convert 15 CLF to BDT:
15 CLF = 15 × 0.000204400344557763 BDT = 0.00306600516836644 BDT
Chilean Unit Of Account (Uf) to Bangladeshi Taka Conversion Table
| Chilean Unit of Account (UF) | Bangladeshi Taka |
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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).
Bangladeshi Taka
The Bangladeshi Taka (BDT) is the official currency of Bangladesh, used for all monetary transactions within the country.
History/Origin
The Taka was introduced in 1972, replacing the Pakistani Rupee after Bangladesh gained independence. It has undergone various denominations and reforms over the years to stabilize and modernize the currency.
Current Use
The BDT is actively used in everyday transactions, banking, and international trade involving Bangladesh. It is managed by the Bangladesh Bank, the country's central bank.