Convert Chilean Unit of Account (UF) to Indonesian Rupiah
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Indonesian Rupiah [IDR], or Convert Indonesian Rupiah to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Indonesian Rupiah
1 CLF = 1.52677405951688e-06 IDR
Example: convert 15 CLF to IDR:
15 CLF = 15 × 1.52677405951688e-06 IDR = 2.29016108927532e-05 IDR
Chilean Unit Of Account (Uf) to Indonesian Rupiah Conversion Table
| Chilean Unit of Account (UF) | Indonesian Rupiah |
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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).
Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.