Convert Chilean Unit of Account (UF) to Comorian Franc
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Comorian Franc [KMF], or Convert Comorian Franc to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Comorian Franc
1 CLF = 5.93022188253782e-05 KMF
Example: convert 15 CLF to KMF:
15 CLF = 15 × 5.93022188253782e-05 KMF = 0.000889533282380674 KMF
Chilean Unit Of Account (Uf) to Comorian Franc Conversion Table
| Chilean Unit of Account (UF) | Comorian Franc |
|---|
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).
Comorian Franc
The Comorian Franc (KMF) is the official currency of the Comoros, used for all monetary transactions within the country.
History/Origin
The Comorian Franc was introduced in 1979, replacing the French franc at par, and is issued by the Central Bank of the Comoros. It is pegged to the euro at a fixed rate.
Current Use
The KMF is actively used across the Comoros for everyday transactions, banking, and trade, and is accepted throughout the country.