Convert Chilean Unit of Account (UF) to Djiboutian Franc
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Djiboutian Franc
1 CLF = 0.000139927189246065 DJF
Example: convert 15 CLF to DJF:
15 CLF = 15 × 0.000139927189246065 DJF = 0.00209890783869098 DJF
Chilean Unit Of Account (Uf) to Djiboutian Franc Conversion Table
| Chilean Unit of Account (UF) | Djiboutian Franc |
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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).
Djiboutian Franc
The Djiboutian Franc (DJF) is the official currency of Djibouti, used for all monetary transactions within the country.
History/Origin
The Djiboutian Franc was introduced in 1949, replacing the French Franc at par, and has been the country's official currency since then, with its value maintained by the Central Bank of Djibouti.
Current Use
The DJF is widely used in Djibouti for everyday transactions, banking, and trade, and is pegged to the US dollar at a fixed rate to ensure stability.