Convert Saint Helena Pound to Chilean Unit of Account (UF)
Please provide values below to convert Saint Helena Pound [SHP] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Saint Helena Pound.
How to Convert Saint Helena Pound to Chilean Unit Of Account (Uf)
1 SHP = 29.7691812771433 CLF
Example: convert 15 SHP to CLF:
15 SHP = 15 × 29.7691812771433 CLF = 446.53771915715 CLF
Saint Helena Pound to Chilean Unit Of Account (Uf) Conversion Table
| Saint Helena Pound | Chilean Unit of Account (UF) |
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Saint Helena Pound
The Saint Helena Pound (SHP) is the official currency of Saint Helena, a British Overseas Territory, and is pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1961, replacing the Saint Helena Pound's predecessor, it has maintained a fixed exchange rate with the British Pound, reflecting the territory's historical and economic ties to the UK.
Current Use
The SHP is used for all local transactions on Saint Helena and is interchangeable with the British Pound Sterling, which is also accepted on the island.
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).