Convert Chilean Unit of Account (UF) to Belize Dollar
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Belize Dollar [BZD], or Convert Belize Dollar to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Belize Dollar
1 CLF = 0.012434 BZD
Example: convert 15 CLF to BZD:
15 CLF = 15 × 0.012434 BZD = 0.18651 BZD
Chilean Unit Of Account (Uf) to Belize Dollar Conversion Table
| Chilean Unit of Account (UF) | Belize Dollar |
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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).
Belize Dollar
The Belize Dollar (BZD) is the official currency of Belize, used for all monetary transactions within the country.
History/Origin
The Belize Dollar was introduced in 1973, replacing the Belizean dollar at par with the British dollar, and has since been the country's standard currency, maintaining stability through pegging to the US dollar.
Current Use
The Belize Dollar is widely used in Belize for everyday transactions, banking, and trade, and is pegged to the US dollar at a rate of 2 BZD to 1 USD.