Convert Chilean Unit of Account (UF) to Sri Lankan Rupee
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Sri Lankan Rupee [LKR], or Convert Sri Lankan Rupee to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Sri Lankan Rupee
1 CLF = 8.24705890936393e-05 LKR
Example: convert 15 CLF to LKR:
15 CLF = 15 × 8.24705890936393e-05 LKR = 0.00123705883640459 LKR
Chilean Unit Of Account (Uf) to Sri Lankan Rupee Conversion Table
| Chilean Unit of Account (UF) | Sri Lankan Rupee |
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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).
Sri Lankan Rupee
The Sri Lankan Rupee (LKR) is the official currency of Sri Lanka, used for all monetary transactions within the country.
History/Origin
The Sri Lankan Rupee was introduced in 1872 during British colonial rule, replacing the Indian Rupee. It has undergone various changes and decimalization over the years, with the current form established in 1978.
Current Use
Today, the LKR is the legal tender in Sri Lanka, used in everyday transactions, banking, and trade. It is managed by the Central Bank of Sri Lanka and is actively traded in foreign exchange markets.