Convert Chilean Unit of Account (UF) to Saint Helena Pound
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Saint Helena Pound [SHP], or Convert Saint Helena Pound to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Saint Helena Pound
1 CLF = 0.0335917871133324 SHP
Example: convert 15 CLF to SHP:
15 CLF = 15 × 0.0335917871133324 SHP = 0.503876806699987 SHP
Chilean Unit Of Account (Uf) to Saint Helena Pound Conversion Table
| Chilean Unit of Account (UF) | Saint Helena Pound |
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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).
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.