Convert São Tomé and Príncipe Dobra (pre-2018) to Chilean Unit of Account (UF)
Please provide values below to convert São Tomé and Príncipe Dobra (pre-2018) [STD] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to São Tomé and Príncipe Dobra (pre-2018).
How to Convert São Tomé And Príncipe Dobra (Pre-2018) to Chilean Unit Of Account (Uf)
1 STD = 896002.895287116 CLF
Example: convert 15 STD to CLF:
15 STD = 15 × 896002.895287116 CLF = 13440043.4293067 CLF
São Tomé And Príncipe Dobra (Pre-2018) to Chilean Unit Of Account (Uf) Conversion Table
| São Tomé and Príncipe Dobra (pre-2018) | Chilean Unit of Account (UF) |
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São Tomé And Príncipe Dobra (Pre-2018)
The São Tomé and Príncipe Dobra (STD) was the official currency of São Tomé and Príncipe before 2018, used for everyday transactions within the country.
History/Origin
The Dobra was introduced in 1977, replacing the Portuguese escudo after independence. It was subdivided into 100 cêntimos. The currency underwent various inflationary pressures and was replaced in 2018 by the new Dobra (STN) at a rate of 1 new Dobra = 1000 old Dobras.
Current Use
The STD is no longer in use since 2018; the country now uses the new São Tomé and Príncipe Dobra (STN). The old STD notes are considered obsolete and are primarily of historical interest.
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).