Convert Bitcoin to Chilean Unit of Account (UF)
Please provide values below to convert Bitcoin [BTC] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Bitcoin.
How to Convert Bitcoin to Chilean Unit Of Account (Uf)
1 BTC = 0.000339790455629567 CLF
Example: convert 15 BTC to CLF:
15 BTC = 15 × 0.000339790455629567 CLF = 0.00509685683444351 CLF
Bitcoin to Chilean Unit Of Account (Uf) Conversion Table
| Bitcoin | Chilean Unit of Account (UF) |
|---|
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
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).