Convert Indonesian Rupiah to Chilean Unit of Account (UF)
Please provide values below to convert Indonesian Rupiah [IDR] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Indonesian Rupiah.
How to Convert Indonesian Rupiah to Chilean Unit Of Account (Uf)
1 IDR = 654975.760012868 CLF
Example: convert 15 IDR to CLF:
15 IDR = 15 × 654975.760012868 CLF = 9824636.40019302 CLF
Indonesian Rupiah to Chilean Unit Of Account (Uf) Conversion Table
| Indonesian Rupiah | Chilean Unit of Account (UF) |
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Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.
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).