Convert Moldovan Leu to Chilean Unit of Account (UF)
Please provide values below to convert Moldovan Leu [MDL] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Moldovan Leu.
How to Convert Moldovan Leu to Chilean Unit Of Account (Uf)
1 MDL = 681.538523403571 CLF
Example: convert 15 MDL to CLF:
15 MDL = 15 × 681.538523403571 CLF = 10223.0778510536 CLF
Moldovan Leu to Chilean Unit Of Account (Uf) Conversion Table
| Moldovan Leu | Chilean Unit of Account (UF) |
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Moldovan Leu
The Moldovan Leu (MDL) is the official currency of Moldova, used for all monetary transactions within the country.
History/Origin
The Moldovan Leu was introduced in 1993, replacing the Soviet ruble, following Moldova's independence. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Moldovan Leu is actively used as the national currency for everyday transactions, banking, and trade in Moldova. It is issued and regulated by the National Bank of Moldova.
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).