Convert Bermudan Dollar to Chilean Unit of Account (UF)
Please provide values below to convert Bermudan Dollar [BMD] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Bermudan Dollar.
How to Convert Bermudan Dollar to Chilean Unit Of Account (Uf)
1 BMD = 40.2123210551713 CLF
Example: convert 15 BMD to CLF:
15 BMD = 15 × 40.2123210551713 CLF = 603.18481582757 CLF
Bermudan Dollar to Chilean Unit Of Account (Uf) Conversion Table
| Bermudan Dollar | Chilean Unit of Account (UF) |
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Bermudan Dollar
The Bermudan Dollar (BMD) is the official currency of Bermuda, used for all monetary transactions within the territory.
History/Origin
Introduced in 1970, the Bermudan Dollar replaced the Bermudian Pound at par, aligning Bermuda's currency with the US dollar for economic stability and convenience.
Current Use
The Bermudan Dollar is widely accepted in Bermuda, often pegged at par to the US dollar, and is used in everyday transactions, banking, and commerce within the territory.
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).