Convert Chilean Unit of Account (UF) to Bahamian Dollar
Please provide values below to convert Chilean Unit of Account (UF) [CLF] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Chilean Unit of Account (UF).
How to Convert Chilean Unit Of Account (Uf) to Bahamian Dollar
1 CLF = 0.024868 BSD
Example: convert 15 CLF to BSD:
15 CLF = 15 × 0.024868 BSD = 0.37302 BSD
Chilean Unit Of Account (Uf) to Bahamian Dollar Conversion Table
| Chilean Unit of Account (UF) | Bahamian Dollar |
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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).
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.