Convert Algerian Dinar to Chilean Unit of Account (UF)
Please provide values below to convert Algerian Dinar [DZD] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Algerian Dinar.
How to Convert Algerian Dinar to Chilean Unit Of Account (Uf)
1 DZD = 5227.63792826122 CLF
Example: convert 15 DZD to CLF:
15 DZD = 15 × 5227.63792826122 CLF = 78414.5689239183 CLF
Algerian Dinar to Chilean Unit Of Account (Uf) Conversion Table
| Algerian Dinar | Chilean Unit of Account (UF) |
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Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.
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).