Convert Macedonian Denar to Chilean Unit of Account (UF)
Please provide values below to convert Macedonian Denar [MKD] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Macedonian Denar.
How to Convert Macedonian Denar to Chilean Unit Of Account (Uf)
1 MKD = 2125.05227601737 CLF
Example: convert 15 MKD to CLF:
15 MKD = 15 × 2125.05227601737 CLF = 31875.7841402606 CLF
Macedonian Denar to Chilean Unit Of Account (Uf) Conversion Table
| Macedonian Denar | Chilean Unit of Account (UF) |
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Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.
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).