Convert Swedish Krona to Chilean Unit of Account (UF)
Please provide values below to convert Swedish Krona [SEK] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Swedish Krona.
How to Convert Swedish Krona to Chilean Unit Of Account (Uf)
1 SEK = 383.798455846871 CLF
Example: convert 15 SEK to CLF:
15 SEK = 15 × 383.798455846871 CLF = 5756.97683770307 CLF
Swedish Krona to Chilean Unit Of Account (Uf) Conversion Table
| Swedish Krona | Chilean Unit of Account (UF) |
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Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.
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).