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Uruguay Remitly vs Western Union: Which is the better option for you
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11 mins read 
CLF - Chilean Unit of Account currency
Chile
The Chilean Unit of Account (CLF), also known as the Unidad de Fomento (UF), is a unique financial unit used in Chile. Unlike traditional currencies, the UF is not a physical currency but an inflation-indexed unit that adjusts daily based on the Consumer Price Index (CPI). The Central Bank of Chile manages this system to protect long-term contracts, loans, and mortgages from inflation. As a result, many Chileans conduct large financial transactions, such as real estate purchases and business contracts, in UF rather than the Chilean Peso (CLP). The value of the UF fluctuates to maintain its purchasing power, making it a crucial tool for financial stability in Chile.
CLF - Chilean Unit of Account profile
Symbol CLF - Chilean Unit of Account - UF
ISO 4217 Code CLF
Central Bank CLF
Nicknames -
Countries using this currency Unidad de Fomento
CLF - Chilean Unit of Account live currency rates
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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