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Easily convert CLF to GTQ with ConvertOnline's efficient tool.
The Unidad de Fomento (CLF) is a Chilean inflation-indexed unit of account used primarily for financial contracts, mortgages, and long-term loans. Its value is adjusted daily according to inflation, maintaining purchasing power over time, but it is not a circulating currency.
The Guatemalan Quetzal (GTQ) is the official currency of Guatemala, named after the national bird, the quetzal, which symbolizes freedom. It was introduced in 1925, replacing the Guatemalan peso, and is subdivided into 100 centavos. The currency plays a crucial role in facilitating trade and economic stability within the country.