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Easily convert CLF to UGX 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 Ugandan Shilling (UGX) is the official currency of Uganda, introduced in 1987 to replace the Uganda pound. It is subdivided into 100 cents and is issued by the Bank of Uganda, which plays a crucial role in managing the country's monetary policy and ensuring the stability of the currency.