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The Unidad de Fomento (UF) is a unit of account used in Chile. It is a non-circulating currency; [1] the exchange rate between the UF and the Chilean peso is constantly adjusted for inflation so that the purchasing power of the Unidad de Fomento remains almost constant on a daily basis during low inflation. It was created on 20 January 1967 ...
The popular new 1000-peso banknote was issued on 11 May 2011. [5] Since September 2004, the 2000-peso note has been issued only as a polymer banknote; the 5000-peso note began emission in polymer in September 2009; and the 1000-peso note was switched to polymer in May, 2011. This was the first time in Chilean history that a new family of ...
The Chilean peso (symbol: $) was the legal tender of Chile from 1817 until 1960, when it was replaced by the escudo, a currency that was itself replaced in 1975 by a new peso. [ 1 ] It was established in 1817, together with the country's independence, and in 1851 the decimal system was established in the peso, which was made up of 100 centavos.
The Chilean currency is the Chilean peso (CLP). Chile is one of South America's most stable and prosperous nations, [19] leading Latin American nations in human development, competitiveness, globalization, economic freedom, and low perception of corruption. [20] Since July 2013, Chile is considered by the World Bank as a "high-income economy".
Chile's Nueva Canción movement in modern Chilean folk culture is adapted from the folk music of the north, not of the brass bands but of the panpipes and quenas. The traditional Chilean folk music of the huasos were also popularized, particularly the tonadas, folk songs sung with a guitar, mainly on the topics of love.
The following list provides information relating to the minimum wages (gross) of countries in Europe. [1] [2]The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), [3] Belgium (38 hours), [4] United Kingdom (38 hours), [3] Germany (38 hours), [5] Ireland (39 hours) [5] and Monaco (39 hours). [6]
Chile's 2017 census reported a population of 17,574,003 people. Its rate of population growth has been decreasing since 1990, due to a declining birth rate . [ 6 ] By 2050 the population is expected to reach approximately 20.2 million people, at which point it is projected to either stagnate or begin declining. [ 7 ]
USD/MXN exchange rate. Mexican peso crisis in 1994 was an unpegging and devaluation of the peso and happened the same year NAFTA was ratified. [2]The Mexican peso (symbol: $; currency code: MXN; also abbreviated Mex$ to distinguish it from other peso-denominated currencies; referred to as the peso, Mexican peso, or colloquially varo) is the official currency of Mexico.