Evolution of The Calculation of The UF
From its creation in 1967, each calendar quarter, the UF value of 100 Chilean escudo would be quoted based on the Consumer Price Index (CPI) of the past three months, which would be the official rate for the following quarter. In October 1975 with the currency changeover to pesos, the value of 1 UF was quoted in pesos and readjusted monthly. In July 1977 it was calculated daily by interpolation between the 10th of each month and the 9th of the following month, according to the monthly variation of the CPI. Since 1990 the Central Bank of Chile has determined its value. The values of the CPI are officially kept by the Instituto Nacional de Estadísticas de Chile (National Statistics Institute of Chile).
For historical and current values of the Chilean CPI (abbreviated as IPC in Spanish), see Banco Central de Chile
Historical values of the UF as of 31 December each year:
| year | Value |
|---|---|
| 1967 | Eº115,38 |
| 1968 | Eº 148,17 |
| 1969 | Eº 194,40 |
| 1970 | Eº 256,67 |
| 1971 | Eº 301,24 |
| 1972 | Eº 533,92 |
| 1974 | Eº 2.155,11 |
| 1975 | Eº 15.887,00 |
| 1975 | $ 94,70 ( Eº 94.700 ) |
| 1976 | $ 275,78 |
| 1977 | $ 462,58 |
| 1978 | $ 613,37 |
| 1979 | $ 842,14 |
| 1980 | $ 1.103,61 |
| 1981 | $ 1.232,25 |
| 1982 | $ 1.464,67 |
| 1983 | $ 1.824,03 |
| 1984 | $ 2.230,05 |
| 1985 | $ 2.818,39 |
| 1986 | $ 3.298,77 |
| 1987 | $ 4.044,03 |
| 1988 | $ 4.484,39 |
| 1989 | $ 5.432,32 |
| 1990 | $ 7.043,38 |
| 1991 | $ 8.286,27 |
| 1992 | $ 9.423,57 |
| 1993 | $ 10.623,13 |
| 1994 | $ 11.533,17 |
| 1995 | $ 12.482,81 |
| 1996 | $ 13.280,48 |
| 1997 | $ 14.096,93 |
| 1998 | $ 14.685,39 |
| 1999 | $ 15.066,96 |
| 2000 | $ 15.769,92 |
| 2001 | $ 16.262,66 |
| 2002 | $ 16.744,12 |
| 2003 | $ 16.920,00 |
| 2004 | $ 17.317,05 |
| 2005 | $ 17.974,81 |
| 2006 | $ 18.336,38 |
| 2007 | $ 19.622,66 |
| 2008 | $ 21.452,57 |
| 2009 | $ 20.942,88 |
| 2010 | $ 21.455,55 |
| 2011 | $ 22.294,03 |
| Source: Valor UF | |
Read more about this topic: Unidad De Fomento
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