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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 peso is the currency of Chile.The current peso has circulated since 1975, with a previous version circulating between 1817 and 1960.Its symbol is defined as a letter S with either one or two vertical bars superimposed prefixing the amount, [1] $ or ; the single-bar symbol, available in most modern text systems, is almost always used.
Big Mac index, November 2022. The Big Mac Index is a price index published since 1986 by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries.
The economy of Chile operates as a market economy and is classified as a high-income economy by the World Bank. [27] It is recognized as one of the most prosperous countries in South America, [28] leading the region in areas such as competitiveness, income per capita, globalization, economic freedom, and low levels of perceived corruption. [29]
Dominó is a Chilean chain of fuente de soda restaurants, a type of establishment specializing in Chilean-style fast food. [1] While the completo is what they are best known for, Dominó also serves Chilean-style sandwiches, empanadas and salads. [2]
The Chilean Primera División (English: First Division of Chile) is Chile's premier professional football league, being the highest division of Chilean football league system. It is organized by the ANFP. Founded in 1933, the league is officially known as the Campeonato Itaú due to sponsorship by Brazilian bank Itaú. [3]
Mirgor is an Argentinean company that produces electronics, mobile and automotive components, and exports, distributes and commercializes agricultural products. It has its administrative headquarters in the city of Buenos Aires, [3] and industrial sites in Río Grande, [4] Garín [5] and Baradero, as well as its own agricultural-livestock exploitation field in Bolívar.
In Chile, the cueca developed and spread in bars and taverns, [12] which were popular centers of entertainment and parties in the nineteenth century. [13] During Fred Warpole's stay in Chile between 1844 and 1848, he described some characteristics of the dance: guitar or harp accompaniment, hand drumming or tambourine for rhythm, high-pitched singing, and a unique strumming pattern where the ...