Unidad de Fomento

The Unidad de Formento (UF), or Indexed Unit of Account, is a financial mechanism that is used in Chile to keep the cost of homes and cars in line with inflation. Today, the value of 1 UF is $21,304.82 CLP, so the lowest cost unit in the building pictured is $20,239,579.00 CLP (about US$32,500 on 1/26/09).