The Swiss Franc (CHF)
The Swiss Franc (CHF, Fr.) is the official currency of Switzerland and Liechtenstein, countries known for their banking, mountains, and high quality of life. The franc is widely used for everyday shopping, business, and international finance. Its banknotes and coins feature Swiss culture, famous landmarks, and historical figures.
Currency overview
The Swiss Franc is managed by the Swiss National Bank (SNB). This central bank issues currency, sets monetary policies, and works to keep the Swiss economy stable and inflation low.
The Swiss Franc was introduced in 1850, replacing a variety of regional currencies. It has been in use for over 175 years, making it one of the world’s oldest currencies.
The Swiss Franc is known for its stability and strength, often seen as a “safe haven” currency during times of global uncertainty. Swiss banknotes are made of durable polymer with modern security features and showcase famous Swiss artists, scientists, and scenic landscapes. The currency is unique in serving two countries, Switzerland and Liechtenstein.
The currency code 'CHF' stands for 'Confoederatio Helvetica Franc,' using the Latin name for Switzerland. The symbol 'Fr.' is commonly used on prices and receipts. This helps identify the Swiss Franc clearly in local and international transactions.
Swiss Franc Stats | |
|---|---|
Name | Swiss Franc |
Symbol | CHF / Fr. |
Minor unit | Rappen (German), centime (French), centesimo (Italian) |
Minor unit symbol | Rp / c / ct |
Top CHF conversion | CHF/USD |
Top CHF Chart | CHF to USD, EUR, GBP |
Swiss Franc Profile | |
|---|---|
Nicknames | Franc, CHF |
Coins | 5, 10, 20, 50 rappen; 1, 2, 5 francs |
Bank notes | 10, 20, 50, 100, 200, 1000 francs |
Central Bank | Swiss National Bank |
Users | Switzerland, Liechtenstein |
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