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The Swiss Franc is the official currency of Switzerland and Liechtenstein. It is issued by the Swiss National Bank. The CHF is subdivided into 100 units, and the symbol used to denote the Swiss Franc is CHF.
Symbol | Fr |
Nicknames | Swiss franc |
ISO 4217 code | CHF |
Country Name | Switzerland |
Country Code | 41 |
Price in USD | 0.88 |
Countries using this currency | Liechtenstein, Switzerland |
Introduced in 1850, the Swiss Franc (CHF) serves as the official currency of Switzerland, Liechtenstein, and the Italian exclave of Campione d'Italia, making it the only remaining Franc in Europe. The Swiss National Bank (SNB), which acts as the central bank of Switzerland, is responsible for issuing the Swiss Franc currency banknotes..
These notes are available in six denominations: 10 francs, 20 francs, 50 francs, 100 francs, 200 francs and 1,000 francs. CHF is broken down into 100 subunits, with the hundredth of the Swiss Franc known as Rappen (Rp.) in German, centime (c.) in French, centesimo (ct.) in Italian, and rap (rp.) in Romansh. The Swiss currency coins are issued by the federal mint, known as Swissmint. These are available in seven denominations: 5 centimes, 10 centimes, 20 centimes, ½ franc, 1 franc, 2 francs, 5 francs.
Ranked as the seventh most traded currency in the world, the Switzerland currency has gained its popularity due to its status as a safe-haven currency. As a result, many governments and financial institutions hold CHF as a hedge against instability across various types of investments and markets.
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Since Switzerland is not a part of the EU, the national currency of this country is Swiss Franc (CHF).
Switzerland, Liechtenstein, and Campione d’ Italia are the three countries that use the CHF currency.
CHF is the short form for the Swiss Franc, which is the official currency in Switzerland.
The currency of Switzerland is symbolized as either CHF, SFr, or Fr.
Yes, the Swiss Franc (CHF) is generally higher than the USD (US Dollar) in terms of strength and value.
Yes, CHF is one of the strongest currencies in the world. No other currency has been able to retain its value so well since the time the First World War happened.
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