INFORMATION ABOUT SWISS FRANC
We show the updated today’s value/price of Swiss franc (CHF).You can get the exchange from Swiss franc to another currency by introducing the value or amount of Swiss franc (CHF) in the box and clicking the convert button. This way you can get the Swiss franc’s price in relation to other currencies.
INTRODUCTION TO THE SWISS FRANC
The franc was created as a currency of Switzerland in 1850, replacing the different currencies of Swiss cantons. The Swiss franc is one of the more stable currencies of the world and the Swiss exchange and capital market is highlighted worldwide. It is used by approximately 7 million eight hundred thousand people. You can check the today value of Swiss franc and check its price.
The Swiss franc (CHF) has been historically considered as a secure currency with a virtual inflation of cero and a legal requirement in which it can be supported at least 40% of foreign currencies. In 2011, given the strong demand of Swiss franc as a refuge value because of the financial crisis, the Swiss National Bank decided to restrict the franc’s exchange rate (CHF) against the euro (EUR).
The Swiss National Bank is an organization founded in 1907, in charge of conduct monetary policy of its country. Its goal is also ensure the prices stability while taking into account the economic situation.
Countries that used the currency: Switzerland, Liechtenstein. The Italian enclaves of Campione d’Italia, the German enclaves of Büsingen am Hochrtein were it circulates along with the euro (EUR).
Name: SWISS FRANC
Symbol: Fr., SFr.
Bills: 10, 20, 50, 100, 200, 1000 Fr.
Coins: cents = 1/100; 1, 5, 10, 20 cents. ½, 1, 2, 5 Fr.
Issuing Agent: Swiss National Bank Web: http://www.snb.ch/fr/