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What is CHF?

Swiss Franc - CHF.

What is CHF? It's Swiss franc, Fr.

Swiss franc

The Swiss Franc is the official currency of both Switzerland and Liechtenstein, CHF legal tender in both of these countries and Campione d'Italia. The CHF is the sixth most traded currency and is the fifth most widely held reserve currency in the world. While there is no official symbol for the franc, the official accounting abbreviation is "Fr" or "SFr". The "CH" in the currency code references the Latin term Confoederatio Helvetica which can be translated as Swiss Confederation, denoting the structure of Switzerland as a confederation of 26 different states or cantons. 1 Swiss Franc is subdivided into 100 Rappen (German), centime (French), centesimo (Italian), and rap (Romansh). According to the Merrypenny currency calculator, the most converted currency pair is swiss franc to euro

Currency fact sheet

Swiss franc fact sheet.
Name Swiss franc
ISO 4217 code CHF
Sign Fr
Symbol Fr SFr CHF
Coin 5 10 20 rappen, ½ 1 2 5 francs
Banknote 10, 20, 50, 100, 200, 1,000 francs
Central bank Swiss National Bank
Nickname Swiss German: Stutz (1 CHF coin), 2-Fränkler (2 CHF coin), 5-Liiber (5 CHF coin), French: balle(s) (≥1 CHF) thune (=5 CHF).

More about...

More about the Swiss money - franc.

Swiss money is the sixth most traded currency in international currency markets and it remains the fifth largest world reserve currency. The Swiss frank is under the monetary policy directives of the Swiss National Bank which has an interpreted mandate of price stability. Once thought of as a safe haven currency the Swiss currency experienced a de facto devaluation in 2011 as the worldwide rush toward safety threatened the underlying Swiss economy.

The Swiss franc is known as a "hard currency". The franc holds this reputation as, until May 2000 fiscal laws required a 40 per cent gold cover for currency in circulation. This enabled the currency to remain very stable, thus making Swiss banks more attractive to international investors.

Prior to the Helvetic Republic, over 860 different coins circulated in Switzerland. In 1798, the Franc currency was introduced and used until 1803 along with a number of foreign currencies. During this time, there was a complex currency system comprising over 8,000 different coins and banknotes in circulation. Under the Federal Coinage Act, all currencies were replaced by the Swiss Franc, which was introduced at par with the French Franc in 1850. Switzerland adopted the gold standard in 1865 as a member of the Latin Monetary Union, legally maintaining it until 2000.

Swiss banknotes also feature the four national languages of Switzerland: German, Romansh, French, and Italian.

Swiss franc.

Swiss franc is the only version of franc still issued in Europe.

Swiss 20 franc gold coin.

The Swiss 20 franc bullion coin was minted from 1897 to 1935, and again in 1947 and 1949. It is one of the most popular European gold coins produced before 1933. It is often referred to as the Helvetia after the name by which Switzerland was known in Roman times.

Exchange rates

What is the Swiss franc rate today?

Swiss National Bank

Different from all other major central banks, the Swiss National Bank is viewed as a governing body with private and public ownership. This belief stems from the fact that the Swiss National Bank is technically a corporation under special regulation. As a result, a little over half of the governing body is owned by the sovereign states of Switzerland. It is this arrangement that emphasizes the economic and financial stability policies dictated by the governing board of the Bank of Switzerland. Smaller than most governing bodies, monetary policy decisions are created by three major bank heads who meet on a quarterly basis. Among other duties the Schweizer Bank also is issuer of the Swiss franc interest rates.

Converters and rates

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What is CHF? It is the official currency of Switzerland, Liechtenstein and Campione d'Italia. Check out yourself: schweizer franken.

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