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CHF Exchange Rate Calculator
Exchange rates calculator, this free to use calculator gives up-to-date exchange rates for the Swiss Franc (CHF) against most of the worlds major currencies. Get live exchange rates and keep up-to-date with the latest currency conversions.
About the Swiss Franc (CHF):
The Swiss franc is the official currency of Switzerland, Liechtenstein and Italian region of Campione d'Italia. It is also widely used in the German region of Busingen. It is currently the fifth-most used form of reserve currency. While there were once several instances of the franc issued by the countries, the Swiss franc is the only remaining version that is legal tender in Europe. The Swiss franc is subdivided into 100 centimes. The origin of the Swiss franc dates back to 1798 when the Helvetic Republic made efforts to standardize the 25 different monetary systems used in the country. In 1865, Switzerland became one of the countries of the Latin Monetary Union, along with Belgium, France, and Italy. This established a silver standard for the franc. In the 20th century, the Swiss franc became pegged to the U.S. dollar and backed by a minimum of 40 percent in gold reserves. The gold reserve requirement was terminated in 2000.
Coins in Switzerland are issued by the Swissmint and are available in denominations of 5 centimes, 10 centimes, 20 centimes, 50 centimes, 1 franc, 2 francs, and 5 francs. Because Switzerland is host to four major languages, only Latin is used on its coins. Banknotes are issued by the Swiss National Bank and are available in denominations of 10 francs, 20 francs, 50 francs, 100 francs, 200 francs, and 1000 francs. The total value of all coins and banknotes issued by Switzerland is 49.66 billion Swiss francs. The Swiss franc is considered a stable currency.
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