About the Swiss Franc
The Swiss Franc was introduced in 1850, replacing the various currencies of the Swiss cantons. It was established as a uniform currency for all of Switzerland.
The name 'Franc' is borrowed from the French Franc. 'CHF' stands for 'Confoederatio Helvetica Franc', where 'Confoederatio Helvetica' is the Latin name for the Swiss Confederation.
Interesting Facts
A Safe-Haven Currency
Due to Switzerland's political and economic stability, the Swiss Franc is considered a 'safe-haven' currency, attracting investors during times of global uncertainty.
Most Secure Banknotes
Swiss banknotes are renowned for being among the most secure and technologically advanced in the world, featuring numerous sophisticated security features.
The Ninth Series
The latest series of banknotes, the ninth, focuses on the theme 'The many facets of Switzerland' and features motifs of hands, a globe, and other abstract concepts rather than portraits.
Historical Timeline
The first Federal Coinage Act establishes the Franc as the Swiss currency.
Switzerland becomes a founding member of the Latin Monetary Union, pegging the Franc to the French Franc.
The Latin Monetary Union is dissolved, and the Franc becomes a standalone currency.
The SNB unexpectedly removes the Franc's peg to the Euro, causing major market turmoil.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- CHF
- Symbol
- CHF
- Numeric Code
- 756
- Subunit
- Rappen / Centime / Centesimo (1/100)
- Introduced
- 1850-05-07
Central Bank
- Name
- Swiss National Bank
- Headquarters
- Bern & Zürich, Switzerland
- Founded
- 1907
- Current Governor
- Thomas Jordan (since 2012)
Economic Data
- Reserve Currency Share
- 0.7%
- Forex Volume Share
- 5.0%
- Inflation Rate
- 1.4%
- Interest Rate
- 1.25%
Exchange Rates
Used In
What Affects the CHF Exchange Rate?
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