CHF to SZL
Currency conversion rates from CHF to SZL
|1 CHF||1 SZL|
|5 CHF||5 SZL|
|10 CHF||10 SZL|
|20 CHF||20 SZL|
|50 CHF||50 SZL|
|100 CHF||100 SZL|
|250 CHF||250 SZL|
|500 CHF||500 SZL|
|1000 CHF||1000 SZL|
|2000 CHF||2000 SZL|
|5000 CHF||5000 SZL|
|10000 CHF||10000 SZL|
|1 SZL||1 CHF|
|5 SZL||5 CHF|
|10 SZL||10 CHF|
|20 SZL||20 CHF|
|50 SZL||50 CHF|
|100 SZL||100 CHF|
|250 SZL||250 CHF|
|500 SZL||500 CHF|
|1000 SZL||1000 CHF|
|2000 SZL||2000 CHF|
|5000 SZL||5000 CHF|
|10000 SZL||10000 CHF|
CHF - Swiss Franc (SFr.)
The Swiss franc is the currency of Switzerland. The most popular Swiss franc exchange is with the euro. The franc is represented by the sign ‘Fr’ or ‘SFr’ or ‘FS’, and its currency code is CHF. The Swiss franc is fiat currency, and its conversion factor has 6 significant digits. The Swiss franc is called franken in German, the franc in French and Romansh, and the franco in Italian.
The official currency of Switzerland is the Swiss Franc (CHF). The Swiss Franc is the only Franc still issued in the European countries. The Franc is subdivided into 100 centimes. The symbol used for the Franc is Fr. Banknotes are issued by the Swiss National Bank and coins are issued by the Swiss Mint.
The Swiss Franc is the currency in Switzerland (CH, CHE), and Liechtenstein (LI, LIE). The symbol for CHF can be written SwF, and SFr. The Swiss Franc is divided into 100 rappen (centimes). The exchange rate for the Swiss Franc was last updated on Today from The International Monetary Fund. The CHF conversion factor has 6 significant digits.
- Switzerland’s economy is seen as a safe haven and is rated as the safest economy in the world.
- The economy is dependent on foreign investments.
- The unemployment rate is estimated at 3%.
- The main industries are watches, chemicals, textiles, machinery, and precision instruments.
- Export products are agricultural products, metals, chemicals, watches, and machinery.
- Import products are vehicles, metals, textiles, machinery, and agricultural products.
- Switzerland’s tourism infrastructure is highly developed.
- Approximately 28% of all offshore funds are banked in Switzerland.
- The country is neutral and is not part of the European Union.
- In 1848, Switzerland declared that the Federal Government of Switzerland will be the official issuer of the Swiss Franc.
- In 1850, the first Swiss Franc was introduced; it was on par with the French Franc.
- In 1865, Switzerland became part of the Latin Monetary Union, which consisted of France, Italy, Switzerland, and Belgium.
- Switzerland decided to become part of the Brent Wood System in 1945. The Franc was pegged to the US Dollar at 4.375 Francs = 1 USD.
- From 2003 to 2006, the Swiss Franc was stable against the Euro.
- In 2008, the Swiss Franc was valued higher than the USD.
- In 2010, the 9th series of Francs was introduced.
- In 2011, the European Union stated that the “Franc is a threat to the economy” and this caused the Franc to plunge.
SZL - Swazi Lilangeni (SZL)
The Swaziland Lilangeni is the official currency of Swaziland and is subdivided into 100 cents. The Lilageni is produced by the Central Bank of Swaziland. In 1974, coins of 1, 2, 5, 10, 20 and 50 cents and 1 Lilangeni were issued; the 1 and 2 cent coins were struck in bronze and the others in cupro-nickel.
The Swazi Lilangeni is the currency in Swaziland (SZ, SWZ). The symbol for SZL can be written L, and E. The Swazi Lilangeni is divided into 100 cents. The exchange rate for the Swazi Lilangeni was last updated on May 24, 2019 from Yahoo Finance. The SZL conversion factor has 5 significant digits.
- After growing by 3% from 2004 to 2008, the economy in the Swaziland slipped significantly in 2009, primarily due to the effect of the global economic downturn on export-oriented sectors, in particular textiles and wood pulp.
- Other important factors were ongoing drought and low levels of foreign direct investment (FDI). In 2010, the economy recovered slightly due to a rebound in global demand for sugar and textiles.
- However, falling receipts from the Southern African Customs Union (SACU) coupled with lower internal revenues limited the government’s ability to implement counter-cyclical measures.
- In order to control the economic conditions of the previous year, lower interest rates were maintained, similarly to South Africa.
- The Lilangeni was introduced in 1974 to compete with the South-African rand through the Common Monetary Area, to which it remains tied at a one-to-one exchange rate.
- According to tradition, the present Swazi nation moved south before the 16th century to an area now called Mozambique.
- After a series of wars with people living in the area of modern Maputo, the Swazis settled in northern Zululand in 1750.