CHW to CHF

CHW - WIR Franc (CHW)
CHF - Swiss Franc (CHF)
1 CHW1 CHF

Currency conversion rates from CHW to CHF

CHWCHF
1 CHW1 CHF
5 CHW5 CHF
10 CHW10 CHF
20 CHW20 CHF
50 CHW50 CHF
100 CHW100 CHF
250 CHW250 CHF
500 CHW500 CHF
1000 CHW1000 CHF
2000 CHW2000 CHF
5000 CHW5000 CHF
10000 CHW10000 CHF
CHFCHW
1 CHF1 CHW
5 CHF5 CHW
10 CHF10 CHW
20 CHF20 CHW
50 CHF50 CHW
100 CHF100 CHW
250 CHF250 CHW
500 CHF500 CHW
1000 CHF1000 CHW
2000 CHF2000 CHW
5000 CHF5000 CHW
10000 CHF10000 CHW

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.

Economy

  • 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.

History

  • 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.

More information about CHF - Swiss Franc (SFr.)


CHW - ()

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