CRC to CHF

CRC - Costa Rican Colón ()
CHF - Swiss Franc (CHF)
1 CRC1 CHF

Currency conversion rates from CRC to CHF

CRCCHF
1 CRC1 CHF
5 CRC5 CHF
10 CRC10 CHF
20 CRC20 CHF
50 CRC50 CHF
100 CRC100 CHF
250 CRC250 CHF
500 CRC500 CHF
1000 CRC1000 CHF
2000 CRC2000 CHF
5000 CRC5000 CHF
10000 CRC10000 CHF
CHFCRC
1 CHF1 CRC
5 CHF5 CRC
10 CHF10 CRC
20 CHF20 CRC
50 CHF50 CRC
100 CHF100 CRC
250 CHF250 CRC
500 CHF500 CRC
1000 CHF1000 CRC
2000 CHF2000 CRC
5000 CHF5000 CRC
10000 CHF10000 CRC

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.)


CRC - Costa Rican Colón ()

Costa Rican Colón

The Costa Rican Colon (CRC) is the currency of Costa Rica. The symbol for the Colon is ₡; the currency is subdivided into 100 centimos. Many places in Costa Rica accept the US Dollar unofficially. The name of the Colon is derived from the Spanish explorer Christopher Columbus (Cristobal Colon in Spanish).

The Costa Rican Colon is the currency in Costa Rica (CR, CRI). The symbol for CRC can be written C. The Costa Rican Colon is divided into 100 centimos. The exchange rate for the Costa Rican Colon was last updated on May 24, 2019 from Yahoo Finance. The CRC conversion factor has 5 significant digits.

Economy

  • Costa Rica’s main income is from agriculture, tourism, and electronics.
  • The service industry accounts for 68% of the country’s GDP.
  • The main industries are textiles, clothing, plastic products, food processing, fertilizer, microprocessors, construction material, and medical equipment.
  • Export products are coffee, bananas, sugar, seafood, medical equipment, ornamental plants, electronics, and pineapples.
  • Import products are consumer goods, petroleum, raw as well as construction materials, and capital equipment.
  • The unemployment rate is 7.8%.
  • GDP growth is currently ~-1%.

History

  • In 1896, the Costa Rican Peso was replaced by the Costa Rican Colon.
  • In 1897, new coins were issued.
  • Between 1917 and 1919, a subunit, the centavo, was introduced at 1/100 of a Colon. The country issued 5 centavos and 10 centavos in place of centimos. During that time 50 centavo coins were minted but never distributed.
  • From 1914 to 1938, the International Bank of Costa Rica issued and distributed 5, 10, 20, 50, and 100 Colones notes. In the same period the National Bank of Costa Rica became the official bank for issuing paper money; they printed notes from 1937 to 1949.
  • During the 1950s the Central Bank of Costa Rica started issuing banknotes.
  • In 1958, the Central Bank added 1,000 colon notes to the range.
  • In 2010, Costa Rican Colon notes were replaced by a new issue.

More information about CRC - Costa Rican Colón ()