UYU to CHF
Currency conversion rates from UYU to CHF
|1 UYU||1 CHF|
|5 UYU||5 CHF|
|10 UYU||10 CHF|
|20 UYU||20 CHF|
|50 UYU||50 CHF|
|100 UYU||100 CHF|
|250 UYU||250 CHF|
|500 UYU||500 CHF|
|1000 UYU||1000 CHF|
|2000 UYU||2000 CHF|
|5000 UYU||5000 CHF|
|10000 UYU||10000 CHF|
|1 CHF||1 UYU|
|5 CHF||5 UYU|
|10 CHF||10 UYU|
|20 CHF||20 UYU|
|50 CHF||50 UYU|
|100 CHF||100 UYU|
|250 CHF||250 UYU|
|500 CHF||500 UYU|
|1000 CHF||1000 UYU|
|2000 CHF||2000 UYU|
|5000 CHF||5000 UYU|
|10000 CHF||10000 UYU|
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.
UYU - Uruguayan Peso ($U)
The Uruguayan Peso is the official currency of Uruguay. The name has been in use since the European settlement. The present currency was adopted in 1993 and is subdivided into 100 centésimos.
The Uruguayan peso is the currency in Uruguay (UY, URY). The symbol for UYU can be written $U. The Uruguayan peso is divided into 100 centesimos. The exchange rate for the Uruguayan peso was last updated on May 22, 2019 from The International Monetary Fund. The UYU conversion factor has 6 significant digits.
- The economy of Uruguay is characterized by an export-oriented agricultural sector, a well-educated work force, and high levels of social spending.
- In 1603, cattle were introduced in Uruguay before its independence by Hernando Arias de Saveedra, the Spanish Governor of Buenos Aires. In 2006, beef accounted for about 37% of Uruguayan exports.
- Wool is a traditional product exported mainly to America, followed by the UK and India.
- Conaprole, the National Cooperative of Milk Producers, was the main exporter of dairy products in Latin America in 2006.
- Fine varieties of rice are produced in the eastern lowlands, close to Merin lake on the Uruguay-Brazil border.
- In 1828, Uruguay's currency was based on the silver Peso of eight reales, commonly known as the Patacon, and the gold onza de oro, valued at 16 pesos silver. A large quantity of debased copper coin also circulated.
- In October, 1828, lacking the means to implement a national coinage, Gen. Jose Rondeau’s provisional government permitted foreign silver and gold coin to circulate freely at their intrinsic value, but restricted and later (1829) prohibited the importing of copper coins and the circulation of Buenos Aires banknotes.
- A key characteristic of the currency is its instability, which increased in the spring of 2002.
- Uruguayans have become accustomed to the constant devaluation and instability of their currency, and have developed a fitting lingo – calling periods of Dollar appreciation atraso cambiario ("the exchange rate is running late").