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About the Swiss Franc (CHF)
💰 A Brief History
The Swiss Franc (CHF) has been the official currency of Switzerland and Liechtenstein since 1850, when it replaced the various regional coins in use across the Swiss cantons.
The abbreviation CHF stands for Confoederatio Helvetica Franc, referencing Switzerland’s Latin name to maintain neutrality between its four national languages: German, French, Italian, and Romansh.
🏦 The Role of the Swiss National Bank
The Swiss National Bank (SNB) is responsible for issuing banknotes and managing Switzerland’s monetary policy. Known for its independence and conservative financial management, the SNB aims to maintain low inflation and currency stability.
The Swiss Franc is considered one of the most reliable and stable currencies in the world and is often sought after in times of global financial uncertainty.
💵 Swiss Banknotes & Coins
Swiss Francs are divided into 100 centimes (French), Rappen (German), centesimi (Italian), or raps (Romansh) — depending on the language region.
Coins: CHF 0.05, 0.10, 0.20, 0.50, 1, 2, and 5
Banknotes: CHF 10, 20, 50, 100, 200, and 1,000
Swiss banknotes are known for their vibrant colors, modern design, and focus on art, science, and Swiss culture rather than political or military figures.
Fun fact: The CHF 1,000 note is one of the highest-value banknotes in the world that is still in regular use.
🌍 CHF in the Global Market
The Swiss Franc is widely regarded as a “safe haven” currency due to Switzerland’s political neutrality, strong economy, and low debt levels.
It’s one of the top 10 most traded currencies globally and is often used by investors to hedge against inflation and market volatility.
Switzerland’s tight control over inflation and strong financial sector have made the CHF a symbol of financial security and strength.
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