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The Swiss franc, [c] or simply the franc, [d] is the currency and legal tender of Switzerland and Liechtenstein. It is also legal tender in the Italian exclave of Campione d'Italia which is surrounded by Swiss territory. [ 12 ]
The 5 francs coins of 1888–1918 were also realised by Schwenzer, based on a design by Christian Bühler of Bern, but the 5 francs coin as the only Swiss coin in current use was given a complete redesign in the 20th century, first used in the 1922 batch, based on a design of an "alpine herdsman" by Paul Burkhard of Richterswil (1888–1964).
The Swiss franc is a major world currency today due to the prominence of Swiss financial institutions. Before the introduction of the euro in 1999, francs were also used in France, Belgium and Luxembourg, while Andorra and Monaco accepted the French franc as legal tender (Monégasque franc).
The Swiss franc has long been used in the popular strategy where traders borrow currencies with low interest rates then swap them into others to buy higher-yielding assets. Yen carry trades ...
The ninth series of the Swiss franc, currently in circulation. As of 2022, the Swiss 1000-franc banknote is the world's 2nd highest value currently-issued banknote, after the Brunei $10,000 bill (worth around 6,900 Swiss francs in 2022), followed by the Singapore $1,000 note (worth around 678 CHF) and the 500 euro note (worth around 490 CHF), was demonetised.
The Swiss franc (plural: francs; in German: Frank, plural: Franken) has been the currency of Liechtenstein since 1920. The Swiss franc is legal tender since Liechtenstein is in a customs and monetary union with Switzerland. The 1980 treaty between Switzerland and Liechtenstein allows Liechtenstein to mint limited amounts of Swiss francs with a ...
The Swiss franc rose around 0.4% against the euro, while the dollar index picked up by 0.25% to 106.40. Gold was last up 0.8% at $2634 per ounce. European shares extended losses, sending the ...
The current coins of the Swiss franc. Swissmint is the official mint of the Swiss Confederation. Located in the Swiss capital city Bern, it is responsible for manufacturing Swiss franc coins, both of the currency and bullion variety. Apart from making coins for the government, Swissmint also manufactures medals and commemorative coins for ...
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