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Euro – Swiss franc exchange rate from 1999. During 2011 to 2014, 1 EUR exchanged for no less than 1.2 CHF, since the Swiss central bank enforced an exchange rate to prevent CHF from "overvaluation". In the diagram, this period started on 6 September 2011 with a sharp rise and ended on 15 January 2015 with a sharp fall.
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).
SFr: Swiss franc fr.CFA: West African CFA franc The symbol ₣ , an F with a double bar, was proposed but never officially adopted as the symbol of the French franc [ 14 ] [ 15 ] In some fonts, this code point is represented by Fr combined in a typographic ligature ).
The coins of the Swiss franc are the official coins used in Switzerland and Liechtenstein. The name of the subunit is centime in French and internationally, [1] Rappen in German, centesimo in Italian, and rap in Romansh. [2] There are coins in denominations of 5 centimes, 10 centimes, 20 centimes, 1 ⁄ 2 franc (50 centimes), 1 franc, 2 francs ...
Currency quotations use the abbreviations for currencies that are prescribed by the International Organization for Standardization (ISO) in standard ISO 4217.The major currencies and their designation in the foreign exchange market are the US dollar (USD), Euro (EUR), Japanese yen (JPY), British pound (GBP), Australian dollar (AUD), Canadian dollar (CAD), and the Swiss franc (CHF).
2.4 Swiss franc as legal tender. 3 Currency board. Toggle Currency board subsection. 3.1 US dollar as exchange rate anchor. ... Euro (28) Composite (8) Other (9)
The euro is the result of the European Union's project for economic and monetary union that came fully into being on 1 January 2002 ... Swiss franc is issued by ...
The Swiss franc, despite gaining ground among the world's foreign-currency reserves [44] and being often used in denominating foreign loans, [45] cannot be considered as a world reserve currency, since the share of all foreign exchange reserves held in Swiss francs has historically been well below 0.5%.