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The Swiss franc is the currency and legal tender of Switzerland and Liechtenstein and also legal tender in the Italian exclave of Campione d'Italia. Although not formally legal tender in the German exclave of Büsingen am Hochrhein (the sole legal currency is the euro), it is in wide daily use there; with many prices quoted in Swiss francs.
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.
During the Swiss Mediation period (1803–1814), Swiss currency reverted to a variety of cantonal francs. In the Restored Confederacy , from 1825, the western cantons (Bern, Basel, Fribourg, Solothurn, Aargau, Vaud) formed a "monetary concordate" ( Münzkonkordat ) for the unification of their currencies, producing a standardised Konkordatsbatzen .
The SNB and Swiss regulator Finma declined to comment when asked by Reuters about the impact of carry trades on the Swiss currency. As stock markets tumbled in early August, the Swiss franc jumped ...
Switzerland's central bank launched a new 1,000 Swiss franc (759.4 pounds) note on Tuesday, saying one of the world's most valuable banknotes catered to the popularity of cash in Swiss culture and ...
Another asset with safe-haven status is the Swiss franc, accessible for ETF investors via the Invesco CurrencyShares Swiss Franc Trust (FXF) . “The currency fell for a second day Wednesday after ...
All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here. In Europe, the most commonly used currency is the euro (used by 26 countries); any country entering the European Union (EU) is expected to join the eurozone [ 1 ] when they meet the five convergence criteria. [ 2 ]
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).