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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.
Since 2004 the pure nickel 10 centime coins of the years 1932-1939 and 20 centime coins of the years 1881–1938 have been withdrawn from circulation because machines cannot detect them. Today, all the coins except the current 5 centime coin (aluminium-bronze since 1981) are in a copper-nickel (cupronickel) alloy. Seven coins are currently in ...
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 25 countries); any country entering the European Union (EU) is expected to join the eurozone [ 1 ] when they meet the five convergence criteria. [ 2 ]
In 1865, France, Belgium, Switzerland and Italy created the Latin Monetary Union (to be joined by Spain and Greece in 1868): each would possess a national currency unit (franc, lira, peseta, drachma) worth 4.5 g of silver or 0.290 322 g of gold (fine), all freely exchangeable at a rate of 1:1. In the 1870s the gold value was made the fixed ...
The threat of being named a currency manipulator by the U.S. Treasury may be an embarrassment for Switzerland, but even if the country does get the tag, it likely will have little effect on the ...
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 ...
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