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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 currencies of the Swiss cantons were converted to Swiss francs by first restating their equivalents in German kronenthaler (écu brabant) of 25 + 5 ⁄ 7 grams fine silver, and then to Swiss francs at the rate of 7 écu brabant = 40 Swiss francs. The first franc worth 1 ⁄ 4 th the French écu was converted at 1.4597 Swiss francs. [21]
Like the French franc, the Belgian and Luxembourg francs ceased to exist on 1 January 1999, when they became fixed at 1 EUR = 40.3399 BEF/LUF, thus a Belgian or Luxembourg franc was worth €0.024789. Old franc coins and notes lost their legal tender status on 28 February 2002. One Luxembourg franc was equal to one Belgian franc.
The official exchange rate with the cantonal concordate currency was seven Batzen to one franc. The first coins of the Swiss franc were minted in Paris, Brussels and Strasbourg, until the former cantonal mint of Bern was made ready to begin production as federal mint. The batch of coins produced in 1850 and 1851 was insufficient, and the ...
The SNB announced on 6 September 2011 to set a minimum exchange rate of CHF 1.20 per euro and that it would "enforce this minimum rate with the utmost determination and is prepared to buy foreign currency in unlimited quantities" [21] [22] in order to take measures to stem the development of a possible recession. The bank stated the 1.20 ...
The LMU adopted the specifications of the French gold franc, which had been introduced by Napoleon I in 1803 and was struck in denominations of 5, 10, 20, 40, 50 and 100 francs, with the 20 franc coin (6.45161 grams or 99.5636 grains of .900 fine gold struck on a 21-millimetre or 0.83-inch planchet) being the most common.
View history; Tools. Tools. move to sidebar hide. Actions Read; Edit; View history; ... In 1850, the Swiss franc was introduced, with 1 Swiss franc = 1 Geneva franc ...
From then on, Liechtenstein francs were minted only for collection purposes, since the Swiss franc had become the main currency of Liechtenstein. In 1946 Prince Franz Josef II had two denominations of coins minted, with face values of 10 francs and 20 francs; and ten years later gold coins with face values of 25 francs, 50 francs and 100 francs.