Swiss Franc (CHF)
What the Swiss Franc is, who issues it, and where it's used, with a live converter preset to CHF.
Swiss Franc (CHF)
- ISO code
- CHF
- Symbol
- Fr. (CHF)
- Subunit
- 100 centimes (Rappen in German)
- Issued by
- Swiss National Bank
- Exchange rate regime
- Free-floating, with occasional central bank intervention
The Swiss franc is one of the classic safe-haven currencies, thanks to Switzerland's political stability, low inflation, and large financial sector. During periods of market turmoil investors tend to buy francs, which pushes its value up, sometimes more than Swiss exporters would like.
That pressure led the Swiss National Bank to set a minimum exchange rate of 1.20 francs per euro in 2011. When it abruptly scrapped that floor in January 2015, the franc jumped by roughly 20 percent against the euro within minutes, one of the most dramatic single-day moves ever seen in a major currency. The code CHF comes from the Latin name Confoederatio Helvetica.
Where it's used
- Switzerland
- Liechtenstein
Convert CHF
| CHF | USD |
|---|---|
| 1 CHF | - |
| 5 CHF | - |
| 10 CHF | - |
| 25 CHF | - |
| 50 CHF | - |
| 100 CHF | - |
| 250 CHF | - |
| 500 CHF | - |
| 1,000 CHF | - |
| 5,000 CHF | - |
| 10,000 CHF | - |
| USD | CHF |
|---|---|
| 1 USD | - |
| 5 USD | - |
| 10 USD | - |
| 25 USD | - |
| 50 USD | - |
| 100 USD | - |
| 250 USD | - |
| 500 USD | - |
| 1,000 USD | - |
| 5,000 USD | - |
| 10,000 USD | - |
Calculated from the same live mid-market rate as the converter above. Your bank or card will usually quote a slightly worse rate plus any fees.