Swiss Franc in Seychellois Rupee

CHF Swiss Franc

Country of application:
Liechtenstein, Switzerland

Coin denominations in circulation:
5, 2 and 1 franc, as well as 50, 20, 10 and 5 rappen.

Denominations of banknotes in circulation:
1000, 200, 100, 50, 20 and 10 francs.

History reference:
The Swiss franc is the official currency of Switzerland. The history of the modern Swiss franc dates back to May 7, 1850. Until that day, the country did not have a single monetary system: 25 cantons... and half-cantons, 16 cities, and abbeys issued their own money. There were about 860 types of coins of various values and denominations in circulation. Moreover, most of the money circulation accounted for foreign money in general. The situation was changed by the constitution of 1848, in accordance with which a single national currency was introduced. Due to the flexible exchange rate, the strong development of the Swiss economy and the political stability of the country, the Swiss franc is one of the most stable currencies in the world, in high demand as a reserve. It traditionally refers to the currencies of tax havens or offshore zones, with zero inflation and legally fixed gold and foreign exchange reserves of at least 40%. However, this condition, introduced in the 1920s, was abolished on 1 May 2000 due to amendments to the Swiss Constitution. The high confidence of international investors is the reason for the upward trend in the exchange rate of the franc against most other national currencies.

SCR Seychellois Rupee

Country of application:
Seychelles

Coin denominations in circulation:
1, 5, 10, 25 cents 1, 5, 10 rupees.

Denominations of banknotes in circulation:
10, 25, 50, 100, 500 rupees.

History reference:
The Seychelles rupee has been the national currency and money of the Republic of Seychelles since 1903, when the islands became a crown colony separate from Mauritius. The Seychelles established the ...rupee as its national currency in 1914, when it was still a British colony. The country also accepted currency from its neighbor, the Mauritian rupee. The British Board of Commissioners of Monetary Affairs continued to issue notes in 1918, 1928 and 1951. In circulation there are banknotes of 10, 25, 50, 100 and 500 rupees of various years of issue. Banknotes of the previous issues of 1983 and 1989 are legal tender, but are extremely rare.