Euro in Swiss Franc

EUR Euro

Country of application:
European Union, Austria, Aland Islands, Andorra, Belgium, Vatican, Guadeloupe, Guiana, Germany, Greece, Ireland, Spain, Italy, Latvia, Lithuania, Luxembourg, Mayotte, Malta, Martinique, Monaco, Netherlands, Portugal, Reunion, San Marino, Saint Pierre and Miquelon, Finland, France, French Southern and Antarctic Territories

Coin denominations in circulation:
2 and 1 euro, 50, 20, 10, 5, 2 and 1 cent.

Denominations of banknotes in circulation:
500, 200, 100, 50, 20, 10 and 5 euros.

History reference:
The Euro is a world currency on a par with the US dollar. It is also a reserve currency (along with the dollar, pound sterling, Japanese yen, Chinese yuan and Swiss franc). The euro symbol, €, is the... symbol for the Greek letter epsilon. According to the standards, the sign is printed in yellow on a blue background. The sign symbolizes Europe, and two parallel lines denote reliability and stability. Sometimes a character is written with one stroke instead of two. Euro is the official currency of 19 EU countries (Germany, France, Italy, Spain, Portugal, Austria, Belgium, Netherlands, Finland, Greece, Slovenia, Slovakia, Lithuania, Latvia, Estonia, Ireland, Luxembourg, Cyprus, Malta).

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.