US Dollar in Swiss Franc

USD US Dollar

Country of application:
US, American Samoa, British Indian Ocean Territory, British Virgin Islands, Virgin Islands (US), Timor Leste, Haiti, Guam, Marshall Islands, Micronesia, Palau, Panama, Puerto Rico, Northern Mariana Islands, Turks and Caicos Islands, Ecuador

Coin denominations in circulation:
$ 1, 50, 25, 10, 5 and 1 cent.

Denominations of banknotes in circulation:
100, 50, 20, 10, 5, 2, 1 dollar.

History reference:
The US dollar is the countrys official currency and one of the worlds reserve currencies. The name "dollar" is secondary to the name of the European silver coin. Its appearance falls on the period an...d 1775 to 1783 (during the American Revolutionary War). Initially, dollars were only in the form of coins

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.