Swiss franc

From Academic Kids

The Swiss franc (ISO 4217: CHF or 756) is the currency of Switzerland and Liechtenstein. It is issued by the central bank of Switzerland, the Swiss National Bank.

The Swiss franc is the only currency named franc still issued in Europe. Its name in the four official languages of Switzerland: Franken (German), franc (French and Rhaeto-Romanic), and franco (Italian). The smaller denomination, which is worth a hundredth of a franc, is called Rappen in German, centime in French, centesimo in Italian and rap in Rhaeto-Romanic.

As of January 1, 2005, the Swiss franc was worth US$ 0.858101 or 0.646289. However, even though the currency in international trading markets is worth in the range of 80 to 90 U.S. cents, it has surprisingly little actual purchasing power; items tend to cost about twice what they would in the United States (or Canada, whose dollar is worth about the same as the Swiss currency).

1 Swiss franc 1983 obverse 1 Swiss franc 1983 reverse

Coins in circulation are:

  • 1 centime (no longer in use)
  • 2 centimes (no longer in use)
  • 5 centimes (a debate on its use will be held in 2007)
  • 10 centimes
  • 20 centimes
  • 50 centimes
  • 1 franc
  • 2 francs
  • 5 francs

Banknotes in circulation are:

  • 10 francs
  • 20 francs
  • 50 francs
  • 100 francs
  • 200 francs
  • 500 francs (replaced in 1997 by 200 francs notes, recalled in 2000, valueless in 2020)
  • 1000 francs

The current (8th, 1995) series of banknotes by Jrg Zintzmeyer depict:

The previous series (6th, 1976) by Ernst and Ursula Hiestand showed:

See franc for other currencies with the same name.

External links

Template:EuropeanCurrencies

de:Schweizer Franken el:Ελβετικό Φράγκο fr:Franc suisse it:Franco svizzero nl:Zwitserse frank pl:Frank szwajcarski sl:švicarski_frank zh:瑞士法郎

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