Countries that use the Swiss Franc
The Swiss Franc was established in 1850 as an official national currency and is used only in Liechtenstein and in Switzerland. 1 Franken is devided into 100 Rappen.
1.00 Swiss Franc = 1.00 US Dollar
Exchange rate history 1 CHF in USD
Swiss Franc as currency
Currency reserves for the Swiss Franc
According to the International Monetary Fund, the total broad money (M3) amounted to CHF 1,252.06 billion at the end of 2016 (data only for Switzerland). For currency hedging, reserves were held in a total amount of 668.89 billion Francs. This corresponds to a ratio of 1:1.9. Or in other words: 1 of 2 Francs is deposited with a countervalue, which is internationally already above average.
Approximately 37.7 billion Francs (5.6%) of the currency reserves exist in gold reserves, the remainder consists of foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions.Worldwide currency and gold reserves
All information without guarantee.