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The Swiss franc, [c] or simply the franc, [d] is the currency and legal tender of Switzerland and Liechtenstein. It is also legal tender in the Italian exclave of Campione d'Italia which is surrounded by Swiss territory. [ 12 ]
During the Swiss Mediation period (1803–1814), Swiss currency reverted to a variety of cantonal francs. In the Restored Confederacy , from 1825, the western cantons (Bern, Basel, Fribourg, Solothurn, Aargau, Vaud) formed a "monetary concordate" ( Münzkonkordat ) for the unification of their currencies, producing a standardised Konkordatsbatzen .
The ninth series of the Swiss franc, currently in circulation. As of 2022, the Swiss 1000-franc banknote is the world's 2nd highest value currently-issued banknote, after the Brunei $10,000 bill (worth around 6,900 Swiss francs in 2022), followed by the Singapore $1,000 note (worth around 678 CHF) and the 500 euro note (worth around 490 CHF), was demonetised.
The Swiss franc is a major world currency today due to the prominence of Swiss financial institutions. Before the introduction of the euro in 1999, francs were also used in France, Belgium and Luxembourg, while Andorra and Monaco accepted the French franc as legal tender ( Monégasque franc ).
The Swiss National Bank (SNB; German: Schweizerische Nationalbank; French: Banque nationale suisse; Italian: Banca nazionale svizzera; Romansh: Banca naziunala svizra) is the central bank of Switzerland, responsible for the nation's monetary policy and the sole issuer of Swiss franc banknotes. The primary goal of its mandate is to ensure price ...
The local name of the currency is used in this list, with the adjectival form of the country or region. ... Swiss franc – Switzerland, Liechtenstein;
The Frank was the currency of the Helvetian Republic from 1798, replacing the Thaler in St. Gallen. The Helvetian Republic ceased issuing coins in 1803. St. Gallen issued coins between 1807 and 1817. In 1850, the Swiss franc was introduced, with 1 St. Gallen Frank = 1.4597 Swiss francs.
The Swiss 5-Rappen coin The Swiss 1-Rappen coin has not been valid since 2007. Rappenpfennig from Freiburg im Breisgau, ca. 1290. A Rappen (pl. Rappen) originally was a variant of the medieval Pfennig ("penny") coin common to the Alemannic German regions of Alsace, northern Switzerland and south-western Germany.