DEFINITION of 'CHF (Swiss Franc)'
The currency abbreviation for the Swiss franc (CHF), the currency for Switzerland. Switzerland has four official languages; therefore, the currency is known as;
|Language||Currency Name||Sub-unit 1/100|
|German||Schweizer Franken||Rappen (Rp.)|
|French||Franc Suisse||Centime (c.)|
|Italian||Franco Svizzero||Centesimo (ct.)|
|Romanish||Franc Svizzer||Rap (rp.)|
The Swiss franc is often presented with the symbol CHF, Fr., SFr. It is one of the most traded currencies in the world
INVESTOPEDIA EXPLAINS 'CHF (Swiss Franc)'
The swiss franc was officially recognized as Switzerland's currency in May of 1850. It replaced several currencies issued by the different states of the federal states of Switzerland, known as the cantons of Switzerland. This was done by the Swiss federal government in order to simplify the complex monetary system. The abbreviation "CHF" is derived from the Latin name of the country, "Confoederatio Helvetica".
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