Conversion from CHF to euros
If you are planning to go on vacation to Switzerland, unlike in many other European countries, you will have to change your money. Before doing this, it is worth taking a look at the exchange rates for converting CHF into euros.
General information about the CHF
The Swiss franc is the currency of Switzerland. She was already on 7. Introduced in the nation May 1850. 100 cents are one Swiss franc.
- From 1945 to 1973, the currency was linked directly to the US dollar. For one dollar you got a little over 4 francs and 30 cents.
- the Coins are available in the versions 5 cents, 10 cents, 20 cents, 50 cents, 1 franc, 2 francs up to 5 francs, banknotes are available in denominations of 10, 20, 50, 100, 200 and 1000.
- A special feature of the Swiss banknotes is that their motifs are printed vertically on the notes.
Conversion of the currency into euros
Many experts consider the CHF to be a stable currency because it is Swiss Banks like to be used for financial transactions of all kinds and the nation has an independent, solid political position.
The Swiss franc is the highly regarded currency of the Swiss Confederation. A …
- In order to prevent the Swiss franc from being overvalued and deflation, the Swiss National Bank met in September 2011 an important decision: From now on, one euro should be worth at least 1.20 Swiss francs obtain. If necessary, one would buy foreign currency without any restrictions in order to achieve the goal.
- For you this means: If you go on holiday in Switzerland, you will receive at least 1.20 CHF per euro - ignoring any fees that may arise.
- Conversely, when you leave the country you can be sure that you will never receive more than 83 cents per CHF.
- If you want to calculate the exact course, you can do this with one Currency converter to use. Not only can you see the current rate, you can also convert rates from previous days. Simply enter the desired amount and decide whether you want to have CHF in euros or euros in CHF.
- All banks also offer the service of providing you with the latest data.
- You can also check the exchange rate in the financial section of many newspapers.
If you want to convert from CHF to euros, there are many ways to find out the current rate. If you do not have access to one of these options, you can use the rule of thumb that you will never get less than 1.20 CHF for one euro.
