CHF/EUR Currency Exchange Rate & News

The Swiss franc, or simply the franc, 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. The Swiss National Bank issues banknotes and the federal mint Swissmint issues coins. It is also designated through the currency signs Fr., fr., or CHF, which stands for Confoederatio Helvetica Franc. This acronym also serves as the ISO 4217 currency code, used by banks and financial institutions. The smaller denomination, a hundredth of a franc, is a Rappen in German, centime in French, centesimo in Italian, and rap in Romansh. The official symbols Fr. and fr. are widely used by businesses and advertisers, including in English. However, according to Art. 1 SR/RS 941.101 of the federal law collection, the internationally official abbreviation – regardless of the national languages – is CHF, which is also to be used in English; respective guides also request that the ISO 4217 code be used. The use of SFr. for Swiss Franc and fr.sv. are outdated. Wikipedia

About Euro

The euro is the official currency of 20 of the 27 member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 euro cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. The euro is used by 350 million people in Europe and additionally, over 200 million people worldwide use currencies pegged to the euro. It is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. As of December 2019, with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in circulation in the world. The name euro was officially adopted on 16 December 1995 in Madrid. Wikipedia