USD/CHF (CHF)
This page contains the current value of the US dollar against the Swiss franc. To online monitor the dynamics of exchange rate, a graph on the page quotations.
Dollar of the United States of America (currency sign – $, bank code: USD) – the monetary unit of the United States, one of the major reserve currencies in the world. 1 Dollar = 100 cents. The right to the issue of money has the Federal Reserve System (Eng. Federal Reserve System), performed in the US as the central bank.
The US dollar also has the status of the national currency, in some other countries (eg, Marshall Islands, El Salvador).
Swiss Franc (bank code: CHF) is the currency and legal tender of Switzerland and Liechtenstein. Banknotes francs issued by the central bank of Switzerland (Swiss National Bank).
The Swiss franc is traditionally refers to the currencies of tax havens or offshore areas, with zero inflation and legislatively fixed foreign exchange reserves at a level of at least 40%. However, this binding to gold, introduced in 1920, was abolished by 1 May 2000 in connection with the amendments to the Swiss Constitution. The devaluation of the Swiss franc has been fixed only September 27, 1936 and was caused by the Great Depression, when the franc has depreciated by 30% following the devaluation of the pound sterling, US dollar and French franc.
