Franc currencies around the world
1st March 2023
The origins of the term Franc, unsurprisingly, date back to medieval France. The Franc was historically used as a term to denote various monetary amounts in
Currency Profile
The Swiss Franc is the official currency of both Switzerland and Liechtenstein.
It is also one of the four major currencies used in the European Union. (The others being the Euro, the Swedish Krona and the Danish Krone.)
The Swiss franc was first introduced in 1850 as part of the Swiss Federal Constitution. It replaced a variety of local coins and notes that were in circulation at the time. The franc was initially pegged to gold, but this peg was abandoned during World War I.
The currency is known for its stability and is considered a safe haven currency in times of economic turmoil, much like Switzerland in general.
The Swiss franc is one of the top ten most traded currencies in the world. Most days hundreds of billions worth are traded.
The Swiss Franc is also one of the most expensive currencies, often ranking alongside or above the Euro and US Dollar.
The origins of the term Franc, unsurprisingly, date back to medieval France. The Franc was historically used as a term to denote various monetary amounts in
On a daily basis a currency’s value will change against another. When looking at their relative strength, it’s common to compare them against one of the
The European Union hasn’t finished expanding, there are actually several countries who are in the process of joining right now! Any country who joins is
