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USD to CHF Exchange Rates
This live exchange rate calculator converts USD (United States Dollar) to CHF (Swiss Franc) using the latest exchange rates and currency exchange information from OzForex. Convert USD to CHF using this calculator to get the most up-to-date exchange rates from live currency exchange market information.
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The United States Dollar (USD):
The United States Dollar is a far-reaching currency. It is used more than any other currency in international transactions, and it is officially used in some other sovereign countries, including Ecuador, El Salvador, and East Timur. Several overseas British Territories also use the U.S. dollar as their sole form of currency, but in an unofficial capacity. Still more nations link their national currency to the U.S. dollar via a fixed exchange rate. The U.S. dollar uses a decimal system for smaller denominations. One U.S. dollar is equal to 100 cents, also called pennies. Amounts under one dollar are only issued as coins and consist of the following: nickel (5 cents), dime (10 cents), quarter (25 cents), and half-dollar (50 cents).
The Swiss Franc (CHF):
The Swiss Franc is the official currency of Switzerland, Liechtenstein and Italian region of Campione d'Italia. It is also widely used in the German region of Busingen. It is currently the fifth-most used form of reserve currency. While there were once several instances of the franc issued by the countries, the Swiss franc is the only remaining version that is legal tender in Europe. The Swiss franc is subdivided into 100 centimes. The origin of the Swiss franc dates back to 1798 when the Helvetic Republic made efforts to standardize the 25 different monetary systems used in the country. In 1865, Switzerland became one of the countries of the Latin Monetary Union, along with Belgium, France, and Italy. This established a silver standard for the franc. In the 20th century, the Swiss franc became pegged to the U.S. dollar and backed by a minimum of 40 percent in gold reserves. The gold reserve requirement was terminated in 2000.
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