Convert Swiss Franc to Chinese Yuan
Please provide values below to convert Swiss Franc [CHF] to Chinese Yuan [CNY], or Convert Chinese Yuan to Swiss Franc.
How to Convert Swiss Franc to Chinese Yuan
1 CHF = 0.110804443886868 CNY
Example: convert 15 CHF to CNY:
15 CHF = 15 × 0.110804443886868 CNY = 1.66206665830302 CNY
Swiss Franc to Chinese Yuan Conversion Table
| Swiss Franc | Chinese Yuan |
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).