Convert Swiss Franc to Philippine Peso
Please provide values below to convert Swiss Franc [CHF] to Philippine Peso [PHP], or Convert Philippine Peso to Swiss Franc.
How to Convert Swiss Franc to Philippine Peso
1 CHF = 0.0139597452157711 PHP
Example: convert 15 CHF to PHP:
15 CHF = 15 × 0.0139597452157711 PHP = 0.209396178236566 PHP
Swiss Franc to Philippine Peso Conversion Table
| Swiss Franc | Philippine Peso |
|---|
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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.