1 thought on “What is the name of Swiss currency”

  1. Switzerland is called Swiss franc. It is the legal currency of Switzerland and Liechtenstein, issued by the central bank of Switzerland. Swiss franc is hard currency. Most of the neighbors in Switzerland use the euro. There are also stores and institutions in Switzerland. From January 15, 2015, Swiss francs have decoupled from the euro. The distribution of banknotes of Swiss francs at 1000, 200, 100, 50, 20, and 10. Currency code: Swiss franc. The name and unit of the Swiss Federal Standard Currency. The secondary monetary unit is La Peng/ %, and 1 Swiss franc is equal to 100 Sheng Ding. The denominations of circulating banknotes are 10, 20, 50, 100, 200, and 1,000 Swiss franc; the denominations of these coins are 5, 10, 20 cubic and 1/2, 1, 2, and 5 Swiss francs.
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    1, hard currency is the symmetrical of "soft goods", also known as coin. It has three meanings: generally refers to metal currency, such as gold, silver and its coins. It refers to currency with good international credit, stable currency value, and strong exchange rate. In today's world, due to the differences in economic and technological level and macroeconomic policy orientation, there are often differences in inflation levels in various countries, and there are large differences in international revenue and expenditure and foreign exchange control. When the inflation rate of a country is low and the international revenue and expenditure surplus, its currency value is relatively stable and the exchange rate is strong. In the international financial market, it is used to call the country's currency "hard currency (currency)" or "strong currency". It refers to some currencies that are not controlled by foreign exchange controls in the international financial market that can be freely exchanged for currencies of gold and other countries after World War II, such as US dollars, pounds, and Germany Mark. In addition, currencies with relatively strong exchange rates in the international financial market are also called hard currency. The characteristics of hard currency are: free exports can be freely exported by the foreign exchange management department, you can freely exchange gold or currency of other countries, and you can pay to the third country. Therefore, these hard currency can be used as international currencies, accounting for a large proportion of international reserves in various countries. Due to the strong convertibility of hard currency, it is generally accepted, and the exchange rate is relatively stable, so countries are willing to export a large number of goods to countries paying for hard currency.
    2. The monetary system is a system formed by the state's regulations on monetary elements and the management of currency circulation organizations. The perfect currency system can ensure the stability of currency and currency circulation, and to ensure the normal operation of the currency. Depending on the scope of the currency system, the monetary system includes the national monetary system, the international currency system, and the regional monetary system; depending on the monetary characteristics, the monetary system is divided into a metal monetary system and an unsubstant credit currency system. The currency system is the general term of the rules, structure and organizational system stipulated by national laws. The currency system has gradually formed and developed with the development of the commodity economy, and a more standardized system has been formed in modern times.

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