Convert Swiss Franc to Canadian Dollar
Please provide values below to convert Swiss Franc [CHF] to Canadian Dollar [CAD], or Convert Canadian Dollar to Swiss Franc.
How to Convert Swiss Franc to Canadian Dollar
1 CHF = 0.583412844036697 CAD
Example: convert 15 CHF to CAD:
15 CHF = 15 × 0.583412844036697 CAD = 8.75119266055046 CAD
Swiss Franc to Canadian Dollar Conversion Table
Swiss Franc | Canadian Dollar |
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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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.