Convert Swiss Franc to Dominican Peso
Please provide values below to convert Swiss Franc [CHF] to Dominican Peso [DOP], or Convert Dominican Peso to Swiss Franc.
How to Convert Swiss Franc to Dominican Peso
1 CHF = 0.0131712813375089 DOP
Example: convert 15 CHF to DOP:
15 CHF = 15 × 0.0131712813375089 DOP = 0.197569220062634 DOP
Swiss Franc to Dominican Peso Conversion Table
| Swiss Franc | Dominican Peso |
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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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.