Convert Swiss Franc to New Zealand Dollar
Please provide values below to convert Swiss Franc [CHF] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Swiss Franc.
How to Convert Swiss Franc to New Zealand Dollar
1 CHF = 0.476273217495506 NZD
Example: convert 15 CHF to NZD:
15 CHF = 15 × 0.476273217495506 NZD = 7.1440982624326 NZD
Swiss Franc to New Zealand Dollar Conversion Table
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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.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.