Convert Swiss Franc to Uruguayan Peso
Please provide values below to convert Swiss Franc [CHF] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to Swiss Franc.
How to Convert Swiss Franc to Uruguayan Peso
1 CHF = 0.0197246147012772 UYU
Example: convert 15 CHF to UYU:
15 CHF = 15 × 0.0197246147012772 UYU = 0.295869220519158 UYU
Swiss Franc to Uruguayan Peso Conversion Table
| Swiss Franc | Uruguayan 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.
Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.