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Swiss Franc
About The Swiss Franc: The Legal Tender of Switzerland
Quick Facts About the Swiss Franc Notes
| Country of Origin | Switzerland |
| Symbol | $ |
| Currency Code | CHF |
| Nick Names | Swissie |
| Minor units | Rappen (German), centime (French), centesimo (Italian) or rap (Romansh) |
| Denominations (Banknotes) | 10, 20, 50, 100, 200 and 1000 francs |
| Motto | |
| Identification Feature | The 1000 francs notes feature the image of Jacob Burckhardt on the obverse side. |
| Issuing Bank | Swiss National Bank, Swissmint |
| In Circulation Since | May 1850 |
| INR Exchange Rate | 94.9987 |
The Swiss franc serves as the nation's primary currency and medium of trade, not only in Switzerland but also in Liechtenstein. The Swiss National Bank and the Swiss Mint are responsible for the production of banknotes and Swiss franc coins, respectively, in Switzerland. The Swiss franc symbol is SFr in addition to CHF and Fr. CHF is held by many governments and financial institutions as a protection against market and investment risk.
Banknotes denominated in Swiss francs are printed by the Swiss National Bank (SNB) and exist in the following denominations: 10, 20, 50, 100, 200, and 1,000. The Swiss franc is divisible into 100 smaller units named Rappen (Rp. ), centime (c. ), centesimo (ct. ), and rap (rp. ), each of which is the name for one-hundredth of a franc in German, French, Italian, and Romansh, respectively. 5 centimes, 10 centimes, 20 centimes, ½ franc, 1 franc, 2 franc and 5-franc coins are all minted by the Swiss federal mint, Swissmint.
The live Swiss Franc rate is INR (94.9987 ) . You can keep an eye on the real-time Swiss Franc price.
History of the Swiss Franc
The franc was established in 1798 and used until 1803 alongside other foreign currencies; by 1803 there were over 8,000 distinct types of coins and banknotes in circulation. The Swiss federal government assumed responsibility for minting legal tender in 1848.
As of 1850, the Federal Coinage Act established the Swiss franc as the country's official currency, pegged to the French franc. In 1865, Switzerland and four other countries (France, Italy, Switzerland, and Belgium) formed the Latin Monetary Union, in which they formally committed to staying on the gold standard until the year 2000.
The Swiss National Bank unexpectedly lifted its peg on the Euro and allowed the currency to float in 2015, triggering a widespread sell-off that wiped away the wealth of some individuals and companies.
Countries Accepting the Swiss Franc
Switzerland has 26 territories and 4 official languages (German, Italian, French, and Romansh). The Swiss franc is a symbol of national solidarity. The Federal Constitution of Switzerland from 1848 states that the Federal Government is the exclusive issuer of the CHF currency.
Here is a list of the countries where the Swiss Franc is used as the official currency:
- Switzerland
Liechtenstein
Amount in the Swiss Franc You Should Carry for Your Trip
The overall price of your vacation to Switzerland will be determined by a wide variety of aspects, including how lavish your accommodation is, the number of times you dine in restaurants, and the amount of time you spend travelling by public transit. During your trip, you can have everything you desire for an average daily cost of approximately Sfr90. A luxury trip might easily cost more than Sfr600 per day if you choose to indulge in activities and amenities such as private transportation, meals prepared by Michelin-starred chefs, and accommodations in five-star hotels. It is possible that the entire cost of a vacation for you and your significant other might range anywhere from Sfr200 to Sfr1,300, depending on the activities that you and your partner decide to indulge in during your time away.
The price of a room at a Swiss hotel can range anywhere from Sfr60 to Sfr300 per person per night depending on the room's amenities. Your daily transportation costs could run anywhere from Sfr15 to Sfr70, depending on whether you opt to walk, ride the bus, or hail a taxi. Your mode of transportation would have a considerable bearing on this situation.
You can check out the Swiss Franc rate today for planning your journey.
Best Ways to Identify Counterfeit Swiss Franc Notes
There are a few ways through which you can spot the counterfeit Swiss Franc notes:
Touching the note's edges will reveal distinct raised lines. The authentic 100-franc note features four sections of these raised lines for the sense of touch.
Under UV light, the globe will stand out vividly while the rest of the authentic note will appear muted in comparison.
A magnifying glass will reveal the micro lettering on the Swiss flag. There are sections with black writing on a white backdrop and others with white text on a black background.
Put the bill under ultraviolet light and you'll notice tiny specks of colour all over the bill.
Take a look at the authentic note with an infrared lens, and you'll see that its appearance shifts, with some details becoming monochromatic and others disappearing entirely.
If you hold the authentic note up to the light, you can see the Swiss cross perforations very clearly. The cross consists of squares with equal distances between them.
When you rock the real note from left to right, a violet arc sweeps across the planet. Now, turn the note around so that the globe is facing away from you; the colour will shift.
Process of Exchanging the Swiss Franc
The process of converting the Swiss Franc to Indian Rupee is immensely easy. Please note that the 1 Swiss Franc to INR value is subject to change so keep an eye on the Swiss Franc rate alert. Below, we have mentioned some of the popular ways to convert Swiss Francs to Rupees.
Internationally-Accepted Card
A multi-currency forex card is counted among the most economical and safest way of carrying the Swiss Franc.
The BookMyForex Multi-Currency card can be loaded in 14 currencies and features zero forex mark-up.
Online Forex Marketplace
The simplest and most cost-efficient way of converting your Swiss Franc is using an online forex marketplace such as BookMyForex, a platform by MakeMyTrip, offering the best conversion rates and currency exchange service. The platform offers a 5-minute fully-digital online process for currency exchange.
Visiting Your Bank
The most traditional way of converting the Swiss Franc to Rupee is by visiting a bank and standing in long queues. It is not only time-consuming but you also end up paying a high cost for making the Swiss Franc convert to Indian Rupees.
Local Money Changers
You can look for an Authorised Dealer Category II or someone who has a money changers licence. Money exchangers offer competitive Swiss Franc exchange rates, and you’d not need a bank account in this case. However, the process of rate haggling can be quite frustrating for those who are looking for an easy way to convert Swiss Franc to INR.
On the other hand,BookMyForex, the online marketplace, offers internationally-accepted forex card and currency notes at the best rates via a convenient online process.
Airport
If you would like to convert the Swiss Franc in India, one of the costliest ways to do so would be to get the Swiss Franc exchanged at an airport due to the exorbitantly high CHF exchange rates. Currency exchange at the airport will prove to be 5%-15% costlier than BookMyForex.
Exchange the Swiss Franc with BookMyForex
BookMyForex, the online forex marketplace by MakeMyTrip, makes it a hassle-free affair for you to convert the CHF to Indian Rupees as well as Indian Rupee to Swiss Franc. Please note that the 1 Swiss Franc to INR value is subject to change so keep an eye on the Swiss Franc rate alert. You should choose MakeMyTrip for currency exchange for the following reasons:
Wide Range of Products
Forex (Currency Notes) - Available in 100+ cities across India, BookMyForex allows you to get your currency notes delivered on the same day or the next day after 100% digital booking.
BookMyForex Multi-Currency - You can load this card in 14 currencies with 0% Forex Mark-up. Once you have booked this card, you can receive it the same day (if booking is made before 1 PM) or the next.
International Travel Insurance - TripMoney also offers international travel insurance at cheapest rates in the market. Also, you can opt for this product if you’d like TripMoney to handle your mandatory travel insurance requirements along with a VISA application.
Travel Loan - With TripMoney, you can avail a travel loan of up to INR 1,00,000 (lifetime limit) for all your travel and holiday needs.
Best Exchange Rates
BookMyForex makes it easy for you to buy Swiss Franc or sell Swiss Franc at live and best exchange rates.
Quick Money Transfer
You can also enjoy quick international money transfers on BookMyForex. The 5-minute digital process offers the best forex rates, and you can receive funds abroad within 12 to 48 hours.
Home Delivery
BookMyForex delivers the Swiss Francs at your doorstep. So, you can simply order and receive your currency from the comfort of your home.
Best Rates to Exchange the Swiss Franc
You’d need to keep an eye on the current currency rates, if you’d like to know the exact value you’d get on converting 1 Swiss Franc in Rupees. The exchange rates keep on fluctuating. BookMyForex, an online forex marketplace by MakeMyTrip, keeps you updated with the live currency exchange rates. You can keep up with the changing value of 1 Swiss Franc in India in real-time on the platform and get the best deal. Currently, 1 CHF is equivalent to 94.9987 INR .
Best Ways to Carry the Swiss Franc
BookMyForex allows you to convert INR to the Swiss Franc at the best exchange rates so that you can carry the Swiss Francs without any hassle. Some of the best ways to carry the Swiss Franc are mentioned below:
Currency Notes
You can buy the US Dollar notes at live and best exchange rates on BookMyForex so that you can be ready for your trip with sufficient cash in your hand.
BookMyForex Multi-Currency Card - 0% Forex Mark-Up
The Multi-Currency Forex Travel Card available on MakeMyTrip with BookMyForex as the co-branding partner comes with 0% forex mark-up over interbank rates.
How to Buy the Swiss Franc at Best Rates - Currency Notes and Cards
Whether you want to buy forex cards and currency notes or sell the Swiss Franc, MakeMyTrip makes the entire process quite easy. It doesn’t matter whether you want to convert the Swiss Franc to Euro, Swiss Franc to CHF or INR to Swiss Franc, you only need to follow the below-written steps:
- STEP 01
Select your city from the drop-down list.
- STEP 02
Choose the currency you have and the currency you want.
- STEP 03
Opt for a forex card or currency notes from the list.
- STEP 04
Mention the forex amount. The live currency exchange rate will show up next to it.
- STEP 05
The converted currency amount according to the exchange rate will show up automatically.
- STEP 06
Then proceed with booking your order.
Documents Required to Buy or Sell the Swiss Franc
Here are some important documents mandated by the RBI that you must submit in order to buy or sell the Swiss Franc in India.
Copies of your valid Indian passport
PAN Card
Confirmed air ticket indicating your plan to travel within 60 days
Valid visa (it may not be required for every country)
Different Purposes for Exchanging the Swiss Franc
Private Travel: You can avail of up to CHF 10,000 for a private trip to the Switzerland.
Studying Abroad: You can purchase foreign exchange of up to CHF 30,000 or up to the estimate shared by your educational institute.
Employment Purpose: In case you have a letter of employment, you can buy foreign exchange of up to CHF 5,000.
Emigration: If you have an emigration visa, you can buy foreign exchange for up to CHF 5,000.
Gift and Donation: You can gift or donate up to CHF 5,000 annually on the basis of self-certification
Medical Treatment: On the basis of self-certification, you can buy foreign exchange of up to CHF 50,000 for medical treatments outside of India. Once the limit is surpassed, you have to provide the estimated expense that would be incurred at the hospital.
Buy and Sell the Swiss Franc Online at Best Exchange Rates
With BookMyForex, the online forex marketplace by MakeMyTrip, you can easily convert your currency. Enjoy unbeatable currency exchange rates and opt for BookMyForex Multi-Currency Cards as well as foreign currency notes. with no forex mark-up. MakeMyTrip also present the real-time value of one Swiss Franc in Indian Rupees so that you can stay updated with the ever-changing Swiss Franc value when converting your money to other currencies.
Home Delivery of the Swiss Franc
In addition to a smooth online process, BookMyForex also delivers the Swiss Francs right at your doorstep. In fact, you can enjoy same-day door delivery. So, you do not have to waste any time visiting a local money exchanger and picking up your money.
Other currencies to INR Conversion
- USD to INR
- EUR to INR
- AED to INR
- THB to INR
- SGD to INR
- KWD to INR
- CHF to INR
- HKD to INR
- SAR to INR
- CAD to INR
- ZAR to INR
- AUD to INR
- JPY to INR
- GBP to INR
- NZD to INR
- MYR to INR
- VND to INR
- BHD to INR
- IDR to INR
- KRW to INR
- NOK to INR
- DKK to INR
- RUB to INR
- LKR to INR
- PHP to INR
- MUR to INR
- BDT to INR
- PLN to INR
Frequently Asked Questions
How do I get cashback after placing my forex order?
Find out more about the cashback offer on your Swiss Franc (CHF) purchase by clicking here.
What will happen to the leftover Swiss Franc currency when I return from my trip?
You can easily exchange any leftover currency notes or the money left in your Forex card with MakeMyTrip, powered by BookMyForex, once you have returned from your trip.
How much time will it take for CHF to be delivered to home?
Swiss Franc exchanged through currency notes and cards reaches your home in a day.
How much CHF can I carry to Switzerland as a student?
You can carry less than CHF 10,000 liquid funds while travelling to Switzerland as a student in order to meet your financial needs. The amount equal to CHF 10,000 or over that will lead to any entry made to the information system of the Federal Office for Customs and Border Security.
Can I invest in the Swiss Franc?
Yes, you can invest in the Swiss Franc via mutual funds, ETFs, or ETNs. However, you should keep an eye on market fluctuation and geopolitical concerns.
Will I receive authentic Swiss Franc notes?
Yes. MakeMyTrip offers genuine notes from RBI-licensed companies only.
Is it legally allowed to hold Swiss Franc in India?
While it is acceptable to hold the Swiss Franc up to the amount authorised by RBI, you cannot use this currency for any kind of transaction in India.
What if I run out of the Swiss Franc currency while travelling?
If you are carrying a MakeMyTrip multi-currency Forex card while travelling, then you can easily load it up and receive the money abroad within 48 hours.
Where is the Swiss Franc used?
The Swiss franc is officially used not only in Switzerland but also in Liechtenstein, Campione d’Italia which is an Italian exclave. The euro can also be alternatively used. You can buy or sell your foreign currency upon arrival at exchange bureaus.
When was the ‘franc’ currency first used?
The Helvetic Republic first introduced the franc currency in 1798. This franc was based on the French ecú which was reduced in usage in the 19th century and there were also 80 different types of coins issued by various places in use. The federal government then became the only entity allowed to issue money from 1848. The Swiss franc was introduced as the only monetary unit of Switzerland and the exchange rate was at par with the French Franc.
What are the banknotes of Swiss Fr that are currently in circulation?
The notes of Swiss Franc currency that are currently in circulation are Fr 10, 20, 50, 100, 200, and 1000.
Where does the Swiss franc rank in terms of rate?
The Swiss franc rate ranks second in the world and is one of the strongest currencies with the Swiss franc to Euro rate being 1.03 and USD rate 1.11 per franc.
Which are the most common coins in Switzerland?
The most commonly used coins in Switzerland are 5, 10, 20 Centimes, 1⁄2, 1, 2 and 5 Francs.