You’re unlikely to be able to officially transact in CAD in Switzerland, which is why it’s time to start getting used to CHF and learning more about the currency exchange rates so you’ll know what you’re spending on your trip.
This guide will walk through all you need to know, including Canadian dollar/Swiss Franc rates and where best to get your travel money from.
The Swiss Franc (CHF) was introduced in 1850, consolidating Switzerland’s diverse currencies into one. Known for its stability, the franc is a safe-haven currency, reflecting Switzerland’s political neutrality and fiscal prudence.
Here’s a full rundown of the CHF coins and banknotes you’ll need to be familiar with when you’re in Switzerland. CHF banknotes CHF coins banknotes – 10, 20, 50, 100, 200, 1000 CHF coins – 5, 10, 20 rappen; ½, 1, 2, 5 CHF
The French Franc Dates Back Since 1798 In 1798, when the Helvetian Republic was formed, the French Franc was introduced. But in the war of 1799, the area that was called Switzerland separated from France and was given the new name of the Helvetic Republic. The Helvetic Republic became a federation in 1803 and in…
Using a travel debit card in Switzerland is usually cheap, safe and convenient. A few providers in the UK offer multi-currency cards which come with a linked payment account that lets you convert, hold and spend in CHF. That allows you to add a balance in CAD and switch over to CHF to lock in the exchange…
As we’ve seen, the official currency in Switzerland is CHF. If you carry CAD with you on your trip, you’ll probably need to exchange it before you can spend. Sometimes when you’re away on a trip abroad you’ll find that merchants will take payments in a selection of major foreign currencies. However, the chances are…
The official currency in Switzerland is the Swiss Franc, which is issued and overseen by the Swiss National Bank. If you’re buying your travel money online you may also see the official code being shown – CHF. In stores and restaurants, Swiss Franc prices are likely to use the currency symbol CHF. Once you’re in…
