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The Swiss franc

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Must knows about the Swiss franc

  • The Swiss franc is the only official currency in Switzerland;
  • The Euro is accepted in many places but certainly not everywhere.
Swiss francs

The Swiss franc is the only official currency in Switzerland.

Current Swiss franc exchange rates

1 ARS = 0.0110 CHF (1 CHF = 91.1150 ARS)
1 AUD = 0.6620 CHF (1 CHF = 1.5106 AUD)
1 CAD = 0.6903 CHF (1 CHF = 1.4486 CAD)
1 CNY = 0.1361 CHF (1 CHF = 7.3480 CNY)
1 EUR = 1.0831 CHF (1 CHF = 0.9233 EUR)
1 GBP = 1.1991 CHF (1 CHF = 0.8340 GBP)
1 HKD = 0.1150 CHF (1 CHF = 8.6992 HKD)
1 ILS = 0.2726 CHF (1 CHF = 3.6682 ILS)
1 INR = 0.0121 CHF (1 CHF = 82.8483 INR)
1 JPY = 0.0086 CHF (1 CHF = 116.7824 JPY)
1 NZD = 0.6305 CHF (1 CHF = 1.5860 NZD)
1 SGD = 0.6671 CHF (1 CHF = 1.4990 SGD)
1 THB = 0.0295 CHF (1 CHF = 33.8810 THB)
1 TWD = 0.0315 CHF (1 CHF = 31.7818 TWD)
1 USD = 0.8910 CHF (1 CHF = 1.1223 USD)
1 ZAR = 0.0584 CHF (1 CHF = 17.1362 ZAR)

Last updated: December 3, 2020 - 2:15 PM

Swiss franc or Euro, what to use?

The Swiss franc (CHF) is the only official currency in Switzerland (and in Liechtenstein). The franc is the only currency accepted everywhere. The Euro is the currency in the neighboring countries Germany, France, Italy and Austria, and in many other European countries.

Nevertheless, you can pay with Euros in many shops, hotels, rail stations and gas stations in Switzerland. This is convenient if you're only in transit or only stay for one night. Many smaller shops, market stalls, kiosks, etc. only allow payment in Swiss francs. Note that the Euro is a foreign currency in Switzerland, so accepting it results in extra costs and risks for shop owners. Therefore, if you pay with Euros, change will be in Swiss francs and the exchange rate is mostly not in your favor. For longer stays, it is cheaper and more convenient to have Swiss francs at hand.

How to pay in Switzerland

Credit cards and debit cards are widely accepted, so there is no need to have large amounts of cash at hand. You can pay larger amounts by cards and take along some cash for smaller payments and places that do not accept cards.

Swiss francs can be obtained from ATM's. They are available in all towns, and you usually find them at the post office, rail station and shopping center. In general this is the cheapest way to obtain cash. Your bank can provide exact fees. To save time upon arrival, it can be handy to purchase some Swiss francs before you depart.

Your bank may charge fees for both cash withdrawal through ATM's and credit/debit card payments.

Swiss franc notes and coins

Notes

  • 10 francs
  • 20 francs
  • 50 francs
  • 100 francs
  • 200 francs
  • 1000 francs

Coins

One hundredth of a Swiss franc is called a rappen (German), centime (French) or centesimo (Italian).

  • 0.05 francs, 5 rappen
  • 0.10 francs, 10 rappen
  • 0.20 francs, 20 rappen
  • 0.50 francs, 50 rappen
  • 1 franc
  • 2 francs
  • 5 francs

Is Switzerland expensive?

The Swiss franc is a strong currency, so Switzerland is not cheap for visitors from many other countries. There are many ways to save money on your holidays to Switzerland though.

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Insider tips about the Swiss franc

  • You can do without francs if you're just in transit. In other cases you best have Swiss francs at hand;
  • Many hotels and shops accept Euros, but change will be in Swiss francs and the exchange rate is not in your favor;
  • Smaller shops mostly only allow payment in Swiss francs.
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