Course EUR(Euro)-CHF(Swiss Franc) for today

Euro

The central bank in Europe is called the European Central Bank (ECB). Currently, 17 EU member states have adopted the Euro. It is the second-most traded currency on the forex market, after the US Dollar, and also a major global reserve currency. Other common names for the Euro include Yoyo (Irish English), Leru (Spanish), and Ege (Finnish).

• Central bank: The European Central Bank
• The euro is used by over 320 million Europeans and 17 nations in the eurozone (euro area).
• Over 175 million people use currencies pegged to the euro, such as the Danish krona (DKK) and West African CFA franc (XOF).
• Eurozone economies vary widely. Germany is the largest economy, and a leading world exporter. Other economies (Ireland, Greece) endure sovereign debt and severe government austerity measures.

Swiss Franc

Importance of the Swiss Franc The Swiss Franc has a reputation for being a safe haven or hard currency; it is often purchased during financial uncertainty due to its reliability and stability. Regularly used as a global reserve currency, the Swiss Franc is the sixth most traded currency in the world. All CHF banknotes feature the four national languages of Switzerland: Germany, Romansh, French, and Italian.

• Central bank: The Swiss National Bank
• The Swiss Franc (also called Swissie or Swissy) is the currency of Switzerland, Lichtenstein, and the Italian municipality of Campione d'Italia (a small enclave in the south).
• Switzerland's per capita GDP is among the highest in the world. The country’s economy benefits from a highly developed service sector, led by financial services, and a sophisticated high-tech manufacturing industry.
• Most Swiss economic practices conform to those of the surrounding European Union.