Swiss Franc (CHF)
The official currency of Switzerland is the Swiss Franc, abbreviated as CHF. It is widely used throughout the country for all transactions [1:3]. The Swiss National Bank issues banknotes in denominations of 10, 20, 50, 100, 200, and 1,000 francs
[2].
Using Euros in Switzerland
While Euros are accepted in some places, especially in cities and tourist areas, they are not considered legal tender in Switzerland. You may find that only Euro bills are accepted, and change will be given in Swiss Francs [1:2]
[1:3]. However, using Euros can result in poor exchange rates, often with a 1:1 conversion rate, which is disadvantageous
[1:6].
Currency Exchange Recommendations
For travelers, it is recommended to exchange Euros for Swiss Francs either at banks or currency exchange stalls at airports [1:5]. Using cards at ATMs can also provide favorable exchange rates
[1:6]. In smaller towns, where banks might not be readily accessible, having Swiss Francs on hand is advisable
[1:8].
Current Swiss Banknotes
The current series of Swiss banknotes reflects Swiss culture and values, featuring transparent windows, ultraviolet ink, and hidden security features that make counterfeiting nearly impossible [2]. These notes belong to the ninth series introduced between 2016 and 2019
[2].
Hello, I am traveling to Switzerland in a few days, and I was wondering about accepted currencies.
Are Euros accepted? And if so, do you think it will be more practical for me to change to CH or just use Euros?
Also, what are the best places to exchange?
I am intending on using mainly cash.
Thanks.
Euros are generally accepted in cities and in touristy places. But that's generally, not universally. Also I'd not bet on Euros being accepted outside the cities and touristy parts.
Even if you do do the typical touristy things I'd still consider exchanging your money, the exchange rates you get in stores and restaurants are usually quite expensive. As to where you could exchange your currency I'd say it depends how you arrive in Switzerland. If you come by plane there'll be plenty of exchange stalls at the airport, if you come by train you can exchange money at every major train station.
Thanks!
I'm not staying in touristy places, but rather a small town. I'm arriving by airplane and then taking a train, but I might be in a hurry and not have enough time.
Also, sometime the exchange rates at the airport are not very good, so I thought it might be cheaper to just use Euros.
They won’t take Euro anywhere outside of touristic areas or bigger chains. I’d def get Swiss francs or just pay by card. I never use cash in Switzerland myself.
Even a "bad" exange rate at the airport will be better 95% of the time. People accepting Euros are doing you a "favor" as it's not considered "legal tender" in Switzerland - some may have use for it tho but for most it's a small even if necessary - touristy places
- annoyance.
Most places will accept Euros, but usually only bills, no coins, and you'll receive Swiss Francs back. Honestly I think it's easier and more practical if you exchange the Euros to Swiss Francs. I'd just go to a bank or something like that to exchange the money, but someone else is probably going to know better than me
The thing is, I'm going to stay at a very small town, so not sure if there are any banks near by. And my timing is gonna be pretty tight at the airport / train station so I might not have enough time.
The reason I'm thinking of using Euros is mainly because the difference is so small that it might be cheaper than exchanging.
Thanks!
>"not sure if there are any banks near by."
You did say "Switzerland", right?
But restaurants will not give you a great rate, my parents had a store and simply added 10% for foreign currency to pay for the hassle and change in rates before exchanging, also if it is a really small place I would not bet on them accepting Euro's. Pretty certain you can order CHF at some exchange place at the airport where you leave, just grab a couple of 100's so you can use those if you are somewhere where your card might not work.
Don’t spend euros in Switzerland— many stores take them at a 1:1 exchange rate which is a bad deal for you. I think the best exchange rate is going to be using your card at an ATM.
Actually, now the rate is pretty close to 1:1 (it's 1:0.99) so depending on their bank it might be a better conversion than exchanging it through their bank.
Just switch to Francs and enjoy your time. It’s not worth the hassle. Don’t complicate something that doesn’t need to be complicated.
I would sort this out if I were you. Many banks and financial institutions provide special cards for international travel, either credit, debit or prepaid cards. That will make your trip so much more pleasant than dealing with bank notes and especially coins you aren't familiar with.
I live in Switzerland and the only time I've had to use cash recently is when a restaurant had issues with their terminal payment, in a remote mountain "buvette" (small restaurant) where there was no internet or phone service, and to purchase a used bicycle. So 3 times in 8 months.
Getting the card might be a hassle, but withdrawing cash and using it is more complex in my opinion... You'll either have not enough, too much, wonder if the bank ATM or teller is giving you a good deal, or you might want to get CHF before leaving.
My back charges 10 CHF per withdrawal abroad and 1 % on credit card purchases. I choose card.
The current Swiss banknotes are issued by the Swiss National Bank in six denominations: 10, 20, 50, 100, 200, and 1,000 francs. And they are some of the most advanced in the world. They have transparent windows, ultraviolet ink, and hidden security features that make counterfeiting nearly impossible.
These notes reflecting Swiss culture and values and belong to the ninth series introduced between 2016 and 2019, which replaced the older eighth series. The ninth series notes use colors and motifs distinct from individuals, instead depicting typical Swiss characteristics and activities.
A new series of Swiss banknotes, themed “Switzerland and its Elevations”, is planned for release no earlier than the early 2030s.
This upcoming design competition for the tenth series is ongoing, with a public design competition launched in early 2025 and results expected by 2026.
Reminds me of Tarantino and feet
Switzerland is currently having a survey, which concept for the next series of banknotes should be chosen.
Follow this link to see all the concepts and vote if you like:
current series ended up nothing like proposed designs.
what's more #1 winner was quickly rejected as too controversial
True, the swiss national bank has the final say when choosing the artist and theme. But again, those are concepts and not the final designs.
What was #1 winner?
I think I prefer the older designs. These look nice, but are kind of cartoonish.
we have a poll at the IBNS and Concepts I and J were in the lead
I love the third one
By clicking on ‘Detailed view’, you can see all of the concepts – comprising six denominations, including both the front and back sides – in detail. Select the ‘Take survey’ button to access the online survey. The survey will ask you to give your opinion on the individual concepts. Which designs do you like most? Which do you like least? Please therefore look at the designs on this website carefully before taking part in the survey.
I am so hungry I could eat a
Eat a what
You can actually buy horse meat in Switzerland.
man 🐴
Better design but also less value
Worse design and worse currency imho
Euro easily wins an award for the most boring, dull design 🤮
In the US Dollar all notes look the same and difficult to distinguish.
Also all the same size and color.
Funny joke.
All of those propositions look like if they were made using stock images from my elementary school projects.
I'd say stick with animals, fruits & vegetables should be left in the produce isle. Landscape in the background if needed.
B, H, K.
B is the best
Es fehlt eine Serie, bei der sie die Banknoten anderer Länder abbilden. :-)
Ne, aber Tiere, Pflanzen und Erfindungen der europäischen Geschichte fände ich ganz gut für die nächsten Euro-Banknoten.
Konzepte B, J und K sehen m. M. n. ganz schick aus, aber die anderen sind irgendwie überladen.
Jo die finde ich auch recht nett. Mag aber auch Konzept I noch ganz gerne, weil Freiberger Pferd und Bartgeier cool sind.
Ich finde die 10/12 am Schönsten.
Warum sehen die aus, wie Schokoladenverpackungen?
Die Maître-Geldiers von Lindt haben sich Mühe gegeben.
Bin aus unerfindlichen Gründen fast ein bisschen enttäuscht dass es keinen 10,000er gibt ;)
>1,000 Francs notes were issued already in 1907. Considering inflation it would have a value of about 12,000 CHF today. (Makes one wonder why the SNB didn't come up with a 10,000 CHF note.)
https://www.reddit.com/r/Switzerland/comments/nm1mr4/fun_facts_about_the_compactness_of_the_1000/
Im going to switzerland in a couple of weeks, this is my first time abroad and I was wondering about using my debit card. Will most places accept it, or should I get a load of francs? + any advice in general about switzerland or going abroad would be much appreciated
Uk debit cards are fine. I use Chase which doesn’t charge a fee overseas but the big four banks do tend to charge fees. If given the choice always pay in local currency as the Mastercard/visa conversion rate will always be better than the payment provider or ATM conversion.
There is some good advice at https://www.moneysavingexpert.com/travel/cheap-travel-money/
Make sure you have a card that doesn't incur a foreign transaction fee. Typically many debit cards issued by UK banks will charge a 2.75% fee for each transaction. Cash points will also charge a fee.
Might be worth getting a credit card that doesn't charge foreign transaction fees.
Yup, advice from Martin Lewis here:
https://www.moneysavingexpert.com/credit-cards/travel-credit-cards/
Debit cards are Visa or MasterCard these days.
I travel a lot in Europe, I had a problem with the card and payment, in the hotel where I wanted to sleep they told me to open a sikirapay account and within an hour I had a virtual card at my disposal, so I only use it and I've only had a problem a couple of times in the whole time I've been using it.
My HSBC UK cards work everywhere, including SBB ticket machines at stations / local transport machines. Just be mindful some shop terminals will probably require to insert your card, instead of tap - presenting you the option to select language and if you want the transaction to complete in GBP or CHF.
Personally I pull a little spend cash from an ATM to purchase water and snacks. Unlike UK some Swiss ATM’s have a withdrawal minimum, normally clearly marked in the ATM.
Which banknote do you think has the best design? I picked the 1000 CHF note as an example but you can see all designs here and vote:
https://www.neuebanknotenserie.ch/
You can also leave your feedback on notes you don't like.
I think we should bring back the skeletons.
Dat some Danse Macabre shit right here!
now that was dope
I think J is very clean as far as banknotes go
Also my preference.
Or F because fuck yeah let's put some cartoon characters on our bills.
That's a feature not a bug for banknotes. Besides, they don't look as busy in real life as they do when magnified on a screen.
Mdr le premier avec la tarte. On dirait le montage de ma mamie avec paint
I was scanning the comments to see if it was real or a joke…
Oui, c'est la cata haha
I thought design A was a joke at first. Those dishes look ridiculous the way they're put on the notes, very "design is my passion".
B, C, K are the worst ones. minimalist corporate shit.
I love design B
Hello, i'll get to Moscow in a week, I'd like to know If I can change my swiss francs (swiss money) in Moscow or If it's better I first change to some dollars/euros before I come to Moscow ?
Francs would be likely harder to exchange, but possible. Euros are problematic as well, they might be confiscated at the border (when you leave EU, not at the entrance). Dollars are your best bet. Make sure that the banknotes are new and crisp, banks in Russia are really really picky about the condition of the foreign currency notes these days.
You can bring up to $10k or equivalent in other currency without having to declare, over 10k you have to declare. If you will be near the limit, be extra cautious, because even a ¢10 coin forgotten in the wallet will be a breach of the law if it tips the sum over the limit.
Hello, thanks ! I'll come by plane from turkey, is euros fine ? That's a lot easier for me.
As far as I know, Turkey don't confiscate euros, so you should be fine.
You should change to dollars/euro before. There is a little possibility that you would be able to change francs but you can send a lot of time to find the right place. This currency is not common.
Ok thanks ! Euros is fine ? Or dollars is better ?
Dollars is better if you are going through EU cutoms directly to Russia. Estonians confiscate Euros
Someone mentioned it, but you need to make sure the notes are pristine. Not just new from the bank, I mean absolutely pristine. If there is any kind of mark, bending, or crease, they will not accept it. I took about 1000 dollars which were brand new from the bank and they rejected around a quarter of them for the tiniest imperfections. May be worth taking more dollars than you actually need just in case. Obviously mmv.
Here's my set of bills that were circulating around the world 25 years ago, in 2000 (which is also the year I was born :) ). This is also just before many of the beautiful European currencies were replaced by the Euro. I've got over 90 currencies here, which are: Yuan Renminbi, Indian Rupee, US Dollar, Indonesian Rupiah, Brazilian Real, Pakistani Rupee, Russian Ruble, Bangladeshi Taka, Japanese Yen, Nigerian Naira, Mexican Peso, Deutsche Mark, Philippine Peso, Vietnamese Ðồng, W. African CFA Franc, Egyptian Pound, Ethiopian Birr, Iranian Rial, Turkish Lira, Thai Baht, French Franc, Pound Sterling, Italian Lira, Congolese Franc, Ukrainian Hryvnia, S. African Rand, S. Korean Won, Myanmar Kyat, Spanish Peseta, Colombian Peso, Poliah Złoty, Argentine Peso, Tanzanian Shilling, Sudanese Dinar, Algerian Dinar, Canadian Dollar, Kenyan Shilling, Moroccan Dirham, Peruvian Sol, Uzbekistani Sum, Nepalese Rupee, Venezuelan Bolívar, Iraqi Dinar, N. Korean Won, Malaysian Ringgit, Romanian Leu, New Taiwan Dollar, Afghan Afghani, Ghanaian Cedi, Yemeni Rial, Australian Dollar, Sri Lankan Rupee, Mozambican Metical, Syrian Pound, Saudi Riyal, Dutch Guilder, Chilean Peso, Kazakhstani Tenge, Ecuadorian Sucre, Cambodian Riel, Zimbabwe Dollar, Guatemalan Quetzal, Cuban Peso, Greek Drachma, Czech Koruna, Portuguese Escudo, Hungarian Forint, Belarusian Ruble, Tunisian Dinar, Israeli New Shekel, Swedish Krona, Dominican Peso, Haitian Gourde, Yugoslav Dinar, Austrian Schilling, Honduran Lempira, Lao Kip, Libyan Dinar, Finnish Markka, Kyrgyzstani Som, Norwegian Krone, Lebanese Pound, NZ Dollar, Singapore Dollar, Costa Rican Colón, Emirati Dirham, Uruguayan Peso, Jamaican Dollar, Somaliland Shilling, Eritrean Nakfa, Slovenian Tolar, Botswanan Pula, Swazi Lilangeni, Cypriot Pound, Guyanese Dollar, E. Caribbean Dollar, Icelandic Króna.
I have 28 of those. Big collection.
Cool! I like coming up woth sets of different eras
I want at least one banknote from each country, so i collect whatever comes my way, anything, be them circulated, uncirculated, crumpled, old or new. Here in India, there are many coin collectors but notaphilists (banknote collectors) are very very few, so banknotes are difficult to get and very expensive. I keep my budget low. Anyway I have a sizeable collection. Out of the 46 currencies among Asian countries I have 44 countries except Israel and Armenia. Other continents very few like Africa I have 19, Australia 3 .
Actually I have 51 but the 23 are some other denominations.
very nice notes from a lot of rare currencies as well :D
ur collection is quite big, how many notes do you have now?
Thanks! Lol, I really I have no idea how much I have. Someday I'll do a rough count
Nice collection
yoo you posted
I counted out 22 notes that I used during my travels during that period - cool!
The Swiss France doesn't have a symbol such as $,€,¥,£.
Why is this?
Did the Swiss not want a symbol for some reason?
Though we do use kr. I guess it is the same with SEK and NOK.
Only a few currencies have symbols. NOK, SEK, PLN, CZK, BAM, RON, HUF are some more European currencies that don't have dedicated symbols
Probably easier to actually name the currencies that do use a specific symbol USD, GBP, EUR, JPY, INR, KRW, SAR, THB, AZN, VND and since recently AED. I could be missing some tho, this is just from memory.
There are also European countries that aren't EU also, like Albania, Bosnia, Belarus, N. Macedonia, Serbia, Ukraine, Russia, Moldavia etc, that also don't use specific symbols, would be nice if we stopped equating Europe to EU 😊
I used to love coming back from business trips to Sweden saying I had lots of SEKs while I was there. Only works for currency nerds, though.
Before the euros, pretty much none of the national currencies had symbols either
From what I remember, the standard way to display prices in the Benelux was to append them with ,- (which is a shorthand for “0 cents”), so that 100 Belgian francs would be formatted 100,-
The alternatives were Fr. or BEF, but in all cases, no symbol, just letters
Before the euro, lots of currencies in Europe had no symbol. To my knowledge, the krona/krone in Scandinavia does not have a symbol, just the abbreviation kr.
You do tend to see prices in SEK written like 300:-, similar to the old British way of writing prices in Shillings, 5/-
It just means that there are no decimals, Swedes use : for decimal point for currency for some reason. The dash means 0. In Norway, they use 300,- that is not a symbol for the currency though
I think many currencies don't.
E.g in Norway, Denmark, and Iceland people use kroner/króna and it is written "kr."
(Sometimes with the country initial first to differentiate them from each other)
It's funny reading this thread as I'd never realised that currencies having a symbol was such an exclusive thing. Portugal's currency before the Euro, the escudo, had a symbol as well - it looked like $ but with two strikes through it, and the symbol itself had a name too (cifrão) - so it would also strike me as unusual that a currency wouldn't have a symbol.
The best part about the cifrão was that it was used as a decimal separator. So if something costs 3 escudos and 45 centavos (cents), it was written as 3$45.
Doesn't look like it. I looked it up on Wikipedia to put it on my comment and it literally has an image in the middle of the text every time the symbol is used.
I think people just used the dollar sign when typing. But I was 10 when we switched to the euro so I don't remember that well.
what is the currency of switzerland
Key Information:
Takeaways:
Stability: The Swiss Franc is known for its stability and is considered a safe-haven currency, often sought after during economic uncertainty.
Subdivisions: One Swiss Franc is divided into 100 Rappen (or centimes in French).
Usage: The Swiss Franc is used throughout Switzerland and Liechtenstein.
Banknotes and Coins: Swiss Francs come in various denominations, with banknotes available in 10, 20, 50, 100, 200, and 1000 Francs, and coins in 5, 10, 20, 50 Rappen, and 1, 2, and 5 Francs.
Recommendation: If you're planning to travel to Switzerland, it's a good idea to have some Swiss Francs on hand for small purchases, although credit cards are widely accepted.
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