Saturday, February 25, 2017 9:04 AM
Currencies rates online for Australian Dollar (AUD) to Swiss Franc (CHF).
Forex data is updating every 5 minutes.
In order to convert currencies, please go to Swiss Franc (CHF) to Australian Dollar (AUD).
The currency converter uses the latest Forex exchange rates.
The Australian dollar (symbol: $; currency code: AUD) is the official currency of the Commonwealth of Australia, including Christmas Island, Cocos Islands, and Norfolk Island, and several independent Pacific Island states. To distinguish between it and other dollar-denominated currencies, the Australian dollar sometimes appears as A$. One (1) Australian dollar is equal to one hundred (100) cents.
The Australian dollar is often referred to by traders as the “Aussie dollar”. It is the fifth most traded currency in the forex market, behind the U.S. dollar, the euro, the Japanese yen and the British pound. Its popularity in foreign exchange is largely due to the relative stability of the country’s economy and the relatively high interest rates in Australia.
The Australian dollar was preceded by the Australian pound, which was introduced in 1910 and differed in value from the pound sterling. The dollar was introduced on February 14, 1966.
The franc (symbol: CHF; currency code: CHF) is the official currency of Switzerland and Liechtenstein. One (1) franc is subdivided into one hundred (100) units, with one hundredth of a franc called a rappen (German), centime (French), centesimo (Italian) and rap (Romansh).
Historically, the Swiss franc is regarded as a safe-haven currency with almost no inflation. It is often used as a global reserve currency and is the sixth most traded currency in the world.
Prior to 1798, approximately 860 different coins were in circulation in Switzerland. The Helvetic Republic introduced a currency based on the Berne thaler in 1798, which lasted until the end of the Helvetic Republic in 1803. The franc was introduced as the monetary unit of Switzerland following the first Federal Coinage Act in 1850 and replaced the different currencies of the Swiss cantons.