Definition

1. Noun:
   • The basic unit of money in Switzerland: The Swiss franc is the official currency of Switzerland and Liechtenstein. It is a major global currency known for its stability.

Usage Examples

• Noun:
  • The hotel room costs 200 Swiss francs per night.
  • He exchanged his euros for Swiss francs at the bank.
  • The price is listed in Swiss francs, not US dollars.

Advanced Usage

• As a financial benchmark: The Swiss franc is often considered a "safe-haven" currency during times of global economic uncertainty.
  • Investors flocked to the Swiss franc during the market turmoil.

Variants and Related Words

• CHF: The official ISO 4217 currency code for the Swiss franc, commonly used in banking and finance.
  • The transfer amount is CHF 1,500.
• Franc: A general term for several currency units, with the Swiss franc being one specific type.
• Rappen: The subunit of the Swiss franc, where 100 Rappen equal 1 Swiss franc (similar to cents for a dollar).

Synonyms

• CHF: (The currency code, used as a synonym in financial contexts).
• Swiss currency: (A more general descriptive term).

Related Phrases

• Franc zone: Although more commonly associated with the CFA franc, this term refers to areas using currencies named "franc."
• Hard currency: A term describing a globally stable and reliable currency, which applies to the Swiss franc.

Noun

1. the basic unit of money in Switzerland