The Swiss Franc is the official currency of Switzerland and Liechtenstein. It is also used in the region of Campione d’Italia in Italy as well as in Büsingen am Hochrhein of Germany. One Swiss Franc is worth 100 Centimes, also known as Rappen in German and Centesimo in Italian. Coins come in 5, 10 and 20 Swiss Centimes as well as ½, 1, 2 and 5 Swiss Francs. Banknotes are available in 10, 20, 50, 100, 200 and 1000 Swiss Francs. As a reserve currency, the Swiss Franc is ranked 4th in value in the world at the time of writing.
Swiss franc to Bitcoin conversion
this page last updated:: Wed 22 Nov 2017
Convert Swiss franc to Bitcoin
Introduced in 2009, Bitcoin is an online, digital currency which doesn’t have a central bank or ownership and is often referred to as a peer-to-peer payment system. Bitcoins are generated through a process known as "mining." This involves using specific software to solve maths problems. When a maths problem is solved, the "miner" is rewarded with a Bitcoin. These Bitcoins can then be exchanged for goods and services. Although the number of companies who accept Bitcoins is currently limited, as the currency becomes more well known the number is growing. Bitcoins can also be bought using other currencies. Bitcoin is also a "crypto-currency" which means it uses cryptography to drive the production of Bitcoins and Bitcoin transactions. This makes the currency extremely secure. The "block chain," which is effectively a public book of accounts, is used to check that genuine Bitcoins are being exchanged in all transactions. Bitcoin benefits from no limits of exchange as users can perform instant transactions at an
Swiss franc to Bitcoin table