Usd Converter
Convert Usd to Chf and more • 166 conversions
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Unit Explanations
United States Dollar$
Source UnitThe United States Dollar (USD) is the official currency of the United States, recognized as a legal tender in various territories and widely accepted internationally. It is subdivided into 100 smaller units called cents. The dollar is denoted by the symbol '$' and is one of the most traded currencies globally, often used as a benchmark for other currencies. Its value is influenced by various factors including economic indicators, interest rates, and geopolitical stability. As a fiat currency, the USD is not backed by a physical commodity but rather the trust in the U.S. government and economy, making it a crucial component of the global financial system, utilized in both domestic and international transactions.
Current Use
The U.S. dollar is not only the official currency of the United States but also plays a dominant role in the global economy. As the primary reserve currency held by many countries, it is used in international transactions, trade agreements, and as a benchmark for other currencies. The dollar is widely accepted for transactions in various sectors such as finance, trade, and tourism, making it a preferred currency for global commerce. It is commonly used in international markets for commodities such as oil and gold, and many countries peg their local currencies to the dollar to stabilize their economies. The dollar is also utilized in remittances, with millions of people sending money across borders in USD.
Fun Fact
The U.S. dollar is the most widely used currency for global trade.
Swiss FrancCHF
Target UnitThe Swiss Franc (CHF) is the official currency of Switzerland and the Principality of Liechtenstein, recognized for its stability and reliability. It is subdivided into 100 centimes, or rappen in Swiss German. The currency is noted for its robustness, often seen as a safe haven during economic instability, primarily due to Switzerland's strong financial sector and neutral political stance. The Swiss Franc is managed by the Swiss National Bank, which uses monetary policy tools to control inflation and stabilize the currency's value in global markets. The use of the CHF extends beyond Switzerland, being accepted in some neighboring countries and utilized as a reference currency in various international transactions.
Current Use
Today, the Swiss Franc serves as an integral part of the Swiss economy, widely used in financial transactions, investments, and daily purchases. It is recognized for its stability and is often considered a safe haven currency during global economic turmoil. The CHF is also influential in the international forex market, where it is one of the top ten most traded currencies. In addition to Switzerland, the Franc is accepted in Liechtenstein, and is also used in some transactions in nearby regions such as parts of Italy and France. The currency plays a significant role in global finance, with many investors purchasing CHF during times of uncertainty for its perceived reliability. The Swiss economic model, characterized by a high GDP per capita and a strong banking system, reinforces the Franc's status as a stable currency.
Fun Fact
The Swiss Franc is one of the oldest currencies still in use today.
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📐Conversion Formula
= × 1.00000How to Convert
To convert to , multiply the value by 1.00000. This conversion factor represents the ratio between these two units.
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💡 Pro Tip: For the reverse conversion ( → ), divide by the conversion factor instead of multiplying.
United States Dollar
currency • Non-SI
Definition
The United States Dollar (USD) is the official currency of the United States, recognized as a legal tender in various territories and widely accepted internationally. It is subdivided into 100 smaller units called cents. The dollar is denoted by the symbol '$' and is one of the most traded currencies globally, often used as a benchmark for other currencies. Its value is influenced by various factors including economic indicators, interest rates, and geopolitical stability. As a fiat currency, the USD is not backed by a physical commodity but rather the trust in the U.S. government and economy, making it a crucial component of the global financial system, utilized in both domestic and international transactions.
History & Origin
The United States Dollar has its origins in the Spanish dollar, which was widely used in the Americas during the colonial period. The first official dollar was issued by the Continental Congress in 1775 during the American Revolutionary War. The Coinage Act of 1792 established the U.S. dollar as the country's standard unit of money, allowing for the production of coins in various denominations. The dollar was initially defined in terms of specific weights of silver and gold, reflecting the bimetallic standard prevalent at the time, leading to the establishment of the U.S. Mint for the purpose of producing coinage.
Etymology: The term 'dollar' comes from the German word 'Thaler', which referred to a silver coin that was minted in the 16th century.
Current Use
The U.S. dollar is not only the official currency of the United States but also plays a dominant role in the global economy. As the primary reserve currency held by many countries, it is used in international transactions, trade agreements, and as a benchmark for other currencies. The dollar is widely accepted for transactions in various sectors such as finance, trade, and tourism, making it a preferred currency for global commerce. It is commonly used in international markets for commodities such as oil and gold, and many countries peg their local currencies to the dollar to stabilize their economies. The dollar is also utilized in remittances, with millions of people sending money across borders in USD.
💡 Fun Facts
- •The U.S. dollar is the most widely used currency for global trade.
- •More than 60% of all foreign exchange reserves are held in USD.
- •The design of the dollar bill has not changed significantly since 1929.
📏 Real-World Examples
🔗 Related Units
Swiss Franc
currency • Non-SI
Definition
The Swiss Franc (CHF) is the official currency of Switzerland and the Principality of Liechtenstein, recognized for its stability and reliability. It is subdivided into 100 centimes, or rappen in Swiss German. The currency is noted for its robustness, often seen as a safe haven during economic instability, primarily due to Switzerland's strong financial sector and neutral political stance. The Swiss Franc is managed by the Swiss National Bank, which uses monetary policy tools to control inflation and stabilize the currency's value in global markets. The use of the CHF extends beyond Switzerland, being accepted in some neighboring countries and utilized as a reference currency in various international transactions.
History & Origin
The history of the Swiss Franc dates back to the late 19th century when the Swiss Federal Assembly established it as the official currency in 1850, replacing numerous local currencies. The need for a unified currency arose from the growing economic integration of the Swiss cantons and the desire to simplify trade. The introduction of the Franc standardized monetary transactions across the country, facilitating commerce and taxation. The first coins minted were made of silver and gold, representing the values of the time and reflecting Switzerland's wealth and economic independence.
Etymology: The term 'Franc' is derived from the Latin word 'Francus', meaning 'free'.
Current Use
Today, the Swiss Franc serves as an integral part of the Swiss economy, widely used in financial transactions, investments, and daily purchases. It is recognized for its stability and is often considered a safe haven currency during global economic turmoil. The CHF is also influential in the international forex market, where it is one of the top ten most traded currencies. In addition to Switzerland, the Franc is accepted in Liechtenstein, and is also used in some transactions in nearby regions such as parts of Italy and France. The currency plays a significant role in global finance, with many investors purchasing CHF during times of uncertainty for its perceived reliability. The Swiss economic model, characterized by a high GDP per capita and a strong banking system, reinforces the Franc's status as a stable currency.
💡 Fun Facts
- •The Swiss Franc is one of the oldest currencies still in use today.
- •CHF is often regarded as a safe haven currency during times of global uncertainty.
- •Switzerland has not been part of the European Union, maintaining its own currency.
📏 Real-World Examples
🔗 Related Units
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Frequently Asked Questions
How do I convert to ?▼
To convert to , multiply your value by 1. For example, 10 equals 10 .
What is the formula for to conversion?▼
The formula is: = × 1. This conversion factor is based on international standards.
Is this to converter accurate?▼
Yes! MetricConv uses internationally standardized conversion factors from organizations like NIST and ISO. Our calculations support up to 15 decimal places of precision, making it suitable for scientific, engineering, and everyday calculations.
Can I convert back to ?▼
Absolutely! You can use the swap button (⇄) in the converter above to reverse the conversion direction, or visit our to converter.