what currency does switzerland use

10 months ago 46
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Switzerland uses the Swiss franc (CHF) as its official currency. The Swiss franc is divided into 100 Rappen (Rp) and comes in denominations of coins and banknotes. Coins are available in denominations of 5, 10, 20, and 50 Rappen, as well as 1, 2, and 5 francs, while banknotes are available in denominations of 10, 20, 50, 100, 200, and 1,000 francs. While Switzerland is not part of the European Union and is not obliged to convert to the Euro, the Euro is widely accepted in many stores and restaurants, although the exchange rate is generally unfavorable. It is advisable to change currency into Swiss francs for better value. Merchants may accept euros, but they are not obliged to do so, and change given back to the client will most likely be in Swiss francs.