what is chf currency

The CHF is the abbreviation for the Swiss franc, which is the official currency of Switzerland and Liechtenstein. It is also the legal tender in the Italian exclave of Campione d'Italia. The Swiss franc is often referred to by the currency sign CHF, which stands for Confoederatio Helvetica Franc, and is designated as the ISO 4217 currency code used by banks and financial institutions. It is the only franc that is still issued in Europe after the other nations that used to denominate their currencies in francs adopted the euro. The Swiss franc is known for its stability and is considered a safe- haven currency, popular for its status as a buffer against instability in various markets and investments