Swiss Franc – US Dollar Chart

CHF is short for Confederation Helvetica Franc. It is the currency of Switzerland The price of USD/CHF tells how many CHF are needed to buy one U.S. dollar. Switzerland has long been a neutral country and famous for its banking industry, as a result, the CHF has been deemed as a safe heaven currency. During the European Debt Crisis, massive capital flows into Switzerland, putting the CHF under heavy appreciating pressure until the central bank of Switzerland intervened by imposing a EUR/CHF rate limit at 1.20