Traditional safe-haven currencies of traditional safe-haven currencies

What is the recognized traditional safe-haven currency?

The recognized traditional safe-haven currency is the Swiss franc. Sometimes, other currencies such as the US dollar also often act as safe haven currencies.

Because Switzerland pursues neutrality and non-alignment policies, Switzerland is considered the safest place in the world and is known as a traditional safe haven currency. In addition, the Swiss government’s protective policies on finance and foreign exchange have caused a large number of Foreign exchange poured into Switzerland. The Swiss franc has also become a stable and popular currency for international settlement and foreign exchange transactions.

The main characteristics of its cash can be simply summarized as follows:

Currency name: Swiss franc (swissfranc)

Issuing institution: Swiss National Bank ( banquenationalesuisse)

Currency symbol: chf

Subsidiary currency carry: 1 Swiss franc = 100 centimes (centimes)

Banknote denominations: banknote denominations include 10, 20, 50, 100, 200, 500, 1,000, 2,000 francs, and the coins are 1, 2, 5 francs and 5, 10, 20, 50 cents, etc.