Foreign Exchange Guide to Liechtenstein
The domestic currency in Liechtenstein is the Swiss franc with currency code CHF. Read this foreign exchange guide to Liechtenstein and the Swiss franc with money transfer and travel tips plus Swiss franc exchange cross rates.
In this guide we review :
- Swiss franc info - general info about the Swiss franc
- Swiss franc in the markets - recent CHF moves and predictions from the FX markets
- Travelling in Liechtenstein - currency & money saving tips
- Buying Swiss franc cash online - travel money for Liechtenstein
- Sending money to Liechtenstein - save on Swiss franc bank transfers to Liechtenstein
- Swiss franc exchange rates - latest & historic exchange rates.
Swiss franc (CHF) general currency information
Contributing to roughly 5% of the foreign exchange market daily turnover, the Swiss franc (ISO: CHF) is the world’s seventh most traded currency.
The Swiss franc is traditionally considered Europe’s safe haven currency due to factors including Switzerland’s traditional position as a politically neutral country, its reputation for stability, impressive financial system, historically low inflation and its ability to consistently run a trade surplus. For this reason, the franc is likely to increase in value during periods of economic uncertainty or when global geopolitical risk is elevated, or during bouts of high market volatility.
To prevent unwanted currency appreciation, between September 2011 and January 2015 the franc’s value was pegged to the euro at a rate of Fr. 1.2. When Switzerland’s central bank unexpectedly abandoned the peg in 2015 it caused significant market turmoil.
Since 1995, against the world’s reserve currency, the US dollar, the Swiss franc’s lowest valuation came in October 2000 when CHF/USD traded at just 0.5465. Its post-1995 high came in August 2011 at 1.4152.
What is the Swiss franc currency code and symbol?
The three letter currency code for the Swiss franc is CHF and the symbol is Fr.
Which countries use the Swiss franc?
Swiss franc (CHF) in the markets
In March and April, the franc depreciated steadily; it weakened to 1.20 versus the euro – a three-year low and the symbolic rate at which it was capped prior to 2015’s “Francogeddon” – and it slid beyond parity with the US dollar for the first time since November ’17. General weakness in the franc was largely a result of the perennial dovishness of the SNB.
In the six-week period to the middle of June, the franc recovered well against the euro, forcing EUR/CHF into the 1.15s, and gained marginally against the strong dollar to levels slightly below parity (0.997).
In mid-June, an analyst at J.P. Morgan revised upwards his expectations for the franc, saying: "The very impulsive sell-off [in EUR/CHF] from this year's high at 1.2 is clear testimony that we are most likely dealing with a much broader move to 1.062." It should be noted, however, that J.P. Morgan’s official forecasts show EUR/CHF stabilizing around 1.16 throughout the rest of the year.
The interactive chart below shows the CHF to USD exchange rate for the previous 3 months with rate alerts for days when the exchange rate moved up or down significantly or for 30 day highs and lows.
Liechtenstein Trip Checklist
- Compare CHF travel cash rates - probably why you are here!
- Search Hotel deals - Save on your accomodation in Liechtenstein
- Lonely Planet - world's best travel guide (coupon and deals)
Travel money for Liechtenstein
Save money and time by Ordering your Swiss franc online from Travelex, you get better rates and can pick up the CHF cash locally or even on travel day at the airport.
Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.
For card purchases if offered a choice of currencies always select to Pay in Swiss franc otherwise you may get much worst exchange rates.
Travel Money Exchange Rates Compared
Buying CHF Cash with USD 1,000
Rate timestamp : Sat Jun 23 2018 23:00:03 GMT+0000 (UTC)
Sending money to Liechtenstein
When searching around for information on how to get a good exchange rate when sending money to Liechtenstein you need to start with finding out the latest Swiss franc foreign-transfer exchange rate.
Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).
Getting a better deal when sending money to Liechtenstein
When sending money to Liechtenstein it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or Swiss franc amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted CHF amount will be transfered to the recipient account you specify in Liechtenstein.
Use our Send to CHF calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Swiss franc deposited into the recipient bank account and less margins and fees kept by the banks!
Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote
Compare Foreign Transfers
Sending USD 10,000 to CHF
Rate timestamp : Sat Jun 23 2018 23:03:29 GMT+0000 (UTC)