Swiss franc

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/swiss-franc

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What is the geographic scope?Switzerland, Liechtenstein, and the Italian exclave of Campione d'Italia
2. What is the issuing bodies?Swiss National Bank (SNB) for banknotes, Swissmint for coins
3. What is the Swiss franc and where is it used?The Swiss franc (CHF) is the official money of Switzerland and the small country of Liechtenstein. It is also used in the Italian exclave Campione d'Italia, which is surrounded by Switzerland.
4. Why does the Swiss franc have a special code like CHF?The code CHF comes from the Latin name for Switzerland, Confoederatio Helvetica. Latin was chosen because it is neutral among Switzerland's four languages.

Legal Tender: A medium of payment recognized by a legal system to be valid for meeting financial obligations.
ISO 4217 Currency Code: A standardized three-letter code that represents a country's currency for international financial transactions.
Safe-Haven Currency: A currency that investors consider to be relatively safe during times of economic turmoil or market instability.