Swiss Franc to Mexican Peso — exchange rate

The Swiss franc (Fr) is the national currency of Switzerland. The currency is accepted for payment in Lichtenstein, and some regions of Germany and Italy as well. In the exchange offices and on the exchange market, the franc is known as CHF.

A change unit for the Swiss franc is rappen (centime). One franc equals 100 rappen. First, CHF was issued in 1850. Afterwards, the look of coins and banknotes was being regularly updated. In 2016, the 9th series with an updated design came out. The Swiss franc has its own slang name. Traders call it “swissy”.

The Mexican peso (symbol: $, code: MXN, number: 484 ) is the official currency of Mexico. Its notes and coins are not used in other countries. A widespread international name for the currency used on the exchange market and in exchange offices is MXN.

Mexican peso can be subdivided into centavos. Every MXN has 100 centavos. The currency first appeared in 1993 and replaced the Mexican reals. Up until 1999 the currency had been called the new Mexican peso. As soon as this currency appeared, it became a catalyzer for a large-scale financial crisis. Real had gone through inflation before, but the consequences of the 1992 crisis become fatal for the old monetary unit.