Which currency is often called the 'Swissie'?

Which currency is often called the “Swissie”? The answer is the Swiss franc.

The Swiss franc is the official currency of Switzerland and Liechtenstein, and its international currency code is CHF. The code comes from “Confoederatio Helvetica,” Switzerland’s Latin name, followed by “franc.” The Swiss National Bank issues the country’s banknotes, while Swissmint produces its coins.

“Swissie” is an informal English-language nickname used especially in foreign-exchange markets, where currency names are frequently shortened into familiar trading terms. It should not be confused with the Swedish krona, whose currency code is SEK, or the Norwegian krone, coded NOK. The Swiss franc is also distinct from the euro, although euros may be accepted in some Swiss tourist areas.

The franc is divided into 100 centimes in French, centesimi in Italian, or Rappen in German. Switzerland’s reputation for political stability and financial strength has often made the franc a sought-after “safe-haven” currency during periods of market stress.