About the currency
The Swiss franc is Switzerland’s currency and is also used in Liechtenstein. The Swiss National Bank is responsible for monetary policy. The franc trades separately from the euro, so changes in CHF do not mirror movements in the euro one for one.
The franc to hryvnia rate is affected by Swiss central bank decisions, inflation and international demand for francs during periods of uncertainty, as well as conditions in Ukraine. CHF may be needed for education, medical care, travel or payments in Switzerland. Some savers use it to spread holdings across currencies, but exchange rate fluctuations and conversion costs still apply.
