Convert British Pound to Swiss Franc

100 British Pound (GBP) = 124.53 Swiss Franc (CHF)

Monday, February 20, 2017 1:43 AM

100 GBP =
124.53 CHF

GBPCHF graph

Currencies rates online for British Pound (GBP) to Swiss Franc (CHF).

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In order to convert currencies, please go to Swiss Franc (CHF) to British Pound (GBP).

The currency converter uses the latest Forex exchange rates.


GBP – British pound

The pound sterling (symbol: £; currency code: GBP) is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory and Tristan da Cunha. One (1) pound is equal to one hundred (100) pence.

The pound sterling is the third largest reserve currency in the world, behind the U.S. dollar and the euro, and one of the most commonly converted currencies. It is also the fourth most traded currency in the forex market, after the U.S. dollar, the euro and the Japanese yen. It is issued by the Bank of England.

Background:
The pound sterling is the oldest currency in the world that is still in use, with the pound being a unit of account in Anglo-Saxon England. The Bank of England was founded in 1694 and began to issue paper money in the same year.


CHF – Swiss franc

The franc (symbol: CHF; currency code: CHF) is the official currency of Switzerland and Liechtenstein. One (1) franc is subdivided into one hundred (100) units, with one hundredth of a franc called a rappen (German), centime (French), centesimo (Italian) and rap (Romansh).

Historically, the Swiss franc is regarded as a safe-haven currency with almost no inflation. It is often used as a global reserve currency and is the sixth most traded currency in the world.

Background
Prior to 1798, approximately 860 different coins were in circulation in Switzerland. The Helvetic Republic introduced a currency based on the Berne thaler in 1798, which lasted until the end of the Helvetic Republic in 1803. The franc was introduced as the monetary unit of Switzerland following the first Federal Coinage Act in 1850 and replaced the different currencies of the Swiss cantons.