Does Switzerland use the Euro?
Quick Answer
As of 2014, Switzerland's currency is the Swiss franc, not the euro. Because the countries surrounding Switzerland use the euro, many businesses, especially those near the country's borders, accept euros.
Continue Reading
Full Answer
The Swiss franc is the currency of Switzerland and Liechtenstein, the only two European countries that still use francs. Switzerland isn't a member of the European Union (EU). Not all EU member countries use the euro, and some countries that use the euro aren't members of the EU. Although the United Kingdom, Denmark and Sweden are EU members, they have retained their own currencies as of 2014. Andorra, Kosovo and Monaco use the euro but aren't EU members. In 1999, 11 countries adopted the euro, and the first coins and banknotes appeared in 2002.
Learn more about Currency & ConversionsRelated Questions
-
Q:
What was the German currency before the euro?
A: The German currency before the euro was the Deutsche mark or German mark. One mark was divided into 100 pfennig, just as one euro is divided into 100 cents... Full Answer >Filed Under: -
Q:
What are the differences between the U.S. dollar vs. the euro?
A: The U.S. dollar is the official currency of the United States, whereas the euro is the official currency of the Eurozone, which consists of 18 member state... Full Answer >Filed Under: -
Q:
What does the euro currency look like, and what does the currency represent?
A: The Euro, which is the legal currency of 18 members of the European Union, includes bank notes, which are identical for each nation, and coins, which have ... Full Answer >Filed Under: -
Q:
How do you find a Euro to dollar chart?
A: Viewing a price comparison chart between the Euro and the dollar requires a currency calculator. There are many sites, such as X-rate.com and fx-rate.com, ... Full Answer >Filed Under:
