The currency used in Switzerland is the Swiss franc (CHF). The Swiss franc is one of the most stable currencies in the world and is subdivided into 100 centimes or Rappen. It serves as the official currency not only in Switzerland but also in the Principality of Liechtenstein. The Swiss National Bank (SNB) is responsible for issuing and regulating the currency. The Swiss franc is widely recognized for its strong value and is often used as a safe-haven currency in times of economic uncertainty. Its symbol is "Fr" or "CHF," the latter being derived from the Latin name for Switzerland, “Confoederatio Helvetica.”