PLN 4.5396 was the franc exchange rate yesterday. This means that day to day the Swiss currency changed its value by: +0.0122 PLN, and on a weekly basis the change is: +0.0122 PLN.
Yesterday's franc exchange rate was PLN 4.5396. This means a day-to-day change of PLN +0.0122. Looking at the weekly perspective, the rate changed by PLN +0.0122.
The Swiss franc is a currency currently used in two countries: Switzerland and Liechtenstein, but due to its stability it has become one of the main freely convertible currencies around the world. Next to the dollar and euro, it is one of the basic safe currencies.
The history of the introduction of the franc into the territory of the Swiss Confederation dates back to 1850, when it displaced local currencies introduced by the French during the Napoleonic Wars.
It is worth mentioning that although the franc is officially a currency in only two countries, its use is much wider around the world. In recent years, many mortgage loans in Poland have been denominated in Swiss francs. Thanks to the low interest rates in Switzerland, such a loan was characterized by a lower loan installment. Unfortunately, after the Swiss National Bank raised interest rates, the installments on these loans also increased significantly.
