Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
Start trading without
any investments and risks
WITH NEW STARTUP
BONUS 1000$
GET BONUS
55%
from InstaForex
on every deposit
  • Amazed
  • Amused
  • Angelic
  • Angry
  • Asleep
  • Bashul
  • Bitchy
  • Blah
  • Bored
  • Breezy
  • Brooding
  • Busy
  • Buzzed
  • Chatty
  • Cheeky
  • Cheerful
  • Cold
  • Confused
  • Cool
  • Crappy
  • Cynical
  • Daring
  • Dead
  • Devilish
  • Doh
  • Doubtful
  • Drunk
  • Fine
  • Flirty
  • Goofy
  • Grumpy
  • Happy
  • Hot
  • Hungover
  • Innocent
  • Inspired
  • In_Love
  • Lonely
  • Lurking
  • Mellow
  • Paranoid
  • Pensive
  • Psychedelic
  • Relaxed
  • Sad
  • Scared
  • Shocked
  • Sick
  • Sleepy
  • Sneaky
  • Stresses
  • Tired
  • Twisted
  • Worried
  • Yeehaw
  • Reply to thread
    Results 1 to 9 of 9

    Thread: Why is Swiss Franc called "CHF" on the Forex market?

    1. #1
      My pips hand is weak
      I am:
      Sick
       
      won_1983 is an unknown quantity at this point won_1983's Avatar
      Posts
      141
      Accumulated bonus
      26 USD (What is this?)
      Thanks
      0
      Thanked 1 Time in 1 Post

      Smile Why is Swiss Franc called "CHF" on the Forex market?

      Hello as what i say in title : Why is Swiss Franc called "CHF" on the Forex market?

      For example :

      Swiss Franc CHF
      German mark DEM
      British pound GBP
      Japanese yen JPY
      Canadian dollar CAD
      Australian dollar AUD


    2. #2
      MT5 Veteran
      I am:
      Lonely
       
      maklad94 has a spectacular aura about maklad94 has a spectacular aura about maklad94's Avatar
      Posts
      3,839
      Accumulated bonus
      865 USD (What is this?)
      Thanks
      31
      Thanked 181 Times in 80 Posts

      Default

      I think all of these are abbreviations to something in the currency or in the country of it .. And here is some important information about it
      :

      The swiss franc was officially recognized as Switzerland's currency in May of 1850. It replaced several currencies issued by the different states of the federal states of Switzerland, known as the cantons of Switzerland. This was done by the Swiss federal government in order to simplify the complex monetary system. The abbreviation "CHF" is derived from the Latin name of the country, "Confoederatio Helvetica".


    3. The Following User Says Thank You to maklad94 For This Useful Post:

      MT5 luz3rrul3z (06-04-2012)

    4. #3
      FX Zombie
      I am:
      Amused
       
      MT5 luz3rrul3z has a brilliant future MT5 luz3rrul3z has a brilliant future MT5 luz3rrul3z has a brilliant future MT5 luz3rrul3z has a brilliant future MT5 luz3rrul3z has a brilliant future MT5 luz3rrul3z has a brilliant future MT5 luz3rrul3z has a brilliant future MT5 luz3rrul3z has a brilliant future MT5 luz3rrul3z has a brilliant future MT5 luz3rrul3z has a brilliant future MT5 luz3rrul3z has a brilliant future MT5 luz3rrul3z's Avatar
      Posts
      2,406
      Accumulated bonus
      773 USD (What is this?)
      Thanks
      4,894
      Thanked 1,629 Times in 770 Posts
       Black Frame Talent: Daily Contest of Demotivators on MT5.com Forum

      Default

      Well, this is a good question. I like the way you do research about currencies. But do more research on how can you trade those currencies in a profitable way. I think my wise friend maklad 94 answered the question very well. Confoederatio Helvetica Franc=CHF. Even you could find the information from google. Best of luck anyways.


    5. #4
      MT5 Resident
      I am:
      Cheerful
       
      MT5 venki is a glorious beacon of light MT5 venki is a glorious beacon of light MT5 venki is a glorious beacon of light MT5 venki is a glorious beacon of light MT5 venki is a glorious beacon of light MT5 venki is a glorious beacon of light MT5 venki's Avatar
      Posts
      6,336
      Accumulated bonus
      1337 USD (What is this?)
      Thanks
      719
      Thanked 547 Times in 435 Posts

      Default

      Quote Originally Posted by won_1983     
      Why is Swiss Franc called "CHF" on the Forex market?

      Hello as what i say in title : Why is Swiss Franc called "CHF" on the Forex market?

      For example :

      Swiss Franc CHF
      German mark DEM
      British pound GBP
      Japanese yen JPY
      Canadian dollar CAD
      Australian dollar AUD
      It may be the currency of Switzerland, like united states dollar USD. Well that's good question. The expansion for chf is confederation. May be i am wrong. Chf is the iso currency code.
      venki


    6. #5
      Where am I?
      I am:
      ----
       
      agusb is an unknown quantity at this point agusb's Avatar
      Posts
      19
      Accumulated bonus
      4 USD (What is this?)
      Thanks
      2
      Thanked 0 Times in 0 Posts

      Default

      maybe it's just to help us in using the current transaction, so it can be said just as a symbol in the trade, such as Indonesia and the rupee upiah india .. it does not matter a vital value and its conversion


    7. #6
      FX Vampire
      I am:
      ----
       
      kazura is on a distinguished road kazura's Avatar
      Posts
      1,704
      Accumulated bonus
      362 USD (What is this?)
      Thanks
      0
      Thanked 43 Times in 19 Posts

      Default

      I think it has become the identity of swiss currency. so every country has the identity that is easily recognizable currency that can be used for transactions or exchange.


    8. #7
      Banned
      I am:
      ----
       
      chukky55 is on a distinguished road chukky55's Avatar
      Posts
      1,324
      Accumulated bonus
      285 USD (What is this?)
      Thanks
      0
      Thanked 14 Times in 11 Posts

      Default

      This are forex terminologies to give it a unique name,though it sounds like an abbreviation,a lame man out there who dont know about forex when you speak it sounds strange to him.


    9. #8
      Banned
      I am:
      ----
       
      zoom is an unknown quantity at this point zoom's Avatar
      Posts
      212
      Accumulated bonus
      42 USD (What is this?)
      Thanks
      0
      Thanked 1 Time in 1 Post

      Default

      oh sure of off course This was done by the Swiss federal government in order to simplify the complex monetary system. The abbreviation "CHF" is derived from the Latin name of the country, "Confederation Helvetian".


    10. Dragon
    11. #9
      Banned
      I am:
      ----
       
      train is an unknown quantity at this point train's Avatar
      Posts
      195
      Accumulated bonus
      33 USD (What is this?)
      Thanks
      0
      Thanked 1 Time in 1 Post

      Default

      it is negligent . I think my wise friend maklad 94 answered the question very well. Confoederatio Helvetica Franc=CHF. Even you could find the information from google. Best of luck anyways.


    Reply to thread

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts