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base info NEAR Protocol

NEAR Protocol to Swiss Franc Converter and calculator

Convert 1NEAR Protocol (NEAR) to Swiss Franc (CHF) equals Fr 5.7 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of NEAR Protocol(NEAR) to Swiss Franc(CHF). This is the real-time data. The current conversion shows 1 NEAR at a value of 1 NEAR for 5.70 CHF . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

CHF information

About the Swiss Franc (CHF)

What Is the Swiss Franc (CHF)?

The Swiss Franc, with the international currency code CHF (Confoederatio Helvetica Franc), is the legal tender of Switzerland and the Principality of Liechtenstein. The term "Confoederatio Helvetica" is Latin for the Swiss Confederation, reflecting Switzerland's multilingual diversity, which includes German, French, Italian, and Romansh. The currency symbol for the Swiss Franc is either "Fr." or "SFr."

The Swiss Franc (CHF) is issued by the Swiss National Bank (SNB), which serves as the central bank of Switzerland. Established in 1907, the SNB is responsible for the country's monetary policy and for ensuring the stability of the national currency. Its primary objectives include maintaining price stability while taking into account the economic situation of the country. The Swiss National Bank is responsible for issuing banknotes, while coins are issued by the federal mint, Swissmint.

What Is the History of CHF?

The Swiss Franc (CHF), established in 1850, marked a pivotal moment in Switzerland's economic history, unifying a diverse array of cantonal and regional currencies under one national standard. This move was a direct consequence of the Swiss Federal Constitution of 1848, which centralized monetary authority and paved the way for a cohesive financial system. Before the Franc, Switzerland's monetary landscape was fragmented, with various regions issuing their own thalers, guilders, and other local coins, complicating trade and economic interactions. The introduction of the Swiss Franc, inspired by the French decimal system, streamlined transactions and bolstered economic stability, offering a uniform currency that facilitated commerce and integration within the burgeoning Swiss Confederation.

Over the years, the Swiss Franc has undergone several transformations, reflecting the shifting tides of economic policies and global standards. Initially pegged to the French Franc, it later transitioned through various gold and silver standards, mirroring the prevalent economic practices of different eras. The 20th century, particularly post-World War II, saw the Swiss Franc emerge as a symbol of stability and security, underpinned by Switzerland's neutrality during the wars, its resilient economy, and conservative monetary policies. The Franc's reputation as a safe-haven currency, sought after in times of global economic turmoil, is a testament to Switzerland's strong banking sector, low inflation rates, and sound fiscal management. Today, the Swiss Franc stands as one of the world's most stable currencies, embodying Switzerland's economic prudence and the effective stewardship of its financial institutions.

Notes and Coins of CHF

Swiss Franc banknotes and coins are renowned for their distinctive designs, which reflect Switzerland's cultural heritage and history. The banknotes are particularly notable for their artistic value and security features. Coins come in denominations of 5, 10, 20, and 50 centimes (cents), as well as 1, 2, and 5 Francs, while banknotes are issued in denominations of 10, 20, 50, 100, 200, and 1,000 Francs.

Why Is CHF Considered the Most Stable Currency?

The Swiss Franc (CHF) is widely recognized as one of the most stable currencies globally, a distinction that stems from a unique blend of Switzerland's economic strength and political stability. At the heart of this stability lies Switzerland's diversified and robust economy, characterized by key sectors like finance, pharmaceuticals, manufacturing, and technology. This economic diversity shields the country from sector-specific downturns, thereby lending remarkable stability to its currency. Complementing this is Switzerland's political landscape, marked by a longstanding tradition of neutrality and a stable, democratic government. These factors not only foster domestic economic resilience but also make Switzerland, and by extension the CHF, a safe haven for international investors, especially during global uncertainties.

The Swiss National Bank (SNB) plays a pivotal role in maintaining the CHF's stability through its conservative monetary policies aimed at keeping inflation low and ensuring price stability. Switzerland's banking system, renowned for its security and privacy, further bolsters this stability. Additionally, the country's low debt-to-GDP ratio reflects a strong fiscal discipline, enhancing investor confidence in the Swiss economy and its currency. The CHF's role as a safe-haven currency is cemented during times of global economic distress, when investors flock to it for its reliability. This demand, coupled with Switzerland's significant role in international trade and investment, particularly in commodities trading, further solidifies the Swiss Franc's position as a paragon of currency stability.

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Bitget crypto-to-fiat exchange data shows that the most popular NEAR Protocol currency pair is the NEAR to CHF, with for NEAR Protocol's currency code being NEAR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for CHF.

NEAR to CHF conversion rate trend

1D7D1M3M1YAll
In the past 1D, NEAR Protocol has changed +10.66% to CHF. Based on the trend and price charts, NEAR Protocol(NEAR) has changed +10.66% to CHF while Swiss Franc(CHF) has changed % to NEAR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Fr5.71
0.0001% / 0.0004%vip-iconVIP
Binance
Fr5.71
0.1000% / 0.1000%
Yes
Coinbase Exchange
Fr5.68
0.1000% / 0.1000%
Yes
OKX
Fr5.71
0.080% / 0.100%
Yes
Huobi
Fr5.71
0.1000% / 0.1000%
Yes
Gate.io
Fr5.71
0.1000% / 0.1000%
Yes
Bybit
Fr5.7
0.1000% / 0.1000%
Yes
KuCoin
Fr5.71
0.1000% / 0.1000%
Yes
Bitfinex
Fr5.7
0.1000% / 0.1000%
Yes
Last updated 2024/04/21 02:00:37(UTC+0)

What factors influence the conversion rate of NEAR Protocol to Swiss Franc?

NEAR Protocol to Swiss Franc is rising this week.
NEAR Protocol's current market price is Fr 5.7 per NEAR, with a total market cap of Fr 6,064,349,377.64 CHF based on a circulating supply of 1,064,408,260 NEAR. The trading volume of NEAR Protocol has changed by -28.21% (Fr -132,362,696.19 CHF) in the last 24 hours. Last trading day, NEAR's trading volume was Fr 469,176,604.7.
Market cap
$6.66B
24h volume
$369.92M
Circulating supply
1.06B NEAR

Conversion tables

The exchange rate of NEAR Protocol is increasing.
1 NEAR is currently valued at Fr 5.7 CHF , which means buying 5 NEAR will cost Fr 28.49 CHF . Similarly, Fr1 CHF can be traded for 0.1755 NEAR, and Fr50 CHF can be converted to 8.78 NEAR, excluding any platform or gas fees.
The exchange rate of 1 NEAR to Swiss Franc has changed by +22.46% in the last 7 days. In the last 24 hours, the rate has fluctuated by +10.66%, reaching a high of 5.76 CHF and a low of 5.07 CHF . One month ago, the value of 1 NEAR was Fr 5.69 CHF , which represents a +0.11% change from its current value. Over the last year, NEAR Protocol has changed by
+Fr
0.3084CHF
, resulting in a change of +226.22% in its value.

NEAR to CHF

Amount
02:14 am today
0.5 NEAR
Fr2.85
1 NEAR
Fr5.7
5 NEAR
Fr28.49
10 NEAR
Fr56.97
50 NEAR
Fr284.87
100 NEAR
Fr569.74
500 NEAR
Fr2,848.7
1000 NEAR
Fr5,697.39

CHF to NEAR

Amount02:14 am today
0.5CHF0.08776  NEAR
1CHF0.1755  NEAR
5CHF0.8776  NEAR
10CHF1.76  NEAR
50CHF8.78  NEAR
100CHF17.55  NEAR
500CHF87.76  NEAR
1000CHF175.52  NEAR
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Today vs. 24 hours ago

Amount02:14 am today24 hours ago24h change
0.5 NEAR$3.13$2.83
+10.66%
1 NEAR$6.26$5.65
+10.66%
5 NEAR$31.29$28.27
+10.66%
10 NEAR$62.57$56.55
+10.66%
50 NEAR$312.87$282.74
+10.66%
100 NEAR$625.74$565.48
+10.66%
500 NEAR$3,128.72$2,827.42
+10.66%
1000 NEAR$6,257.43$5,654.84
+10.66%

Today vs. 1 month ago

Amount02:14 am today1 month ago1M change
0.5 NEAR$3.13$3.13
+0.11%
1 NEAR$6.26$6.25
+0.11%
5 NEAR$31.29$31.25
+0.11%
10 NEAR$62.57$62.51
+0.11%
50 NEAR$312.87$312.53
+0.11%
100 NEAR$625.74$625.06
+0.11%
500 NEAR$3,128.72$3,125.32
+0.11%
1000 NEAR$6,257.43$6,250.64
+0.11%

Today vs. 1 year ago

Amount02:14 am today1 year ago1Y change
0.5 NEAR$3.13$0.9593
+226.22%
1 NEAR$6.26$1.92
+226.22%
5 NEAR$31.29$9.59
+226.22%
10 NEAR$62.57$19.19
+226.22%
50 NEAR$312.87$95.93
+226.22%
100 NEAR$625.74$191.87
+226.22%
500 NEAR$3,128.72$959.35
+226.22%
1000 NEAR$6,257.43$1,918.69
+226.22%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.