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Swiss Franc

The Swiss franc, or simply the franc, is the currency and legal tender of Switzerland and Liechtenstein. It is also legal tender in the Italian exclave of Campione d'Italia, which is surrounded by Swiss territory. The Swiss National Bank (SNB) issues banknotes and the federal mint Swissmint issues coins. It is also designated through the currency signs Fr. (in German), fr. (in French, Italian, and Romansh), or CHF (in any other language), which stands for Confoederatio Helvetica Franc. This acronym also serves as the ISO 4217 currency code, used by banks and financial institutions. The smaller denomination, a hundredth of a franc, is a Rappen (Rp.) in German, centime (c.) in French, centesimo (ct.) in Italian, and rap (rp.) in Romansh. The official symbols Fr. (in German) and fr. (in the Romance languages) are widely used by businesses and advertisers, including in English. However, according to Art. 1 SR/RS 941.101 of the federal law collection, the internationally official abbreviation – regardless of the national languages – is CHF, which is also to be used in English; respective guides also request that the ISO 4217 code be used. The use of SFr. for Swiss Franc and fr.sv. are outdated. As previously indicated, the Latinate "CH" stands for Confoederatio Helvetica; given the different languages used in Switzerland, Latin is used for language-neutral inscriptions on its coins.

Pound sterling

Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word pound is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Sterling banknotes issued by other jurisdictions are not regulated by the Bank of England; their governments guarantee convertibility at par. Historically, sterling was also used to varying degrees by the colonies and territories of the British Empire.