Swiss Franc country flag

Swiss Franc

CHF

CHF
Turkish lira country flag

Turkish lira

TRY

₺
Swiss Franc
The Swiss franc or simply the franc, (currency code: CHF; symbols: Fr. and fr.) 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 the banknotes, and the federal mint Swissmint issues the coins. The ISO 4217 currency code, CHF, is derived from Confoederatio Helvetica, the official name of Switzerland in Latin; this is used due to the multilingual nature of Switzerland. "CHF" is sometimes also used internationally in place of a symbol. Each franc is divided into one hundred subunits, known as 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 national languages – is CHF; respective guides also request that the ISO 4217 code be used. The use of the abbreviations SFr. and fr.sv. are obsolete.
Turkish lira
The lira (Turkish: Türk lirası; sign: ₺; ISO 4217 code: TRY; abbreviation: TL) is the official currency of Turkey. It is also legal tender in the de facto state of the Turkish Republic of Northern Cyprus. One lira is divided into one hundred kuruş. The First Turkish lira could be further subdivided, where one kuruş was equal to 40 para. The current lira is the Second Turkish lira, having succeeded the first Turkish lira in 2005 which in turn succeeded the Ottoman lira in 1923. Since 2018 the Turkish lira has been in crisis, having plummeted in value following Turkish president Erdoğan's economic and political policies.