The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein. It is an important currency in the global financial markets, as Switzerland is known for its stable and prosperous economy. As a result, the CHF is seen as a safe-haven currency, and is often sought out by investors during times of uncertainty. The Swiss Franc is also seen as a reliable store of value, and is used as a base currency for many investments. Its stability and low volatility make it attractive to both long-term and short-term investors, who use the CHF to hedge against other more volatile currencies, and to help diversify their portfolios.