15/01/2015: Removal of Minimum Exchange Rate
The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.
06/09/2011: Implementation of Minimum Exchange Rate
The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.
06/10/2008: Serbia applies for EU membership
Serbia officially applied for membership in the European Union, which could potentially impact the future of the Serbian Dinar as Serbia aligns with EU policies.
03/06/2006: Montenegro adopts the Euro
Montenegro unilaterally adopted the Euro as its official currency, while Serbia continued to use the Serbian Dinar.
01/07/2003: Introduction of the Serbian Dinar
After the state union with Montenegro dissolved, Serbia reintroduced the Serbian Dinar as its national currency, replacing the New Dinar.
13/09/1999: Introduction of Euro
Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.
01/04/1992: Introduction of the New Dinar
Due to the breakup of Yugoslavia, Serbia introduced the New Dinar as its currency, replacing the Yugoslav Dinar.
08/05/1973: Floatation of Swiss Franc
Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.
20/10/1944: Introduction of the Yugoslav Dinar
The Yugoslav Dinar was introduced, replacing the former currency in circulation, including the Serbian Dinar.
01/05/1936: Introduction of Swiss National Bank
The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).
01/11/1918: Merger with the Yugoslav Dinar
After World War I, the Serbian Dinar merged with the Yugoslav Dinar to form a unified currency for the Kingdom of Serbs, Croats, and Slovenes.
24/11/1907: Gold Standard Referendum
Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.
24/04/1868: Introduction of Serbian Dinar
The Serbian Dinar was introduced as the official currency of Serbia to replace the Ottoman akçe.
06/06/1850: Currency Act of 1850
The Swiss franc (CHF) was introduced as the official currency of Switzerland.