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.
07/11/2013: Change in banknote design and security features
The Bank of Canada introduced new polymer banknotes with enhanced security features and redesigned motifs, replacing the paper-based notes in circulation since 1935.
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.
13/09/1999: Introduction of Euro
Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.
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.
15/08/1971: Canada switches to a floating exchange rate
Canada abandoned its fixed exchange rate system and adopted a floating exchange rate, allowing the value of the Canadian dollar to fluctuate in response to market forces.
01/03/1950: Introduction of the Canadian dollar's decimalization
Canada adopted a decimal currency system, dividing the dollar into 100 cents, replacing the previous system based on pounds, shillings, and pence.
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).
01/01/1933: Currency depreciation during the Great Depression
The Canadian dollar experienced significant depreciation during the Great Depression due to economic uncertainty and a decrease in international trade.
02/01/1914: Introduction of the Canadian Dollar Act
The Canadian Dollar Act established the Canadian dollar as the sole currency of Canada and gave the government control over its issuance.
24/11/1907: Gold Standard Referendum
Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.
01/01/1858: Introduction of the Canadian dollar
The Canadian pound was replaced by the Canadian dollar as the official currency of Canada, helping to unify the currency across the country.
06/06/1850: Currency Act of 1850
The Swiss franc (CHF) was introduced as the official currency of Switzerland.
01/01/1841: Introduction of the Canadian pound
The first Canadian currency was the Canadian pound, which was introduced to replace British pounds in the Province of Canada.