Answer:
History
In 1848, Switzerland declared that the Federal Government of Switzerland will be the official issuer of the Swiss Franc.
In 1850, the first Swiss Franc was introduced; it was on par with the French Franc.
In 1865, Switzerland became part of the Latin Monetary Union, which consisted of France, Italy, Switzerland, and Belgium.
Switzerland decided to become part of the Brent Wood System in 1945. The Franc was pegged to the US Dollar at 4.375 Francs = 1 USD.
From 2003 to 2006, the Swiss Franc was stable against the Euro.
In 2008, the Swiss Franc was valued higher than the USD.
In 2010, the 9th series of Francs was introduced.
In 2011, the European Union stated that the “Franc is a threat to the economy” and this caused the Franc to plunge