1 RMB (Chinese Yuan Renminbi - CNY) is approximately equal to 0.1537 CHF (Swiss Franc). Swiss Franc is the official currency of Switzerland. The ISO code of the currency is CHF and the symbols used are CHF, SFr. (old). Swiss Franc is was introduced in 1850 to replace French Franc. European nation in 2011 gave a statement that 'Franc is a threat to the economy' which caused the Franc to plunge. The economy of the country depends on tourism, watches, chemicals, textiles, machinery, and precision instruments.