100 Years of the Swiss Franc

One year after the Principality joined the Swiss customs territory in 1923 under what is known as the Customs Treaty, the Swiss franc was introduced as the legal currency in Liechtenstein.

Due to its close ties with Austria, the small state was hit hard economically by the effects of the First World War. Among other things, the value of the Austrian krone, Liechtenstein’s currency at the time, plummeted. As a result, the Swiss franc gradually gained acceptance as a means of payment among the population and businesses as early as around 1920.

A first political step towards the new currency was the introduction of taxes and fees in Swiss francs which was followed by the postal treaty and the issue of Liechtenstein stamps in Swiss franc denominations. From 1922, the national accounts were only kept in Swiss francs. Finally, in April 1924, the new currency was formally introduced by parliament, the Landtag.

We are commemorating this economically and socially significant event with our "Helvetia" souvenir sheet (face value: CHF 3.90) with elegant gold foil embossing. For the first time since 2019, this stamp issue includes six new coins, which will also be issued to mark the occasion.