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Chronicle of monetary events 1848–2010
Abbreviations
1848–1899
1900–1909
1910–1919
1920–1929
1930-1939
1940-1949
1950-1959
1960–1969
1970–1979
1980-1989
1990-1999
2000-2010
2011-2020
1920–1929
   
Date
Text
25.03.1920
Supplementary treaty to the treaty of monetary union concluded on 6 November 1885 (reciprocal nationalisation of Swiss and French silver divisional coins). RO 36 381, FF 1920 II 212.
18.06.1920
Federal Council Decree prohibiting the import of French silver divisional coins. RO 36 389.
01.07–30.09.1920
Withdrawal of French silver divisional coins. FF 1920 II 835.
04.10.1920
Federal Council Decree prohibiting the import of Latin Monetary Union silver five-franc coins. RO 36 619.
22.10.1920
Federal Council Decree on the withdrawal and redemption of federal cash office bills for CHF 5, CHF 10 and CHF 20. RO 36 721.
02.11.1920
Federal Council Decree prohibiting the import of Belgian silver divisional coins. RO 36 733.
28.12.1920
Federal Council Decrees on the withdrawal of Latin Monetary Union five-franc silver coins and Belgian silver coins. RO 37 52 and 53.
18.02.1921
Federal Decree on a temporary modification to arts. 19 and 20 of the Federal Act of 6 October 1905 on the Swiss National Bank (issue of CHF 10 banknote and inclusion of CHF 5 silver coins in the metal backing at the market value of their silver content). The decision is valid until 31 December 1923. RO 37 143. Federal Council Message dated 12 February 1921. FF 1921 I 221.
31.03.1921
Latin Monetary Union five-franc silver coins and Belgian silver divisional coins are withdrawn from circulation in Switzerland.
07.04.1921
Federal Act on the Swiss National Bank (complete revision). RO 37 581. Federal Council Message dated 26 December 1919. FF 1919 V 1043
13.06.1921
Repeal of Federal Council Decree dated 31 May 1918 prohibiting the export of Swiss banknotes, federal cash office notes and Swiss federal loans office bills. RO 37 481.
19.07.1921
Repeal of Federal Council Decrees of 1 February 1918, 9 July 1918 and 8 December 1919 prohibiting the melting down of bills. RO 37 569.
03.10.1921
Federal Council Decree repeals the right of the SNB to issue CHF 40 banknote. The SNB is still authorised to issue CHF 5 and CHF 20 banknotes. RO 37 689.
09.12.1921
Supplementary treaty to the international treaty of monetary union: covers the withdrawal of Latin Monetary Union five-franc coins and Belgian silver divisional coins. RO 38 448, FF 1922 I 77.
01.01.1922
Closure of the Zurich and Berne branch offices and integration into the Governing Board’s departments.
03.07.1922
Aarau branch office opened. Closure of the SNB agency run by the cantonal bank of Aargau.
27.09.1923
New art. 19bis added to the National Bank Act (inclusion in the metal backing of withdrawn foreign Latin Monetary Union five-franc coins at the market value of their silver content). RO 39 521. Federal Council Message dated 7 September 1923. FF 1923 III 782.
22.01.1924
Federal Council Decree ordering the closure of the (first) Swiss federal loans office. RO 40 17.
05.02.1924
Circular to the banks relating to Governing Board guidelines on discount policies. Financial and speculation instruments as well as bills that have no function in the Swiss economy are excluded from the discount.
05.12.1924
Repeal of the Federal Council Decree of 13 March 1915 prohibiting premium hunting with Latin Monetary Union gold and silver coins. RO 40 488.
17.06.1925
The SNB declares that it intends to hold the Swiss currency within the gold (import and export) points.
19.06.1925
Federal Act renewing, for the years 1927 to 1937, the SNB’s exclusive right to issue banknotes. RO 41 655. Federal Council Message dated 10 March 1925. FF 1925 I 713.
01.07.1925
Withdrawal of the interim banknotes issued in 1907 and the CHF 100 William Tell banknote issued in 1918.
31.08.1925
Federal Department of Economic Affairs directive on the issue of a general export permit for gold. RO 41 507.
24.12.1925
Belgium declares its withdrawal from the Latin Monetary Union with effect from the end of 1926. RO 42 24.
31.12.1926
Dissolution of the Latin Monetary Union.
08.02.–31.03.1927
Withdrawal of Latin Monetary Union gold coins, apart from the Swiss coins. FF 1927 I 118.
04.06.1928
Postulate put forward by national councillor Dr Meyer relating to the repeal of the obligatory banknote exchange rate and introduction of the gold standard.
01.08.1928
Repeal of the Federal Council Decree banning the export of gold. RO 44 49.
15.04.1929
Lugano branch office opened. Closure of the Lugano agency run by the bank of Italian-speaking Switzerland.
20.12.1929
Modification of the Federal Act of 7 April 1921 on the Swiss National Bank (conversion of banknotes into gold or gold exchange). RO 46 97. Federal Council Message dated 8 October 1929. FF 1929 III 97.
 
Note on the English translation: For official titles and designations see the German and French versions. The English translations provided here are for guidance only.