AUD/CHF: what to know
The AUD/CHF rate shows how much CHF you get for 1 AUD. Right now, 1 AUD buys 0.5821 CHF at the mid-market rate. In the other direction, 1 CHF is worth 1.7178 AUD.
In the short term AUD is driven mainly by commodity prices and Chinese demand, while CHF responds to safe-haven demand and SNB policy.
The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit. The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value.
Over the past 12 months the AUD/CHF rate has ranged between 0.5143 and 0.5824 — a change of +10.65% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.