CHF/AUD: what to know
The CHF/AUD rate shows how much AUD you get for 1 CHF. Right now, 1 CHF buys 1.7172 AUD at the mid-market rate. In the other direction, 1 AUD is worth 0.5823 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while AUD responds to commodity prices and Chinese demand.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit.
Over the past 12 months the CHF/AUD rate has ranged between 1.7171 and 1.9445 — a change of -9.62% 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.