About this pair
CHF/CNH: what to know
The CHF/CNH rate shows how much CNH you get for 1 CHF. Right now, 1 CHF buys 8.3741 CNH at the mid-market rate. In the other direction, 1 CNH is worth 0.1194 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while CNH responds to sentiment toward China and offshore flows.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
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.