CHF/CNY: what to know
The CHF/CNY rate shows how much CNY you get for 1 CHF. Right now, 1 CHF buys 8.2159 CNY at the mid-market rate. In the other direction, 1 CNY is worth 0.1217 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while CNY responds to PBoC decisions and Chinese growth.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen.
Over the past 12 months the CHF/CNY rate has ranged between 8.2572 and 9.0538 — a change of -7.51% 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.