CHF/EUR: what to know
The CHF/EUR rate shows how much EUR you get for 1 CHF. Right now, 1 CHF buys 1.0643 EUR at the mid-market rate. In the other direction, 1 EUR is worth 0.9396 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while EUR responds to ECB policy and eurozone 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 Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar.
Over the past 12 months the CHF/EUR rate has ranged between 1.0618 and 1.1101 — a change of +0.00% 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.