CHF/GBP: what to know
The CHF/GBP rate shows how much GBP you get for 1 CHF. Right now, 1 CHF buys 0.9198 GBP at the mid-market rate. In the other direction, 1 GBP is worth 1.0872 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while GBP responds to Bank of England policy and the UK economy.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years.
Over the past 12 months the CHF/GBP rate has ranged between 0.9145 and 0.9631 — a change of -0.81% 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.