CHF/JPY: what to know
The CHF/JPY rate shows how much JPY you get for 1 CHF. Right now, 1 CHF buys 189.6254 JPY at the mid-market rate. In the other direction, 1 JPY is worth 0.00527356 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while JPY responds to Bank of Japan policy and global risk appetite.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”.
Over the past 12 months the CHF/JPY rate has ranged between 187.8674 and 204.0360 — a change of -0.32% 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.