CHF/NZD: what to know
The CHF/NZD rate shows how much NZD you get for 1 CHF. Right now, 1 CHF buys 2.1061 NZD at the mid-market rate. In the other direction, 1 NZD is worth 0.4748 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while NZD responds to soft-commodity prices and 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 New Zealand Dollar (NZD) is issued by Reserve Bank of New Zealand. The New Zealand dollar is nicknamed the “Kiwi”, after the bird on the $1 coin.
Over the past 12 months the CHF/NZD rate has ranged between 2.0870 and 2.2307 — a change of +0.45% 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.