About this pair
CHF/RUB: what to know
The CHF/RUB rate shows how much RUB you get for 1 CHF. Right now, 1 CHF buys 98.7048 RUB at the mid-market rate. In the other direction, 1 RUB is worth 0.0101 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while RUB responds to oil and gas prices and sanctions.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. The Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century.
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.