CHF/SGD: what to know
The CHF/SGD rate shows how much SGD you get for 1 CHF. Right now, 1 CHF buys 1.5622 SGD at the mid-market rate. In the other direction, 1 SGD is worth 0.6401 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while SGD responds to the MAS-managed currency basket.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par.
Over the past 12 months the CHF/SGD rate has ranged between 1.5596 and 1.6509 — a change of -3.19% 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.