CHF/USD: what to know
The CHF/USD rate shows how much USD you get for 1 CHF. Right now, 1 CHF buys 1.2366 USD at the mid-market rate. In the other direction, 1 USD is worth 0.8087 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while USD responds to Fed policy, US growth 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 US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars.
Over the past 12 months the CHF/USD rate has ranged between 1.2246 and 1.3037 — a change of -1.01% 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.