CHF/XPD: what to know
The CHF/XPD rate shows how much XPD you get for 1 CHF. Right now, 1 CHF buys 0.000964 XPD at the mid-market rate. In the other direction, 1 XPD is worth 1,037.18 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while XPD responds to auto demand and tight supply.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. Palladium is used mainly in petrol-engine catalytic converters.
Over the past 12 months the CHF/XPD rate has ranged between 0.000591 and 0.001147 — a change of -6.18% versus a year ago.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.