CNY/CHF: what to know
The CNY/CHF rate shows how much CHF you get for 1 CNY. Right now, 1 CNY buys 0.1204 CHF at the mid-market rate. In the other direction, 1 CHF is worth 8.3087 CNY.
In the short term CNY is driven mainly by PBoC decisions and Chinese growth, while CHF responds to safe-haven demand and SNB policy.
The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen. The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value.
Over the past 12 months the CNY/CHF rate has ranged between 0.1105 and 0.1211 — a change of +6.85% 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.