EUR/CHF: what to know
The EUR/CHF rate shows how much CHF you get for 1 EUR. Right now, 1 EUR buys 0.9330 CHF at the mid-market rate. In the other direction, 1 CHF is worth 1.0718 EUR.
In the short term EUR is driven mainly by ECB policy and eurozone growth, while CHF responds to safe-haven demand and SNB policy.
The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar. 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 EUR/CHF rate has ranged between 0.9008 and 0.9468 — a change of +0.12% 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.