GBP/CHF: what to know
The GBP/CHF rate shows how much CHF you get for 1 GBP. Right now, 1 GBP buys 1.0872 CHF at the mid-market rate. In the other direction, 1 CHF is worth 0.9198 GBP.
In the short term GBP is driven mainly by Bank of England policy and the UK economy, while CHF responds to safe-haven demand and SNB policy.
The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years. 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 GBP/CHF rate has ranged between 1.0383 and 1.0935 — a change of +0.82% 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.