NZD/CHF: what to know
The NZD/CHF rate shows how much CHF you get for 1 NZD. Right now, 1 NZD buys 0.4748 CHF at the mid-market rate. In the other direction, 1 CHF is worth 2.1061 NZD.
In the short term NZD is driven mainly by soft-commodity prices and risk appetite, while CHF responds to safe-haven demand and SNB policy.
The New Zealand Dollar (NZD) is issued by Reserve Bank of New Zealand. The New Zealand dollar is nicknamed the “Kiwi”, after the bird on the $1 coin. 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 NZD/CHF rate has ranged between 0.4483 and 0.4792 — a change of -0.45% 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.