About this pair
RUB/CHF: what to know
The RUB/CHF rate shows how much CHF you get for 1 RUB. Right now, 1 RUB buys 0.0101 CHF at the mid-market rate. In the other direction, 1 CHF is worth 98.8104 RUB.
In the short term RUB is driven mainly by oil and gas prices and sanctions, while CHF responds to safe-haven demand and SNB policy.
The Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century. The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value.
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.