USD/CHF: what to know
The USD/CHF rate shows how much CHF you get for 1 USD. Right now, 1 USD buys 0.8075 CHF at the mid-market rate. In the other direction, 1 CHF is worth 1.2383 USD.
In the short term USD is driven mainly by Fed policy, US growth and global risk appetite, while CHF responds to safe-haven demand and SNB policy.
The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars. 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 USD/CHF rate has ranged between 0.7670 and 0.8195 — a change of +0.59% 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.