XPD/CHF: what to know
The XPD/CHF rate shows how much CHF you get for 1 XPD. Right now, 1 XPD buys 1,064.14 CHF at the mid-market rate. In the other direction, 1 CHF is worth 0.000939722 XPD.
In the short term XPD is driven mainly by auto demand and tight supply, while CHF responds to safe-haven demand and SNB policy.
Palladium is used mainly in petrol-engine catalytic converters. The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.