XPT/CHF: what to know
The XPT/CHF rate shows how much CHF you get for 1 XPT. Right now, 1 XPT buys 1,293.56 CHF at the mid-market rate. In the other direction, 1 CHF is worth 0.000773 XPT.
In the short term XPT is driven mainly by industrial (auto) demand and supply, while CHF responds to safe-haven demand and SNB policy.
Platinum is rarer than gold and vital for 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.
Over the past 12 months the XPT/CHF rate has ranged between 1,044.88 and 2,222.68 — a change of +8.76% versus a year ago.
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.