CHF postion negative correlationCHF currency diagram

CHF (CHF)

Swiss franc

CHF gauge currency diagram

Current regime

Trading the CHF between market participants and across borders is unrestricted and the market price is primarily determined without central bank intervention.

Highly standardised payment processing.

History

The Swiss franc was introduced on 7 May 1850.

The Swiss franc was floated when the Bretton Woods agreement collapsed in 1971. A short-lived ceiling was implemented with the German mark in 1978 and then another ceiling with the EUR was implemented from 2011.

A floating exchange rate regime has been utilised since 15 January 2015 when the CHF EUR ceiling was discontinued. This led to rapid CHF appreciation.

The Swiss franc accounted for 5.0% of global FX turnover in April 2019.

https://www.snb.ch/en/

CHF gauge currency diagram