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CAD/CHF

Canadian dollar (CAD) to Swiss franc (CHF) exchange rate.

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Product Type: CurrenciesMarket: Global
Trading Hours:  24 hours, Mon-Fri.
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Description:

CAD/CHF reflects the value of the Canadian dollar (CAD) against the Swiss franc (CHF) or, in other words, the amount of francs needed to buy one dollar. CAD and CHF currencies both have a significant purchasing power and trading volume. Together, they represent the adjustments to the changing economic strengths of Canada and Switzerland – two of the world’s top ten richest countries. Among the factors affecting the CAD/CHF are the differences between the monetary policies and measures of the Bank of Canada and the Swiss National Bank, as well as the trading relationship between the two countries and each of their individually-strong global export sectors: Canada’s world-leading energy, forestry and mining sectors, on the one hand, and Switzerland’s immensely-popular machinery, chocolate and pharmaceutical sectors on the other.

Interesting Facts:

  • Both Canadian and Swiss currency are among the most frequently traded in the world. CAD/CHF is a top-20 currency pair.
  • Canada has the 9th largest economy in the world based on gross domestic product (GDP) and the 14th largest based on purchasing power parity (PPP). It is the world’s 5th largest energy producer, its 7th largest producer of crude oil and overall one of the richest countries in the world.
  • Switzerland has a peaceful, prosperous and safe market economy which enjoys a particularly low unemployment rate, a highly skilled labour force and one of the world’s top ten highest per capita GDP.
 
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