USD/CHF

United States dollar (USD) to Swiss franc (CHF) exchange rate.

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Product Type: Currencies Market: Global
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Description:

United States dollar to Swiss franc (USD/CHF) is one of the most popular currency pairs in the foreign exchange market. The parity indicates how much of the Swiss franc is needed to buy one US dollar. For almost a century, the USD has been the sole dominant and de facto global currency. Most commodities including gold, silver and oil are priced in USD. Similarly, the Swiss franc (also called Swissie or Swissy) is an important currency, as it is the official currency of Switzerland, Lichtenstein, and Campione d'Italia (a small enclave in the south of Italy). Both Switzerland and the United States have advanced and powerful economies, ranking year-over-year among the top 10 worldwide. One of the main factors influencing the USD/CHF’s exchange rate and volume of trading is the difference in the interest and inflation rates of the US Federal Reserve and the Swiss National Bank (SNB), both of which are known for being conservative and risk-aversive.  

Interesting Facts:

  • Swiss franc is the 6th most frequently traded currency in the world, accounting for approximately 7% of global foreign exchange transactions.
  • USD/CHF is one of the top six most popular currency pairs in the world.
  • The United States’ economy is the world's largest and most influential. It is particularly dominant in the goods and service-producing sectors.
  • Switzerland’s economy is among the strongest and most trusted worldwide. It enjoys a long history of political stability, and has a tight monetary policy and bespoken neutrality, which make it an attractive and popular location for foreign investors.
  • The gross domestic product (GDP) per capita in Switzerland consistently ranks within the world's top 20 countries. Much of its financial success can be attributed to its extensive export activities which account for nearly 70% of the country’s GDP.
   

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