Swiss Franc (CHF)

    By
    Andrey Orlov
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    Swiss francThe Swiss franc is the official currency of Switzerland and Liechtenstein.

    Currency symbol: ₣
    Currency shortcut: CHF

    Trading the Swiss Franc

    The Swiss franc is considered to be a safe haven currency because of its flexible exchange rate and high stability. As a result, there is a negative correlation under normal market conditions between the stock market and the Swiss franc. When there is a period of economic turmoil, investors seek to put capital into the Swiss franc to protect it. Find out more about correlating markets in our relevant lesson.

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    The most traded currency pairs containing the Swiss franc are:

    US dollar and Swiss franc: CHF/USD
    euro and Swiss franc: EUR/CHF
    Swiss franc and Japanese yen: CHF/JPY
    British pound and Swiss franc: GBP/CHF
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