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.

    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