CHF/JPY
CHF/JPY is a currency pair that represents the Swiss Franc (CHF) and the Japanese Yen (JPY). It is one of the most popular currency pairs in the world, and is often used by traders and investors to speculate on the relative strength of the two currencies. The CHF/JPY rate is determined by the supply and demand of the two currencies in the foreign exchange market.
History of CHF/JPY
The Swiss Franc and the Japanese Yen have been traded against each other since the early 1900s. The Swiss Franc was first introduced in 1850, and the Japanese Yen was introduced in 1871. Since then, the two currencies have been closely linked, and the CHF/JPY rate has been used as a measure of the relative strength of the two currencies.
The CHF/JPY rate has been volatile over the years, and has been affected by a number of factors, including economic and political events. In recent years, the CHF/JPY rate has been affected by the Swiss National Bank’s decision to abandon its currency peg to the Euro in 2015, and the Bank of Japan’s decision to introduce negative interest rates in 2016.
CHF/JPY Comparison
| Date | CHF/JPY |
|---|---|
| January 1, 2020 | 117.45 |
| January 1, 2021 | 118.90 |
| January 1, 2022 | 120.35 |
Summary
CHF/JPY is a currency pair that represents the Swiss Franc and the Japanese Yen. It is one of the most popular currency pairs in the world, and is often used by traders and investors to speculate on the relative strength of the two currencies. The CHF/JPY rate is determined by the supply and demand of the two currencies in the foreign exchange market. For more information about CHF/JPY, you can visit websites such as Investopedia, Bloomberg, and Reuters.
See Also
- EUR/JPY
- USD/JPY
- GBP/JPY
- AUD/JPY
- CAD/JPY
- NZD/JPY
- CHF/USD
- CHF/EUR
- CHF/GBP
- CHF/CAD
