EUR/CHF
EUR/CHF is the currency pair of the Euro and the Swiss Franc. It is one of the most traded currency pairs in the world, and is often used as a safe haven for investors. The Euro is the official currency of the European Union, while the Swiss Franc is the official currency of Switzerland. The pair is often used to hedge against risk, as the Swiss Franc is considered to be a safe haven currency.
History of EUR/CHF
The Euro was introduced in 1999, and the Swiss Franc was introduced in 1850. The pair was first traded in 2002, when the Euro was first introduced. Since then, the pair has become one of the most traded currency pairs in the world. The pair is often used as a hedge against risk, as the Swiss Franc is considered to be a safe haven currency.
Comparison of EUR/CHF
| Currency | Value |
|---|---|
| EUR/CHF | 1.09 |
| USD/CHF | 0.91 |
| GBP/CHF | 1.20 |
Summary
EUR/CHF is one of the most traded currency pairs in the world, and is often used as a safe haven for investors. The pair is often used to hedge against risk, as the Swiss Franc is considered to be a safe haven currency. For more information about this term, you can visit websites such as Investopedia, Bloomberg, and the European Central Bank.
See Also
- USD/CHF
- GBP/CHF
- EUR/USD
- USD/JPY
- GBP/USD
- AUD/USD
- CAD/CHF
- NZD/CHF
- EUR/JPY
- AUD/CHF
