GBP/CHF
GBP/CHF is a currency pair that represents the exchange rate between the British pound (GBP) and the Swiss franc (CHF). It is one of the most traded currency pairs in the world, and is often used by traders and investors to hedge against currency risk. The GBP/CHF rate is determined by the supply and demand of the two currencies in the market, and is affected by a variety of economic and political factors.
History of GBP/CHF
The GBP/CHF currency pair has a long history, dating back to the early days of the Swiss franc. The Swiss franc was first introduced in 1798, and was initially pegged to the French franc. In 1848, the Swiss franc was re-pegged to the British pound, and the GBP/CHF currency pair was born. Since then, the pair has been subject to a variety of economic and political factors, including the Swiss National Bank’s (SNB) monetary policy, the UK’s Brexit negotiations, and the global economy.
Comparison Table
| Date | GBP/CHF |
|---|---|
| January 1, 2020 | 1.20 |
| January 1, 2021 | 1.25 |
| January 1, 2022 | 1.30 |
Summary
GBP/CHF is a currency pair that represents the exchange rate between the British pound and the Swiss franc. It is one of the most traded currency pairs in the world, and is often used by traders and investors to hedge against currency risk. The GBP/CHF rate is determined by the supply and demand of the two currencies in the market, and is affected by a variety of economic and political factors. For more information about this currency pair, you can visit websites such as Investopedia, Bloomberg, and the Bank of England.
See Also
- EUR/CHF
- USD/CHF
- GBP/USD
- GBP/EUR
- Currency Exchange Rate
- Currency Hedging
- Foreign Exchange Market
- Swiss National Bank
- Brexit
- Global Economy
