USD/CHF: What is it?
USD/CHF is a currency pair that represents the exchange rate between the United States Dollar (USD) and the Swiss Franc (CHF). It is one of the most traded currency pairs in the world, and is often used as a benchmark for other currency pairs. The USD/CHF rate is determined by the supply and demand of the two currencies, and is affected by a variety of economic and political factors.
History of USD/CHF
The USD/CHF currency pair has a long history, dating back to the early 19th century. The Swiss Franc was first introduced in 1848, and the USD/CHF rate was established in 1875. Since then, the pair has been traded on the foreign exchange market, and is now one of the most popular currency pairs in the world.
The USD/CHF rate is affected by a variety of economic and political factors, including the strength of the US economy, the strength of the Swiss economy, and the relative strength of the US Dollar and Swiss Franc. In addition, the USD/CHF rate is also affected by geopolitical events, such as wars, political unrest, and natural disasters.
USD/CHF Comparison Table
| Date | USD/CHF |
|---|---|
| January 1, 2020 | 0.97 |
| February 1, 2020 | 0.98 |
| March 1, 2020 | 0.99 |
| April 1, 2020 | 1.00 |
Summary
USD/CHF is a currency pair that represents the exchange rate between the United States Dollar (USD) and the Swiss Franc (CHF). It is one of the most traded currency pairs in the world, and is often used as a benchmark for other currency pairs. The USD/CHF rate is determined by the supply and demand of the two currencies, and is affected by a variety of economic and political factors. For more information about USD/CHF, you can visit websites such as Investopedia, Bloomberg, and the Swiss National Bank.
See Also
- EUR/USD
- GBP/USD
- AUD/USD
- CAD/USD
- JPY/USD
- NZD/USD
- CHF/JPY
- EUR/CHF
- GBP/CHF
- AUD/CHF
