GBPCHF exchange rate

GBP/CHF

1.06189 CHF

+0 (+0.23%)

1MN

GBPCHF Key Statistics

Open price

1.05925

High today

1.06372

Low today

1.05832

52 Week high

1.09595

52 Week low

1.02851

Trading hours

-12:00

-11:00

-10:00

-09:00

-08:00

-07:00

-06:00

-05:00

-04:00

-03:00

-02:00

-01:00

UTC 00:00

+01:00

+02:00

+03:00

+03:30

+04:00

+04:30

+05:00

+05:30

+05:45

+06:00

+07:00

+08:00

+09:00

+09:30

+10:00

+11:00

+12:00

+12:45

+13:00

+14:00

UTC 00:00

Symbol trading specification

Trade GBP/CHF

About GBPCHF

The GBPCHF is the exchange rate between the Great Britain Pound and the Swiss Franc. It tells about the number of CHFs required to purchase one pound. Moreover, the currency pair is quoted with two prices, i.e., the asking and the bid prices. If a trader wants to buy the GBPCHF pair, he'll buy at the asking price, and if he's interested in selling the pair, he'll go with the bid price.

What Is Great Britain Pound vs. Swiss Franc (GBPCHF)?

The GBPCHF is a vital currency pair for traders and investors because CHF is a safe haven. Moreover, its liquidity is higher than many other pairs, and investors have multiple data to analyze its performance. However, various factors impact its value, including policies of central banks, the economic conditions of Great Britain and Switzerland, and risk sentiment. The following aspects impacting the price must be deeply analyzed for everyone who wants to know how to invest in GBPCHF. Due to Switzerland's strong economy and political stability, the CHF is treated as a safe haven. Historically, when there is uncertainty in the market, investors look up to CHF to reduce potential losses.

How does GBPCHF work?

The GBPCHF exchange rate works via trading on the forex market - the factors mentioned above and the supply-demand rate influence the pair price. But to enter the forex market, traders have to open an account with a trustworthy broker having the pair. Next, they have to deposit some amount into the account, and after verification and all other necessary processes, they can access the market. To generate profit, traders speculate on the price fluctuations. Investors eager to learn how to trade GBPCHF must remember that every investment comes with a risk, especially in the forex market.

GBPCHF price history

Before investing in GBPCHF, traders must know how it performed in the last five years. Investors can check its price history briefly from 2018 to 2022:

2018

In 2018, at the start, the GBPCHF was at 1.3168 CHF, and by the end of the month, it was 1.3222 CHF. An increase of 0.0054 CHF, but by the end of the year, the pair price dropped to 1.2554 CHF. Besides, the year's best and worst rates were 1.382 CHF and 1.2408 CHF on 17th April and 11th December, respectively. The year's average GBPCHF price was 1.3054 CHF.

2019

At the start, the GBPCHF price was 1.2525 CHF, and at the year's end, it was 1.2831 CHF. An increase of 0.0306 points from 1st January 2019! However, the best exchange rate value was 1.3395 CHF, observed on 4th May 2019, and the worst was 1.1698 CHF on 10th August 2019. The average GBPCHF price for the year was 1.2691 CHF.

2020

On 1st January 2020, the GBPCHF value was 1.2823 CHF, the year's best performance. However, on 31st August 2020, it dropped by 0.054 points and reached 1.2283 CHF. The worst exchange rate for the year was 1.1242 CHF, recorded on 18th March 2020, and the year's average exchange rate value was 1.204 CHF.

2021

At the beginning of the year, the GBPCHF exchange rate was at 1.217 CHF; at the end, it was 1.2337 CHF, an increase of 0.0167 points. However, the year's best value was 1.3038 CHF, observed on 3rd April, and the lowest exchange rate was 1.1959 CHF on 4th January 2021. The average exchange rate of the year was 1.2575 CHF.

2022

At the start of the year, the GBPCHF was at 1.2337; by its end, it reached 1.1185 CHF. The year's outstanding exchange rate value was 1.2591 CHF on 11th January 2022 and 1.0607 CHF on 28th September 2022. The year's average exchange rate was 1.1795 CHF.

Current GBPCHF price

The current GBPCHF price is subject to fluctuation due to the volatility of the forex market. Investors can check it on the chart or the SimpleFX Webtrader platform.

Is GBPCHF a good investment?

Whether GBPCHF is a good investment depends on factors such as interest rates, monetary policies, geopolitical events, etc. The answer depends on analyzing these factors and the potential returns on investment. If the factors are also stable and there are more chances of return, this currency pair brings more interest from investors eager to learn how to invest in forex worldwide.