Trade Swiss Franc / Japanese Yen CFD

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167.936

0.01%

0.316

Low: 167.198

High: 168.209

Market Trading Hours* (UTC) Open now
Closes on Thursday at 00:00

Mon - Thu: 00:00 - 20:59 21:05 - 00:00

Fri: 00:00 - 20:59

Sun: 21:00 - 00:00

Summary
Historical Data

Trading сonditions

Spread

0.316

Long position overnight fee

-0.000715%

Short position overnight fee

-0.007505%

Overnight fee time

21:00 (UTC)

Min traded quantity

500

Currency

JPY

Margin

0.20%

Commission on trade

Last Week
Last Month
Last Year
Last two Years
Max

Daily
Weekly
Monthly

Date	Close	Change	Change (%)	Open	High	Low
Sep 18, 2024	167.258	-0.505	-0.30%	167.763	167.787	167.183
Sep 17, 2024	167.763	1.094	0.66%	166.669	168.120	166.245
Sep 16, 2024	166.668	0.617	0.37%	166.051	167.035	165.274
Sep 15, 2024	166.047	0.279	0.17%	165.768	166.051	165.572
Sep 13, 2024	165.813	-0.698	-0.42%	166.511	166.556	165.567
Sep 12, 2024	166.511	-0.770	-0.46%	167.281	167.577	166.349
Sep 11, 2024	167.280	-0.696	-0.41%	167.976	168.152	166.555
Sep 10, 2024	167.973	-0.560	-0.33%	168.533	169.325	167.845
Sep 9, 2024	168.533	-0.261	-0.15%	168.794	169.409	168.256
Sep 8, 2024	168.798	0.475	0.28%	168.323	168.839	168.207
Sep 6, 2024	168.729	-1.174	-0.69%	169.903	170.130	168.552
Sep 5, 2024	169.904	0.514	0.30%	169.390	169.991	169.037
Sep 4, 2024	169.389	-1.627	-0.95%	171.016	171.430	169.308
Sep 3, 2024	171.017	-1.325	-0.77%	172.342	172.649	170.743
Sep 2, 2024	172.341	0.268	0.16%	172.073	172.805	171.542
Sep 1, 2024	172.074	0.471	0.27%	171.603	172.260	171.580
Aug 30, 2024	171.927	0.878	0.51%	171.049	172.004	170.748
Aug 29, 2024	171.049	-0.509	-0.30%	171.558	172.258	170.824
Aug 28, 2024	171.558	0.530	0.31%	171.028	171.822	170.968
Aug 27, 2024	171.029	0.458	0.27%	170.571	171.307	170.535

Trading calculator

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CHF/JPY

Intro

The CHF/JPY rate is the Swiss franc/Japanese yen currency couple. The base currency – CHF. The counter currency – JPY. CHF/JPY chart reflects how much the CHF is worth vs. the JPY. After a drop in 2008, the pair has been steadily trading higher, mainly under the influence of aggressive monetary easing, conducted in Japan. Due to different financial properties and low interest rates, the CHF/JPY trade vehicle is regarded as a safe haven and funding currency couple.

Swiss franc vs Japanese yen

Swiss franc/Japanese yen chart shows the relations between the leading European and Asian financial centres. Both states, Switzerland and Japan, provide continuous control over the national currencies’ exchange rate, regularly performing currency interventions.

Key factors that influence the CHF/JPY forecasts:

Major economic indicators of Japan, Switzerland and Eurozone, including inflation, GDP, discount rate, level of unemployment, etc.
Official statements, made by the financial institutions of both countries and currency interventions of Swiss franc and Japanese yen
The performance of the Asian stock indices, such as Nikkei 225, Hang Seng, SSE Composite, and the SET50, affecting the economy of Japan; European stock market indices, such as Swiss Market Index, FTSE 100, DAX, and the CAC 40, affecting the economy of Switzerland.

CHF – Swiss franc

In spite of the euro domination in Western Europe, the Swiss Franc prevails as the main currency of Switzerland. The country has always been considered a safe haven for wealthy foreigners looking for a safe banking system to keep their capital. Due to its stability, the Swiss franc serves as the world’s protection asset.

The official currency of Liechtenstein, Campione d’Italia and, of course, Switzerland, the Swiss franc is regulated by the Swiss National Bank (SNB). The SNB maintains price stability, taking long-term guarding measures against inflation or deflation. The currency is usually abbreviated as SFr. or Fr., and is often referred to as the “Swissie.” The Swiss franc’s official currency code is CHF, and the currently used banknotes include several values: 10, 20, 50, 100, 200 and 1000 SFr. The notes depict famous Swiss cultural contributors and artisans.

In 2015, Switzerland was recognised as the world’s 5th freest economy. Focusing on monetary stability, strong employment rates and low debt, the country shows overall economic growth and prosperity. The major elements of Swiss economy include financial services, advanced technologies and a highly specialised service sector.

JPY – Japanese yen

The official currency of Japan, the Japanese yen, is the 3rd most widely-traded currency in the world, after the American dollar (USD) and Euro (EUR). It accounts for 23% of daily Forex turnover. The currency is managed by the Bank of Japan. The official symbol of the Japanese yen is ¥ and it can be traded under the JPY currency code. The word “yen” in Japanese means “round”.

The first Yen coins originated in 1870 and were produced from copper, silver, gold and other metals. Introduced in 1871, the New Currency Act of Japan introduced a gold standard alongside the Western societies. In 1872, the banking system under the National Bank Act adopted banknotes in addition to coins. In 1882, the banking system of Japan was centralised.

Yen coins are issued in several denominations, including ¥1, ¥5, ¥10, ¥50, ¥100 and ¥500. Yen banknotes are release in ¥1,000; ¥2,000; ¥5,000; and ¥10,000 denominations. The Japanese currency depicts national and nature beauties, including flowers, temples and even rice. Today the number of yens in circulation reaches approximately $1 trillion USD of worth.

How to learn the CHF/JPY live rate?

CHF/JPY is one of the most popular currency pairs traded on the Forex market. Join Capital.com to learn and trade CFDs on the CHF/JPY price fluctuations and follow the CHF/JPY chart in real-time.

News

Bank of Japan Preview

The Bank of Japan will meet on September 20, 2024, with markets anticipating minimal policy changes. However, inflation risks remain, with core CPI at 2.7% and potential for future interest rate hikes.

09:40, 17 September 2024

FOMC Decision Preview

As the US Federal Reserve prepares for its most significant decision since ending the rate hike cycle in mid-2023, the balance of risks has shifted. With inflation stabilizing at 2.6% and rising unemployment at 4.2%, the FOMC faces increasing pressure to address employment concerns. Markets anticipate a rate cut, with debate on the extent of the reduction.

09:48, 16 September 2024

ECB Preview: cuts expected but the pace is uncertain

Markets expect the ECB to cut rates again in September, but how many more?

12:34, 11 September 2024

Market analysis: US CPI and PPI

Overview of upcoming US inflation data for August, with expectations for a year-over-year CPI drop to 2.6% and core CPI holding steady at 3.2%. Markets will also focus on U.S. PPI data, which is forecasted to show mild growth, reinforcing potential easing inflationary pressures.

07:56, 10 September 2024

Introducing Newsquawk: your new in-platform newsfeed

We are very excited to announce the launch of Newsquawk in the Capital.com platform and app. This new newsfeed is designed to help you get ahead with real-time headlines, personalised stories and in-depth reports – all available directly in the platform and app, where you need them.

14:09, 20 August 2024