Trade Swiss Franc / Japanese Yen

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.

Latest currencies articles

Downward pressure on AUD/USD continues heading into Australian GDP data
An in-depth analysis of the AUD/USD downtrend ahead of Australia's September quarter GDP data release. Discover how weak household demand, elevated inflation, and global factors like the US-China trade dynamics are shaping the Australian Dollar's performance. Technical insights and market trends included.
16 hours ago
Market Analysis: as NFP failed to do so, will US CPI determine rate cut size?
Traders set their attention on the US CPI data as the jobs reading failed to provide further direction.
12:04, 9 September 2024
General Election 2024 written on a sign with Elizabeth Tower and Big Ben in the background
UK ELECTION: GBP holds steady as counting gets underway, Labour majority expected
UK assets are holding steady as exit polls show a clear Labour win after the UK general election
01:08, 5 July 2024
AUD/USD analysis: Focus turns to GDP data after unexpected CPI rise
Higher-than-expected monthly CPI data watered down expectations for RBA interest rate cuts in 2024; the markets will now shift attention to quarterly GDP data on Wednesday, June 5.
15:34, 4 June 2024

Read our reviews to find out more about us

Read the feedback from our clients around the world.
2024-10-22
infoaamon

Very trustworthy and affordable for any size trades

2024-10-21
remi74

It is very easy to connect with TradingView but the web interface is also great.

2024-10-15
jdancer37

Easy to use and great support. Been using it for 2 years already and still happy

2024-10-14
DANIEL

Capital.com is one of the best stock trading platforms I’ve used. The UX and UI on both the mobile app and web platform are outstanding, making it incredibly easy to navigate. They’ve built a vibrant community of traders and investors, and their UAE team really stands out for delivering an exceptional trading experience.

2024-10-08
Yahyaamez

Best broker!! they call you to see if you need any help. The app is good and nice better than the rest

2024-10-04
Iuliia Salivon

Great app! I requested some features to be added, such as analysis tools, and they delivered. Amazing job! The agents are always helpful and reply quickly. It’s not 5 stars because, at times, some less experienced agents may say it’s impossible to fulfill the request or fix the problem while another agent, like Angel, quickly escalated the issue to the necessary team/person/department and resolved it

2024-10-04
Moh ST

This is an excellent platform. The stop loss and take profit work very well; however, when the changes are very fast like at the beginning of the session, the stop loss does not work. If this defect is corrected it will be the perfect platform.

2024-09-30
adenysenko24

-Nice -Easy to use - Beautiful Interface

2024-09-26
Daniel

I think I'm new in this trading platform, but I find it affordable and most reliable. To be honest I'm not fully experienced trader, but with very limited knowledge of trading I try learn as much as I can by trying out different platforms see if can make money. My interests growing in you platform, l like news updates you also short videos on YouTube, other propaganda, poster and many more. I will see what happens in the coming months. Thanks capital team.

2024-09-26
John Fallows

Gives you options to start learning how too do it as it gives you a demo option to learn from your mistakes

2024-09-24
PHEMELO

Efficiency. When creating the account, it was smooth, efficient from start to finish. Verification of documents also was done the same day, unlike other platforms where you have to wait a day or two.

2024-09-04
Osondu Paul

From what I'm seeing it's cool Mixing it with trading view it's perfect... I didn't give it 5 star yet cos I still need to use it for some time

Showing our 4 & 5 star reviews

Ready to join a leading broker?

Join our community of traders worldwide
1. Create your account2. Make your first deposit3. Start trading