GBPCHF: Live Price Chart

The forex currency pair GBP/CHF tracks the exchange rate between the Great British Pound Sterling and the Swiss Franc. The history of the Swiss Franc (CHF) goes back to 1850. Following the Swiss government’s declaration that it would become the official issuer of money in 1848, the Federal Coinage Act was introduced.

This made CHF the official currency of Switzerland in 1850. The Swiss Franc became part of the BrentWood System in 1945 and was pegged to the US Dollar. The CHF was also pegged to the Euro in 2011 but, by 2015, it had decoupled from it.

Sterling is the oldest currency in the world, which means GBP traces its roots back to the Roman era. Today, GBP is the fourth most-traded currency in the forex market and, as such, it forms part of many popular currency pairs. GBP/CHF is among the top 20 most traded forex currency pairs in the world, accounting for approximately 0.73% of the market’s total trading volume.

The GBP to CHF price can be traced back to 1975. As per the Bank of England’s data, GBP/CHF opened at 5.96 CHF to 1 GBP. The GBP/CHF price has gradually declined since that point but, since 2010, it’s remained relatively stable within the range of 1.4:1 – 1.1:1.

Why trade the GBP/CHF forex price?
GBP to CHF has a long history as a tradable forex pair. Although the GBP/CHF price has fallen since tracking started in 1975, it’s remained stable for more than a decade. Although there are ups and downs, the swings aren’t as significant as they are for other currency pairs due to the relative strength of GBP and CHF. What’s more, daily trading volume for GBP to CHF is consistent, which means this currency pair doesn’t typically encounter liquidity issues.

Trading allows you to speculate on price movements without owning an underlying asset. When you invest in something, you’re buying a piece of it. That means you can only profit if the value of the asset increases from the point at which you bought it.

With trading, you aren’t buying a piece of the asset. Instead, you’re speculating on the asset’s value. This allows you to take a long position and profit when its value increases or take a short position and profit when its value decreases. This can be useful when you trade GBP to CHF (trade GBP/CHF) because forex markets can be volatile.