AUD/CHF
High: 0.5626
Low: 0.5599
The ratio of the number of bought and sold lots based on the trading volume
The data is updated every 10 minutes
The ratio of the number of buy and sell deals, excluding their volume
The data is updated every 10 minutes
The currency pair is the Australian dollar to the Swiss franc.
The Australian dollar, also called aussie, is a typical commodity currency, as its price is influenced by the prices of minerals exported by Australia. The largest importer of iron ore, coal and other natural resources is China, the state of its economy also has an impact on the volume of exports and, accordingly, the rate of the Australian dollar.
Switzerland is in the top twenty countries in terms of industrial production and the top ten in terms of income per capita. About a third of the products are exported. High quality products provide good demand and, as a result, a stable high positive trade balance. A kind of economic indicator of the Swiss economy is the data on the export of watches. Total exports from Switzerland to Australia in 2016 amounted to 2.37 billion dollars.
The AUD / CHF currency pair is built on the principle of direct quotation. The base currency is AUD - the Australian dollar, and quoted - CHF, Swiss franc. The appreciation of the currency pair means the strengthening of the Australian dollar against the Swiss franc, that is, the purchase of one AUD requires more CHF. A decrease in the rate indicates a strengthening of CHF.
Using the current exchange rate chart, you can monitor the volatility of a currency pair in real time.
The Australian dollar (bank code: AUD), the official currency of the Commonwealth of Australia, also has circulation on the islands of Christmas, Cocos Islands and Norfolk Island. In addition, the AUD has circulation in the states: Kiribati, Nauru and Tuvalu. The issue of the Australian dollar, as well as the regulation of the Australian banking and monetary system is carried out by the Reserve Bank of Australia (RBA).
Swiss franc - (bank code: CHF) is the currency and legal tender of Switzerland and Liechtenstein. Unofficial name "Swissie". Banknotes of francs are issued by the central bank of Switzerland (National Bank of Switzerland), and coins are issued by the Federal Mint.
Various cryptocurrency exchanges enable you to purchase AUD/CHF . However, you must create an account, provide identification, and link a payment method such as a bank account or credit card to utilize these exchanges. Alternatively, you can use peer-to-peer marketplaces, which allow you to purchase AUD/CHF directly from other buyers and sellers using different payment methods
Multiple forex trading platforms are widely used. The most prevalent ones are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which have established themselves as the industry norm. Additionally, Ctrader enables you to trade directly with global banks, create trading advisors with ease, and copy trades.
When trading the AUD/CHF, it is essential to keep an eye on the exchange rates, which can be monitored through charts and other analytical tools. As with any currency, the AUD/CHF can be subject to fluctuations in value, making it important for traders to stay informed about the latest market news and trends.