Asset

Swiss franc / South Korean won

CHFKRW
forex
$1,348.22
stockPerformance $11.78 (0.88%)
Updated: 18 Jan, 3:06 pm UTC
No Trading Data Available
Description
The Swiss Franc is a safe-haven currency, meaning it is seen as a stable, low-risk investment. Investors often park their assets in Swiss Francs to protect their wealth from market volatility and fluctuations in other currencies. The Swiss Franc is also a major reserve currency, meaning it is widely held by central banks, governments and other financial institutions. As a result, the Swiss Franc is often seen as a reliable and secure store of value in global markets. Its stability makes it a popular choice for investors looking for a safe haven in turbulent times.