Asset

Swiss franc / Mexican peso

CHFMXN
forex
$20.49
stockPerformance $0.17 (0.83%)
Updated: 18 Jan, 3:11 pm UTC
No Trading Data Available
Description
The Swiss Franc (CHF) is a safe-haven currency used by investors during times of economic uncertainty. It is regarded as a stable currency, backed by the strong Swiss economy. The CHF tends to appreciate in times of market volatility, as investors flock to the CHF for its relative safety. Additionally, the Swiss Franc is often used to hedge against inflation due to its status as a low-inflation currency. This makes it an attractive investment for many investors. The Swiss Franc is also a popular currency for international investors, as it is seen as a reliable and low-risk currency. Ultimately, the Swiss Franc is seen as a safe and secure currency that provides investors with a reliable way to hedge their investments and protect their wealth.