NEW ZEALAND DOLLAR / SWISS FRANC Trading
The NZD/CHF currency pair offers an alternative risk play. The New Zealand dollar is being revealed to the world’s economic performance and has high-interest rates. The Swiss franc has always been referred to as a safe-haven currency. In times of economic uncertainty, liquidity moves away from the Euro-zone into Switzerland.
History of NZD CHF Trading
New Zealand currency has a long history of over 160 years. During the 1800s, New Zealand used its coins and banknotes before British currency was even legal currency. The New Zealand dollar is the official currency of New Zealand and is represented by the symbol $ or NZ$ to set it apart from other currencies based on dollars.
Swiss franc (CHF) is the official currency of Switzerland and Liechtenstein and is the 7th most traded currency in the world. The CHF is the only franc that is still issued in Europe after the other nations, that used to denominate their currencies in francs, adopted the euro. The Swiss franc is usually called the "swissie" by traders.
|NZD/CHF Forex Chart|
|Minimum Nominal Trade Size: 1000|
|Overnight Interest (daily) Sell: -3.69%|
|Overnight Interest (daily) Buy: -0.48%|
|Trading Hours (GMT): 24/5|
|MT5 / MT4 Symbol: NZDCHF|
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