CHFIDR Price, Chart, Live Rate and Forecast -Markets.com

CHFIDR

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Analysis and statistics

Open
22035.2039$
Previous Close
21889.2973$
52 Week Change
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Day Range
145.91$
52 Week High/Low
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Dividend Per Share
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Market cap
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EPS
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Beta
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Volume
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About

CHFIDR.FOREX is a financial symbol referencing the exchange rate between the Swiss Franc (CHF) and the Indonesian Rupiah (IDR) within the foreign exchange (forex) market. It represents the value of one Swiss Franc in terms of Indonesian Rupiah. The ".FOREX" designation indicates that this is a forex trading pair. The price reflects how many Indonesian Rupiah are needed to purchase one Swiss Franc at any given point in time. Like all forex pairs, the CHFIDR exchange rate fluctuates constantly based on various economic and political factors affecting Switzerland and Indonesia, as well as broader global market sentiment.

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Factors

Swiss National Bank (SNB) policy: SNB interventions and interest rate decisions greatly influence CHF.

Indonesian Central Bank (BI) policy: BI's monetary policy and rate adjustments affect IDR's value.

Global risk sentiment: CHF is a safe-haven; risk aversion strengthens it, impacting the pair.

Economic data releases: Swiss and Indonesian economic indicators (GDP, inflation) influence the pair's direction.

Commodity prices: Indonesia is a commodity exporter; price fluctuations affect IDR and the pair.

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