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CHF/JPY - Live Chart & Exchange Rate

1 CHF = 189.2104 JPY

Indicative rate, updated 22 hours ago. Not a live dealing rate - confirm with your broker before trading.

CHF/JPY Sentiment Gauge

A live technical-analysis reading for CHF/JPY, from Strong Sell to Strong Buy, updated automatically by TradingView. Forex has no reliable, freely-published Fear & Greed Index the way stocks or crypto do, so this momentum-based gauge is shown instead.

CHF/JPY tracks the Swiss Franc against the Japanese Yen without the US Dollar in between. It moves on the relative outlook for the two economies, especially SNB and BoJ interest-rate policy.

Rates shown here are indicative only, sourced periodically rather than streamed live. Confirm the exact rate with your bank or broker before converting funds or opening a trade.

CHF/JPY Key Statistics

Latest

189.2104

1 Oct 2026

Highest since Mar 2024

204.1007

22 Apr 2026

Lowest since Mar 2024

166.9124

3 Apr 2024

12-month average

197.4511

185.8231 – 204.1007

30 days: -4.60% 90 days: -5.91% 1 year: +1.82%

Over the past year CHF/JPY has risen 1.82%, meaning the CHF has strengthened against the JPY. In the last 30 days it has moved down 4.60%. Across the last 12 months it traded between 185.8231 and 204.1007. Its highest level in the data window (since March 2024) was 204.1007 on 22 Apr 2026, and its lowest was 166.9124 on 3 Apr 2024.

Based on weekly data from 6 Mar 2024 to 1 Oct 2026. Source: weekly rate snapshots (currency-api). A rising rate means the CHF is strengthening against the JPY. Past performance does not predict future results.

What Moves CHF/JPY

A pair's price is one currency's value measured against another, so the economy behind each side matters.

Swiss Franc (CHF)

Switzerland · Swiss National Bank (SNB) · Free float (with SNB intervention)

The Swiss Franc is a safe-haven currency backed by Switzerland's political neutrality, low debt, current-account surpluses and large gold reserves.

Major contributors to the economy

  • Banking and wealth management
  • Pharmaceuticals
  • Precision machinery and watches
  • Commodity trading

Key factors

  • Safe-haven flows. Geopolitical stress usually strengthens the Franc.
  • SNB policy and intervention. The SNB sets low rates and sometimes sells Francs to stop excessive strength.
  • Swiss inflation. Low inflation gives the SNB room to keep rates low.

Japanese Yen (JPY)

Japan · Bank of Japan (BoJ) · Free float

The Japanese Yen is the third most traded currency and a classic safe haven. Very low Japanese interest rates make it the main funding currency for "carry trades".

Major contributors to the economy

  • Cars and machinery
  • Electronics and semiconductors
  • Services
  • Overseas investment income

Key factors

  • Bank of Japan policy. Japan kept ultra-low rates for decades; any move towards higher rates strengthens the Yen.
  • Interest-rate gap. The gap between Japanese and foreign yields drives carry trades and Yen weakness or strength.
  • Risk sentiment. In global stress, carry trades unwind and the Yen tends to rally.
  • Government intervention. Japan's Ministry of Finance has intervened to stop sharp Yen falls.

How CHF and JPY Interact

Both the Swiss Franc and the Japanese Yen are safe havens, so in market stress they can strengthen together, and this pair often moves less than either does against riskier currencies.

Central-bank policy matters on both sides: the Swiss National Bank (SNB) and the Bank of Japan (BoJ). When one of them is expected to keep interest rates higher than the other, that currency usually attracts capital and strengthens; a narrowing gap tends to reverse the move.

Markets to Watch

  • Gold CHF

    Often moves with the Franc in risk-off periods

  • EUR/CHF CHF

    The main measure of Franc strength in Europe

  • Japanese 10-year government bond yield JPY

    Higher yields tend to support the Yen

  • Nikkei 225 JPY

    Often rises when the Yen weakens

Events & Data to Follow

  • CHF SNB quarterly policy assessments
  • CHF Swiss CPI
  • JPY Bank of Japan policy meetings
  • JPY Tokyo CPI
  • JPY Ministry of Finance intervention comments

Historical Milestones

  1. 2011 CHF

    The SNB set a floor of 1.20 per Euro to stop the Franc rising.

  2. 2011 JPY

    After the Tohoku earthquake the Yen hit record highs, prompting G7 intervention.

  3. 2013 JPY

    "Abenomics" and massive BoJ easing began a long period of Yen weakness.

  4. 2015 CHF

    The SNB scrapped the floor without warning, and the Franc jumped about 20% in minutes.

  5. 2024 JPY

    The BoJ ended negative interest rates, its first rate rise in 17 years.

Why CHF/JPY Matters to Tanzanian Traders

CHF/JPY lets traders in Tanzania trade a view on two economies without the US Dollar in between. Spreads are a little wider than on the majors, so it suits traders who already know how the two currencies behave.

Compare brokers offering these pairs →

Risks & Trading Hours

  • Surprise SNB decisions. (CHF)
  • Sudden safe-haven surges. (CHF)
  • Sudden intervention by Japanese authorities. (JPY)
  • Sharp moves when carry trades unwind. (JPY)

Most active: Zurich and London session • Tokyo session (and the London and New York sessions)

CHF/JPY FAQ

What is the current CHF/JPY exchange rate?

1 CHF is worth about 189.2104 JPY (indicative, updated 22 hours ago). Always confirm the exact rate with your bank or broker before you convert or trade.

What is the all-time high and low of CHF/JPY?

In the data we track (since 6 Mar 2024), CHF/JPY peaked at 204.1007 on 22 Apr 2026 and bottomed at 166.9124 on 3 Apr 2024.

What moves the CHF/JPY exchange rate?

CHF/JPY is influenced by the relative strength of the Swiss Franc and the Japanese Yen. Key factors include: Safe-haven flows, SNB policy and intervention, Bank of Japan policy, Interest-rate gap. See the sections above for the full list.

When is the best time to trade CHF/JPY?

Activity and liquidity are typically highest during: Zurich and London session • Tokyo session (and the London and New York sessions). Spreads are usually tighter when the relevant markets are open.

Is CHF/JPY good for beginners?

CHF/JPY is one of the more liquid pairs, with tight spreads at most brokers, which makes it a reasonable choice for beginners. Practise on a free demo account first.

This page is educational. Rates, statistics and commentary are indicative and may contain errors or be out of date.

Other Currency Pairs

EUR/GBP EUR/JPY GBP/JPY EUR/CHF AUD/JPY EUR/AUD All pairs →

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