Cross pair

CAD/CHF: volatility, trading hours and correlation

The Canadian dollar against the Swiss franc. CAD/CHF has averaged 35 pips a day over the last 90 days, with recent volatility close to its one-year norm. It tends to move most between 12:00 and 15:00 UTC.

Last close
0.58191
16 October 2026
Avg daily range
35 pips
90 days · 0.60% of price
1-year change
+3.20%
CAD stronger vs CHF
52-week range
0.55786 – 0.59073
Low to high

CAD/CHF over the last 12 months

Daily closes

12 months ago · 0.56551Low 0.56290 · High 0.58970Latest · 0.58191

When CAD/CHF moves most

Average high-to-low range for each hour of the day over the last year, in pips (UTC). The busiest three-hour window is highlighted. 21:00–23:00 UTC includes the daily rollover, when spreads widen and bid prices dip, so those hours are left out of it.

0003060912151821
London session · 08:00–17:00 London time
25 pips
Largest average range
New York session · 08:00–17:00 New York time
23 pips
91% of the London range
Asian session · 09:00–18:00 Tokyo time
16 pips
63% of the London range

Want these hours in your own time zone? Open forex market hours. To compare CAD/CHF with other pairs, read the most volatile hours in forex.

Average range by weekday

Pips, last 12 months. Ranges are similar every weekday, within 3 pips of each other.

38
36
37
38
38
MonTueWedThuFri

Calendar-year performance

% change in CAD/CHF each year, latest year to date

+2.5%
-7.1%
+3.5%
-6.7%
+3.8%
-5.4%
-6.9%
-0.6%
-8.5%
+0.8%
'17'18'19'20'21'22'23'24'252026*

CAD/CHF seasonality

Average % change by calendar month across the last 9 years. January has been the strongest month on average and November the weakest. Seasonality is a tendency, not a forecast.

JanFebMarAprMayJunJulAugSepOctNovDec
JanFebMarAprMayJunJulAugSepOctNovDec
Avg change+0.39%-0.11%-0.10%+0.16%-0.43%-0.19%-0.32%-0.61%+0.26%0.00%-0.94%-0.85%
Years up67%44%44%56%44%56%56%22%56%44%44%44%

CAD/CHF correlation

Correlation of daily returns with other pairs. +1 means they move together, −1 means they move in opposite directions. How to use correlation.

Moves most with90 days1 year
USD/CHF+0.78+0.79
EUR/CHF+0.77+0.63
GBP/CHF+0.70+0.52
AUD/CHF+0.56+0.52
USD/JPY+0.29+0.41
Moves most against90 days1 year
EUR/CAD-0.46-0.66
EUR/USD-0.36-0.59
GBP/CAD-0.39-0.54
GBP/USD-0.37-0.50
NZD/CAD-0.51-0.47

Biggest daily moves in the last year

The five widest high-to-low days for CAD/CHF.

DateRangeOpen to close× normal day
28 January 2026107 pips+1.09%2.9×
2 March 202691 pips+1.32%2.4×
5 December 202579 pips+1.29%2.1×
19 August 202678 pips-1.19%2.1×
3 March 202675 pips+0.38%2.0×

CAD/CHF pip value

Value of a one-pip move (0.0001) at the latest price.

Full pip value table
Account currencyStandard lot (1.00)Mini lot (0.10)Micro lot (0.01)
USD12.14 USD1.21 USD0.121 USD
EUR10.80 EUR1.08 EUR0.108 EUR
GBP9.11 GBP0.91 GBP0.091 GBP
CHF10.00 CHF1.00 CHF0.100 CHF

About CAD/CHF

CAD/CHF shows how many Swiss francs (CHF) it takes to buy one Canadian dollar (CAD). When the price rises, the Canadian dollar is strengthening against the Swiss franc.

CAD is issued by the Bank of Canada. It tends to respond to Bank of Canada policy, crude oil prices and the health of the US economy, Canada’s largest trading partner.

CHF is issued by the Swiss National Bank. It tends to respond to Swiss National Bank policy and intervention, and safe-haven flows during market stress.

With an average range of about 35 pips a day, a stop loss of 10–21 pips is roughly a third to two-thirds of a normal day for CAD/CHF. Always size your position from the stop distance with the lot size calculator.

CAD/CHF FAQ

What is the average daily range of CAD/CHF?

Over the last 90 days CAD/CHF moved an average of 35 pips from high to low each day, about 0.60% of its price. Over the past year the average was 37 pips, and over the last 20 trading days it was 35 pips.

What is the best time to trade CAD/CHF?

In the past year CAD/CHF was most active between 12:00 and 15:00 UTC, and the London session produced the largest average range (25 pips). The quietest hour was 04:00 UTC. Its average range was similar on every weekday.

What is CAD/CHF most correlated with?

Based on daily returns over the last year, CAD/CHF moved most closely with USD/CHF (correlation 0.79) and most inversely with EUR/CAD (-0.66).

How much is one pip worth on CAD/CHF?

One pip on CAD/CHF is 0.0001 of the price. For one standard lot (100,000 CAD) that is 10 CHF, or about $12.14 at the latest price. A mini lot is a tenth of that and a micro lot a hundredth.

Statistics are calculated by ForexSignals.io from Dukascopy hourly bid prices up to the 16 October 2026 close. Trading days run from 17:00 to 17:00 New York time, the same daily candles most MT4 and MT5 brokers show. Hourly figures cover the last 12 months, seasonality the last 9 full years. Data may contain errors and is not a trading recommendation.

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