Cross pair · “Euro Swissy”

EUR/CHF: volatility, trading hours and correlation

🇪🇺 euro against the 🇨🇭 Swiss franc. EUR/CHF has averaged 30 pips a day over the last 90 days, with recent volatility above its one-year norm. It tends to move most between 13:00 and 16:00 UTC.

Last close
0.93637
6 October 2026
Avg daily range
30 pips
90 days · 0.32% of price
1-year change
+0.59%
EUR stronger vs CHF
52-week range
0.89812 – 0.94858
Low to high

EUR/CHF over the last 12 months

Daily closes

12 months ago · 0.93084Low 0.90012 · High 0.94662Latest · 0.93637

When EUR/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.

0003060912151821
London session · 07:00–16:00 UTC
33 pips
Largest average range
New York session · 12:00–21:00 UTC
28 pips
85% of the London range
Asian session · 00:00–07:00 UTC
17 pips
51% of the London range

Want these hours in your own time zone? Open forex market hours.

Average range by weekday

Pips, last 12 months. Wednesday is typically busiest and Thursday quietest.

31
31
34
29
30
MonTueWedThuFri

Calendar-year performance

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

+8.7%
-3.7%
-3.5%
-1.0%
-3.7%
-4.9%
-5.1%
+0.7%
-1.1%
+0.7%
'17'18'19'20'21'22'23'24'252026*

EUR/CHF seasonality

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

JanFebMarAprMayJunJulAugSepOctNovDec
JanFebMarAprMayJunJulAugSepOctNovDec
Avg change+0.18%+0.06%+0.44%+0.22%-0.55%-0.57%-0.30%-0.29%-0.13%+0.29%-0.22%-0.63%
Years up67%33%67%44%33%33%33%44%56%44%44%22%

EUR/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
GBP/CHF+0.84+0.74
USD/CHF+0.78+0.64
CAD/CHF+0.79+0.60
AUD/CHF+0.62+0.57
NZD/CHF+0.64+0.54
Moves most against90 days1 year
CHF/JPY-0.48-0.46
NZD/USD-0.27-0.13
GBP/USD-0.22-0.12
EUR/USD-0.17-0.10
GBP/AUD+0.15-0.06

Biggest daily moves in the last year

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

DateRangeOpen to close× normal day
30 September 2026154 pips+0.01%4.9×
30 March 2026109 pips0.00%3.5×
2 March 202696 pips0.00%3.1×
1 October 202691 pips0.00%2.9×
29 April 202686 pips+0.01%2.7×

EUR/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)
🇺🇸 USD12.02 USD1.20 USD0.120 USD
🇪🇺 EUR10.68 EUR1.07 EUR0.107 EUR
🇬🇧 GBP9.06 GBP0.91 GBP0.091 GBP
🇨🇭 CHF10.00 CHF1.00 CHF0.100 CHF

About EUR/CHF

EUR/CHF shows how many Swiss francs (CHF) it takes to buy one euro (EUR). When the price rises, the euro is strengthening against the Swiss franc. Traders often call it “Euro Swissy”.

EUR is issued by the European Central Bank. It tends to respond to European Central Bank policy, eurozone inflation and growth data, and the spread between German and US bond yields.

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 30 pips a day, a stop loss of 9–18 pips is roughly a third to two-thirds of a normal day for EUR/CHF. Always size your position from the stop distance with the lot size calculator.

EUR/CHF FAQ

What is the average daily range of EUR/CHF?

Over the last 90 days EUR/CHF moved an average of 30 pips from high to low each day, about 0.32% of its price. Over the past year the average was 31 pips, and over the last 20 trading days it was 43 pips.

What is the best time to trade EUR/CHF?

In the past year EUR/CHF was most active between 13:00 and 16:00 UTC, and the London session produced the largest average range (33 pips). The quietest hour was 04:00 UTC. Wednesday was its busiest weekday on average.

What is EUR/CHF most correlated with?

Based on daily returns over the last year, EUR/CHF moved most closely with GBP/CHF (correlation 0.74) and most inversely with CHF/JPY (-0.46).

How much is one pip worth on EUR/CHF?

One pip on EUR/CHF is 0.0001 of the price. For one standard lot (100,000 EUR) that is 10 CHF, or about $12.02 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 daily and hourly price history up to 6 October 2026. 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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