Cross pair
NZD/CHF: volatility, trading hours and correlation
🇳🇿 New Zealand dollar against the 🇨🇠Swiss franc. NZD/CHF has averaged 29 pips a day over the last 90 days, with recent volatility close to its one-year norm. It tends to move most between 21:00 and 00:00 UTC.
- Last close
- 0.46766 6 October 2026
- Avg daily range
- 29 pips 90 days · 0.61% of price
- 1-year change
- +0.74% NZD stronger vs CHF
- 52-week range
- 0.44680 – 0.47997 Low to high
NZD/CHF over the last 12 months
Daily closes
When NZD/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.
Want these hours in your own time zone? Open forex market hours.
Average range by weekday
Pips, last 12 months. Friday is typically busiest and Thursday quietest.
Calendar-year performance
% change in NZD/CHF each year, latest year to date
NZD/CHF seasonality
Average % change by calendar month across the last 9 years. November has been the strongest month on average and August the weakest. Seasonality is a tendency, not a forecast.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg change | +0.11% | -0.10% | -1.00% | -0.52% | -0.29% | -0.83% | -0.44% | -1.68% | -0.21% | -0.14% | +1.09% | -0.50% |
| Years up | 56% | 33% | 33% | 44% | 44% | 22% | 22% | 33% | 67% | 44% | 78% | 33% |
NZD/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.
Biggest daily moves in the last year
The five widest high-to-low days for NZD/CHF.
| Date | Range | Open to close | × normal day |
|---|---|---|---|
| 2 March 2026 | 107 pips | 0.00% | 3.1× |
| 2 February 2026 | 87 pips | +0.03% | 2.5× |
| 1 September 2026 | 67 pips | +0.02% | 1.9× |
| 9 February 2026 | 66 pips | +0.03% | 1.9× |
| 13 October 2025 | 64 pips | -0.03% | 1.9× |
NZD/CHF pip value
Value of a one-pip move (0.0001) at the latest price.
| Account currency | Standard lot (1.00) | Mini lot (0.10) | Micro lot (0.01) |
|---|---|---|---|
| 🇺🇸 USD | 12.02 USD | 1.20 USD | 0.120 USD |
| 🇪🇺 EUR | 10.68 EUR | 1.07 EUR | 0.107 EUR |
| 🇬🇧 GBP | 9.06 GBP | 0.91 GBP | 0.091 GBP |
| 🇨🇠CHF | 10.00 CHF | 1.00 CHF | 0.100 CHF |
About NZD/CHF
NZD/CHF shows how many Swiss francs (CHF) it takes to buy one New Zealand dollar (NZD). When the price rises, the New Zealand dollar is strengthening against the Swiss franc.
NZD is issued by the Reserve Bank of New Zealand. It tends to respond to Reserve Bank of New Zealand policy, dairy prices and broader risk sentiment.
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 29 pips a day, a stop loss of 9–17 pips is roughly a third to two-thirds of a normal day for NZD/CHF. Always size your position from the stop distance with the lot size calculator.
NZD/CHF FAQ
What is the average daily range of NZD/CHF?
Over the last 90 days NZD/CHF moved an average of 29 pips from high to low each day, about 0.61% of its price. Over the past year the average was 35 pips, and over the last 20 trading days it was 30 pips.
What is the best time to trade NZD/CHF?
In the past year NZD/CHF was most active between 21:00 and 00:00 UTC, and the London session produced the largest average range (25 pips). The quietest hour was 19:00 UTC. Friday was its busiest weekday on average.
What is NZD/CHF most correlated with?
Based on daily returns over the last year, NZD/CHF moved most closely with AUD/CHF (correlation 0.77) and most inversely with EUR/NZD (-0.79).
How much is one pip worth on NZD/CHF?
One pip on NZD/CHF is 0.0001 of the price. For one standard lot (100,000 NZD) 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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