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1 CHF = 191.7416 JPY
Indicative rate, updated 7 hours ago. Not a live dealing rate - confirm with your broker before trading.
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 is a cross pair - traded without the US Dollar as an intermediary - driven by Swiss National Bank policy and safe-haven demand in risk-off markets and Bank of Japan policy and its role as a safe-haven currency. Cross pairs can be more volatile than majors since two independent economies drive the price at once.
Rates shown here are indicative only. Confirm the exact rate and spread with your broker before trading.
Latest
190.260
25 Sep 2026
Highest on record
204.030
21 Apr 2026
Lowest on record
58.9670
7 Sep 2000
12-month average
197.546
184.160 – 204.030
Over the past year CHF/JPY has risen 1.77%, meaning the CHF has strengthened against the JPY. In the last 30 days it has moved down 3.86%. Across the last 12 months it traded between 184.160 and 204.030. Its highest level in the available history (since 1999) was 204.030 on 21 Apr 2026, and its lowest was 58.9670 on 7 Sep 2000.
Based on daily data from 4 Jan 1999 to 25 Sep 2026. Source: ECB reference rates (via Frankfurter). A rising rate means the CHF is strengthening against the JPY. Past performance does not predict future results.
A pair's price is one currency's value measured against another, so the economy behind each side matters.
Switzerland · Swiss National Bank (SNB) · Free float
The Franc is a leading safe-haven currency, backed by Switzerland's political stability, large current-account surplus and strong institutions.
Japan · Bank of Japan (BoJ) · Free float
The Yen is the world's third most-traded currency and a classic safe haven. Japan's very low interest rates for decades made the Yen the favourite funding currency for "carry trades".
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.
Often moves with the Franc as another safe haven
Very low yields reduce the Franc's carry appeal
USD/JPY tends to rise and fall with US yields
A weaker Yen typically supports Japanese exporters' shares
1995 JPY
USD/JPY fell to below 80, then a record low for the Dollar against the Yen.
2011 CHF
The SNB introduced a EUR/CHF 1.20 floor to stop excessive Franc strength.
2011 JPY
After the Fukushima earthquake the Yen surged to postwar highs before coordinated G7 intervention.
2012–15 JPY
"Abenomics" and massive monetary easing drove a large Yen depreciation.
2015 CHF
On 15 January the SNB abruptly scrapped the floor, sending the Franc soaring and many brokers into distress.
2022 CHF
The SNB exited negative interest rates as global inflation surged.
2022–24 JPY
A wide US–Japan rate gap pushed USD/JPY to multi-decade highs, prompting Japanese intervention and a sharp carry-trade unwind in August 2024.
CHF/JPY is a cross pair, traded without the US Dollar. It is a useful way to practise analysing two economies at once, though spreads are usually wider than on the majors.
Compare brokers offering these pairs →Most active: London session • Tokyo session and the London open
1 CHF is worth about 191.742 JPY (indicative, updated 7 hours ago). Always confirm the exact rate with your bank or broker before you convert or trade.
In the data we track (since 4 Jan 1999), CHF/JPY peaked at 204.030 on 21 Apr 2026 and bottomed at 58.9670 on 7 Sep 2000.
CHF/JPY is influenced by the relative strength of the Swiss Franc and the Japanese Yen. Key factors include: Safe-haven flows, Swiss National Bank policy, Bank of Japan policy, US–Japan interest-rate gap. See the sections above for the full list.
Activity and liquidity are typically highest during: London session • Tokyo session and the London open. Spreads are usually tighter when the relevant markets are open.
CHF/JPY can be more volatile or carry wider spreads than the major pairs, so it usually suits experienced traders better. If you are new, start with a demo account and a major pair. Trading forex carries a high risk of loss.
This page is educational and is not investment advice. Rates, statistics and commentary are indicative and may contain errors or be out of date. Forex and CFD trading carries a high risk of loss.