Currency pair CHFSGD represents the exotic trading instrument which shows a ratio of the Swiss franc and Singapore dollar. In pair CHFSGD Swiss franc plays a role of base currency, and Singapore dollar – quoted. Currency pair CHFSGD is considered not too widespread in the international Forex market, but it should be noted that the Swiss franc and the Singapore dollar represent prospects and reliability
The economic situation of Singapore and Switzerland has an impact on a currency pair CHFSGD. The low rate of inflation and prevalence of export over import characterizes the level of economic development of Singapore, and the advantageous geographical position allows doing rather an active trading with all large countries.
The national economy and its national currency depend on the level of export of household appliances, information technologies, pharmaceutics and products of shipbuilding. Switzerland and its national currency show the stability and reliability over the centuries. Therefore, in case of crisis threat, a shelter for the equity of investors is Switzerland. The CHFSGD trading instrument is rather a low-liquid tool in comparison with the major currency pairs.