Skip to content
Subscriber Only

Swiss Franc Eclipses Ruble on Volatility Scale: Chart of the Day

There is a new volatility leader in town and it’s not the Russian ruble.

The CHART OF THE DAY shows that price swings in the Swiss franc surpassed those on the ruble, the world’s most volatile currency of the past 12 months, after Switzerland’s central bank unexpectedly abandoned a cap on its value on Jan. 15. Fluctuations in the franc jumped to five times of those in the Russian currency on a 24-hour basis that day and they’re still higher, according to data compiled by Bloomberg.