In August 2011 one Swiss Franc was traded for almost one Euro. That's about 50% more than three years before. Therefore the swiss national bank introduced currency regulations in September 2011 in order to keep the exchange rate EUR/CHF above 1.20.
What do these extreme values mean? And how do they come into being? Do we actually understand the rules of our markets?
"EUR/CHF" is a real-time visualization of the exchange rate between Euro and Swiss Franc. Every time the trade market releases a new rate via the internet the new value is displayed with 5-digit precision. A color flash is triggered in order to represent the direction of change.
"EUR/CHF" was shown as a contribution to the media facade event at the Manor warehouse in Basel from December 1st - 24th, 2011.
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