The Swiss Franc 1798 - 2055

About the Book

The Swiss franc has a cult following. This book provides fans with a treasure trove of additional, deep data and insights. This includes numerous original charts recreating the value of the Swiss franc to its origins in 1798, against the US dollar and sterling, and as far back as the data permits for the currencies of Switzerland’s euro neighbours, as well as relative to the  Japanese yen and the Chinese renminbi. The book also explains how Switzerland manages with an ever-appreciating exchange rate. Looking ahead, the book discusses what long-term bond yield differentials might imply for the Swiss franc against the US dollar, and the importance of jurisdictions for asset values in a world where states and private individuals are shifting to new forms of digital money.

About the Author

Costa Vayenas has more than three decades of experience in the investment management industry. He lives in Switzerland, where he is the Chief Investment Officer at Genesis Investment Partners, a multi-family office and asset manager. He spent twenty-five years as an analyst for UBS in London, New York and Zurich. For more than a decade, he has been an external lecturer at the University of Zurich (Department of Finance). He has also been a guest lecturer at the Swiss Federal Institute of Technology (ETH Zurich). He is active in several start-ups in the technology sector, having launched a think tank for a company in the digital identity space (Procivis, subsequently acquired by Orell Füssli). He has published a book about democracy in the digital age, another about a language algorithm, which reached number one in its category on Amazon for several years, and he was co-editor of a book on the emerging markets (published by Bloomsbury). Over the years, he has written numerous reports and articles. One of his reports was cited in The Financial Times as having triggered a currency crisis. Another featured on the front page of The Wall Street Journal under “What’s News”.