The true CHF/TRY rate
The interbank (mid-market) rate as the basis; the ibani margin, from 0.40% to 0.15% depending on the amount, is shown separately.
CHF → TRY · Real-time rateConvert Swiss francs
to Turkish lira (CHF → TRY)
Exchange your Swiss francs (CHF) for Turkish lira (TRY) at the real interbank rate, in real time. Ideal for sending money to Turkey — family, property purchase, spending on the ground — with a margin from 0.40% to 0.15% and no hidden fees.
CHF → TRYCurrency pair
Real timeMarket rate
0.15%Margin from
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Estimated annual saving
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The CHF/TRY conversion in summary
Convert Swiss francs to Turkish lira, at the right rate
The essentials to exchange your CHF for TRY with no nasty surprises on the rate or the fees.
A margin from 0.15%
Transparent and sliding, up to 10× cheaper than a bank. No hidden fees.
Personal Swiss IBAN
Manage your Swiss francs from an IBAN in your name before sending your funds to Turkey.
A reliable Swiss partner
ibani SA, founded in Geneva in 2018, a financial intermediary affiliated with SO-FIT, a self-regulatory organisation recognised by FINMA.
What you really pay
CHF → TRY: ibani, bank or exchange office?
On a transfer of CHF 5'000 to Turkey, the margin applied to the rate makes all the difference to the amount received.
| Criterion | ibani | Bank | Exchange office |
|---|---|---|---|
| Starting rate | Real interbank | "In-house" rate | "In-house" rate |
| Exchange margin | 0.40% | ~1.5 to 2% | Often > 2% |
| Transfer fees | Transparent | Variable | — |
| Estimated cost* | ~CHF 20 | ~CHF 75 | > CHF 100 |
| 100% digital tracking | Yes | Partial | No |
*Indicative orders of magnitude for a transfer of CHF 5'000 to Turkey. Correspondent bank fees may apply. See the details on our Rates page.
Rate movement
CHF / TRY exchange rate live
Follow the pair's trend to choose the right moment for your exchange.
Conversion tables
How much is 1 CHF in TRY (and the reverse)?
Indicative amounts, ibani margin included, updated continuously.
Reference rate as of 7 October 2026; the rate applied is the one at the time of the order.
How to convert
Your CHF exchanged for TRY, in 3 steps
Create your ibani account for free
100% digital sign-up in 5 minutes, with no opening or account maintenance fees.
Fund your account in Swiss francs
Top up your personal Swiss IBAN in CHF, ready to be converted into Turkish lira.
Send your Turkish lira at the real rate
ibani converts your CHF to TRY at the market rate, plus a margin of 0.40% to 0.15% depending on the amount, and transfers the funds to an account in Turkey.
EUR
USD
GBP
CAD
SGDMarkets · updated 28 August 2026
CHF/TRY: what has moved in recent months
Türkiye's central bank has held its policy rate at 37% since January 2026 and in August raised its end-of-year inflation forecast from 26% to 28%, citing energy prices. The lira has lost around 17% against the dollar over twelve months, including 1.8% in August alone.
CHFSNB on hold, growth springs a surprise
The Swiss National Bank kept its policy rate at 0.00% at its 18 June 2026 assessment, a fourth consecutive hold, with inflation projected at 0.6% for both 2026 and 2027. Swiss inflation fell back to 0.4% year on year in July, a four-month low. The surprise of the quarter: GDP jumped 1.5% in the second quarter against expectations of 0.2% to 0.4%, driven by a 15.2% rebound in chemical and pharmaceutical exports. The next assessment is on 24 September 2026.
TRYRate at 37%, inflation forecast raised to 28%
Türkiye's central bank left its policy rate at 37% in July 2026, a fourth hold since January's 100 basis point cut. In August it raised its end-2026 inflation forecast from 26% to 28%, citing energy prices, while keeping its 15% target for 2027 and 9% for 2028 unchanged. The lira has lost around 17% against the dollar over twelve months.
CHF → TRY
What it means for you
Against a franc backed by 0.4% inflation, the inflation gap exceeds 27 points: the lira's downward drift is structural, not cyclical. On this pair, waiting for a better entry point usually means losing ground.
Benchmark on 28 August 2026: 1 CHF ≈ 60.014 TRY. The converter at the top of this page shows the live rate.
Sources: SNB, monetary policy assessment of 18 June 2026 · Federal Statistical Office, July consumer price index published 3 August 2026 · SECO, flash GDP estimate of 14 August 2026 · Central Bank of the Republic of Türkiye, July 2026 decision and August 2026 inflation report.
The economics of the pair
CHF/TRY: the SNB versus the CBRT
The rate between the Swiss franc (CHF) and the Turkish lira (TRY) pits two very different monetary dynamics against each other. On one side, the Swiss National Bank (SNB) safeguards price stability in Switzerland; on the other, the central bank of Turkey (CBRT) conducts a policy confronted with high inflation.
The Swiss franc is a recognised safe-haven currency: low inflation, a stable economy and strong credibility of the SNB. Conversely, the Turkish lira has gone through a long phase of depreciation, fuelled by sustained inflation and by the CBRT's adjustments to its key rates. Over time, this asymmetry explains the underlying trend of CHF/TRY, generally oriented upward for the franc against the lira.
Key benchmarks: in 2025, the CBRT kept its key rates very high before starting a gradual easing cycle, while Turkish inflation remained a key variable. For the user sending CHF to Turkey, the volatility of the TRY makes tracking the real interbank rate particularly important when converting.
On the same topic, discover how to lock in a favourable rate and change your currency online.
Written by Brice Delhome.
Frequently asked questions
Frequently asked questions about CHF/TRY exchange
Over the long term, the CHF/TRY trend mainly reflects the depreciation of the Turkish lira. High inflation in Turkey and the monetary policy of the CBRT (central bank of Turkey) weigh on the TRY, while the Swiss franc retains its safe-haven status supported by the SNB (Swiss National Bank). The gap in interest rates and inflation between the two countries is the main driver of the pair.
There is no universally ideal moment. The CHF/TRY rate can be very volatile, because the Turkish lira reacts strongly to CBRT (central bank of Turkey) decisions and inflation releases. Monitor the real interbank rate continuously and trigger your exchange when the level suits your project in Turkey.
With ibani, you open an account for free and get a Swiss (CH) IBAN. You convert your Swiss francs to Turkish lira at the real market rate, plus a margin of 0.40% to 0.15% depending on the amount, then you send the funds to an account in Turkey. Transfers in currencies other than EUR and CHF may be subject to correspondent bank fees.
ibani applies a transparent margin from 0.40% to 0.15% on the real interbank rate, decreasing with amounts. There are no opening or account maintenance fees. For transfers to Turkey, fees may be charged by the intermediary banks involved in the transfer. It's up to 10× cheaper than a traditional bank.
Exchange your Swiss francs
for Turkish lira at the right rate.
Open an account, convert your CHF to TRY at the real rate (+ margin from 0.15%) and send your funds to Turkey with no hidden fees. Free account opening, 100% digital, in 5 minutes.✓ Real interbank rate · ✓ Margin from 0.15% · ✓ Affiliated with SO-FIT (SRO)
* Transfers in currencies other than EUR and CHF may be subject to correspondent bank fees.
Swiss financial intermediary subject to the AMLA regulatory framework
Your money is handled with the utmost regulatory rigour.
ibani SA is a FinTech company established since 2018 in the heart of Geneva, Switzerland. We are a financial intermediary audited for our activity, with thousands of clients and exchange operations to our name.
ibani SA is affiliated with SO-FIT as a financial intermediary within the meaning of Article 2 para. 3 of the Anti-Money Laundering Act (AMLA). SO-FIT is a self-regulatory organisation recognised by the Swiss Financial Market Supervisory Authority (FINMA).