The real CHF/USD 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 → USD · Real-time rateConvert Swiss francs
to dollars (CHF → USD)
1 CHF = 1.1997 USD as of 11 November 2026 (indicative rate for an amount below the equivalent of CHF 10,000, ibani margin included; the rate applied is the one in effect when you place your order).
Exchange your Swiss francs (CHF) into US dollars (USD) at the real interbank rate, in real time. Ideal for settling a supplier, an investment or an invoice in dollars, with a margin from 0.40% to 0.15% and no hidden fees.
CHF → USDCurrency pair
Real timeMarket rate
0.15%Margin from
Simulate your transfer
No hidden fees1 CHF = 1.1997 USD Rate as of 11 November 2026
1'199.74
Estimated annual saving
—
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CHF 1 Billion+Exchanged since 2018
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CHF/USD conversion at a glance
Convert Swiss francs to dollars, at the right rate
The essentials for changing your CHF into USD 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
Fund your account in CHF and execute your transfers in dollars, automatically converted at the real rate (+ margin from 0.15%).
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 → USD: ibani, bank or exchange office?
On a CHF 5'000 exchange each month, the margin applied to the rate makes all the difference over the year.
| Criterion | ibani | Bank | Exchange office |
|---|---|---|---|
| Starting rate | Real interbank | "House" rate | "House" rate |
| Exchange margin | 0.40% | ~1.5 to 2% | Often > 2% |
| Transfer fees | CHF 0 | Variable | — |
| Estimated annual cost* | ~CHF 240 | ~CHF 900 | > CHF 1'000 |
| 100% digital tracking | Yes | Partial | No |
*Indicative orders of magnitude for a CHF 5'000/month exchange over 1 year. See the details on our Rates page.
Rate evolution
CHF / USD exchange rate live
Follow the pair's trend to choose the right moment for your exchange.
| Indicator | 30 days | 90 days |
|---|---|---|
| High | 1.2263 | 1.2516 |
| Low | 1.1999 | 1.1972 |
| Average | 1.2128 | 1.2201 |
| Change | +1.48% | −0.98% |
European Central Bank reference rates, from 13 August to 10 November (90 days) and from 12 October to 10 November (30 days), 2026. Cross rates calculated via the euro. Excluding exchange margin: these figures are not directly comparable with the rate shown at the top of the page, which includes the ibani margin.
Conversion tables
How much is 1 CHF worth in USD (and vice versa)?
Indicative amounts, ibani margin included, updated continuously.
Indicative rate as of 11 November 2026, ibani margin included; the rate applied is the one in effect when you place your order.
How to convert
Your CHF changed into USD, in 3 steps
Create your ibani account for free
100% digital sign-up in 5 minutes, with no opening or account maintenance fees.
Get your personal Swiss IBAN
Fund your account in Swiss francs from your bank, in just a few clicks.
Send your dollars at the real rate
ibani converts your CHF into USD at the market rate, plus a margin of 0.40% to 0.15% depending on the amount, and executes the transfer to the beneficiary, the same day.
EUR
GBP
CAD
SGD
TRY
JPYMarkets · updated 19 October 2026
CHF/USD: what has moved in recent months
The dollar has regained ground since the end of the summer. The Federal Reserve raised its range to 3.75%–4.00% on 16 September, unanimously, while the SNB stayed at 0%; USD/CHF hit its 2026 high on 1 October, at 0.8353, before returning to 0.8250 on 19 October.
CHFSNB at 0%, the franc firms in October
The Swiss National Bank kept its policy rate at 0% on 24 September 2026 and projects inflation of 0.7% for 2026, then 0.8% in 2027 and in 2028. Inflation stood at +1.0% year on year in September, according to the Federal Statistical Office. On the currency side, the euro climbed as high as 0.9478 francs on 30 September, its high for the year, before falling back to 0.9261 at the ECB reference rate of 19 October, its lowest level since 21 July. The SNB's next assessment is on 10 December 2026.
USDThe Fed raises rates unanimously
On 16 September 2026 the Federal Reserve raised the target range for the federal funds rate by 25 basis points, to 3.75%–4.00%, by twelve votes to none. US inflation came in at 3.7% year on year in September, and at 2.6% excluding food and energy. The dollar firmed: against the franc, it hit its 2026 high on 1 October, at 0.8353, and stood at 0.8250 at the 19 October reference rate, up 2.6% since 28 August. The next meeting is on 27 and 28 October 2026, then on 8 and 9 December.
CHF → USD
What it means for you
10,000 francs buy around 12,121 dollars at the 19 October reference rate, against nearly 12,430 on 28 August: the dollar purchasing power of a Swiss income has fallen by around 2.5% in seven weeks. The Fed meets on 27 and 28 October; as long as the rate gap remains this wide, splitting conversions limits the effect of any single session.
ECB reference rate on 19 October 2026: 1 CHF ≈ 1.2121 USD (excluding margin). The rate shown at the top of the page includes the ibani margin; the converter shows the live rate.
Sources: SNB, monetary policy assessment of 24 September 2026 · Federal Statistical Office, September consumer price index published 1 October 2026 · ECB, euro foreign exchange reference rates · Federal Reserve, statement of 16 September 2026 · Bureau of Labor Statistics, September consumer price index published 14 October 2026.
General market information, compiled from the sources cited; it constitutes neither investment advice nor a forecast.
The economics of the pair
CHF/USD: the SNB versus the Fed
The rate between the Swiss franc (CHF) and the US dollar (USD) pits two of the world's most sought-after currencies against each other. Its dynamics are dictated by the relationship between two central banks: the Swiss National Bank (SNB) and the US Federal Reserve (Fed).
Both the Swiss franc and the dollar are perceived as safe-haven currencies, which makes their pair singular: in a crisis, capital flows towards both currencies at once. The CHF benefits from the stability of the Swiss economy and from the SNB's rigour in the face of imported inflation. The USD, for its part, remains the leading reserve and trade-invoicing currency of world commerce, which gives it structural demand.
The main driver of the CHF/USD rate remains the monetary policy gap: when the Fed raises its policy rates faster than the SNB, the dollar tends to strengthen; conversely, US easing or a renewed aversion to risk often benefits the franc. US economic releases (employment, inflation) and Fed decisions cause the sharpest moves on the pair.
To go further, see our guides on how to lock in a favourable rate and buy currency for your business.
Written by Brice Delhome.
Frequently asked questions
Frequently asked questions about CHF/USD exchange
There is no universally ideal day. The CHF/USD rate depends on market movements and on decisions by the SNB and the Fed. The US dollar, the world's reserve currency, often strengthens when the Fed raises its rates, while the Swiss franc appreciates in times of uncertainty. Watch the real rate continuously and trigger your exchange at the moment that suits you.
The CHF and the USD are both safe-haven currencies, which makes their pair particularly sensitive to monetary policy gaps between the SNB and the Fed, to US economic releases and to the global geopolitical climate. Federal Reserve (Fed) rate decisions often cause sharp moves on the pair.
With ibani, you get a personal Swiss (CH) IBAN. You fund your account in CHF, ibani converts your francs into dollars at the real market rate, plus a margin of 0.40% to 0.15% depending on the amount, and executes the transfer in USD to the beneficiary of your choice, with no hidden fees. It's ideal for settling a supplier, an investment or an invoice denominated in dollars.
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. It's up to 10× cheaper than a traditional bank. Transfers in currencies other than CHF and EUR may be subject to correspondent bank fees. See the details on the Rates page.
Change your Swiss francs
into dollars at the right rate.
Get a personal Swiss IBAN, convert your CHF into USD at the real rate (+ margin from 0.15%) and pay your beneficiaries with no hidden fees. Free account opening, 100% digital, in 5 minutes.✓ Real interbank rate · ✓ Margin from 0.15% · ✓ SO-FIT (SRO) affiliated
* 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).