--- title: "Swiss franc (CHF) exchange rate" url: https://www.ibani.com/en/currency-converter/currencies/chf-swiss-franc lang: en date_modified: 2026-10-29 --- Currency · CHF · Fr. # Swiss franc (CHF) exchange rate The Swiss franc is the official currency of Switzerland and Liechtenstein, renowned worldwide as a safe-haven currency. Convert it at the **real interbank rate**, in real time, with a transparent margin from 0.40% to 0.15%. [Open my free account](https://www.ibani.com/en/app) See CHF rates **CHF**ISO code · ₣ **SNB**Central bank **0.15%**Margin from ### Simulate your transfer No hidden fees — Live rate — Estimated annual saving — vs. a traditional bank Per monthly transfer · [Live rates](https://www.ibani.com/en/currency-converter) · [Pricing](https://www.ibani.com/en/rates) [Get started — It's free](https://www.ibani.com/en/app) [![App Store](https://www.ibani.com/images/appstore-badge.svg)](https://apps.apple.com/app/ibani-borderless-money/id1382598762)[![Google Play](https://www.ibani.com/images/google-play-badge.svg)](https://play.google.com/store/apps/details?id=com.ibani.mobile&hl=en) \* 100% digital sign-up in 5 minutes. Zero account opening or maintenance fees. **35'000+ clients**Individuals & businesses **CHF 1 Billion+**Exchanged since 2018 **Up to 10× cheaper**Than a traditional bank **4.7/5 · Excellent**On 2'000+ client reviews [![SO-FIT logo](https://www.ibani.com/images/sofit-light.svg) Affiliated with SO-FIT (SRO)\*](https://so-fit.ch/) The Swiss franc in brief ## The essentials about the Swiss franc (CHF) The key facts about the world's great safe-haven currency, and how to convert it at the fair rate. ### ISO code CHF, symbol ₣ Official currency of Switzerland and Liechtenstein. CHF stands for "Confoederatio Helvetica Franc". ### Issued by the SNB The Swiss National Bank conducts monetary policy with the aim of price stability. ### Global safe-haven currency Sought by investors in times of crisis. The EUR/CHF pair is closely watched in Switzerland. ### Exchange from 0.15% at ibani A sliding, transparent margin applied to the real rate, with no hidden fees. Our experts' analysis ## The Swiss franc, the world's great safe-haven currency. The Swiss franc (CHF) holds a unique position on the foreign exchange market. Historically regarded as one of the strongest and most reliable currencies in the world, it plays the role of a global safe haven: in times of geopolitical uncertainty or economic turbulence, it tends to appreciate sharply. The Swiss National Bank (SNB) watches this currency closely, particularly against the euro (the key **EUR/CHF** pair), because an overly strong franc penalises Swiss exports. For cross-border workers and SMEs, tracking these major macroeconomic movements helps to choose the right moment to secure their salary or supplier payment conversions. CHF key facts ISO code**CHF · ₣** Central bank**SNB** Area of use**Switzerland & Liechtenstein** Status**Safe-haven currency** Monetary policy ## The SNB's policy towards the Swiss franc The Swiss National Bank (SNB) has as its primary mandate to ensure price stability while taking account of economic developments. Its role is crucial because of the franc's historic safe-haven status: in the event of a global crisis, investors buy CHF en masse, which sends its valuation soaring. To counter an overvaluation that penalises the export industry and tourism, the SNB uses two major levers: ### Interventions on the foreign exchange market Massive purchases of foreign currencies (euros, dollars) to weaken the franc through the interplay of supply and demand, inflating the central bank's balance sheet. ### Interest rates A direct lever, pushed to unprecedented negative rates (down to -0.75%) for nearly eight years, to discourage the accumulation of deposits in francs. With the return of global inflation, the SNB changed paradigm and tolerated a strong franc to fight "imported inflation", thereby protecting domestic purchasing power. Its decisions have a direct impact on the strength of the franc and the competitiveness of Swiss exporters. History of the Swiss franc ## The key dates of the last 30 years 1999 ### Creation of the euro The single European currency is introduced. The SNB watches this new economic giant; the exchange rate then floats around 1.60 CHF to 1 EUR. 2008 ### Financial crisis (subprimes) Massive inflow of international capital towards the Swiss safe haven. The franc appreciates violently, forcing the SNB into aggressive rate cuts. Sept. 2011 ### Introduction of the floor rate Faced with the sovereign debt crisis and the overheating of the CHF, the SNB sets a floor rate of 1.20 CHF to 1 EUR, committing to buy euros without limit to defend it. Jan. 2015 ### The "Francogeddon" shock Surprise abandonment of the floor rate. The franc instantly surges by around 30% against the euro. The SNB then introduces a record negative policy rate of -0.75%. 2022 ### End of the negative rate era To fight post-pandemic global inflation, the SNB carries out several consecutive hikes to normalise the cost of money. 2024 ### First rate cuts With inflation back under control, the SNB is the first major central bank to cut its policy rate. Yet the CHF remains at record highs, below parity against the euro. Today's rates ## Our rates for the Swiss franc (CHF) Indicative value for 1 unit, ibani margin included. Click a pair for its detail and history. Indicative rate as of 29 October 2026, ibani margin included; the rate applied is the one in effect when you place your order. | | [EUR](https://www.ibani.com/en/currency-converter/currencies/eur-euro) | [USD](https://www.ibani.com/en/currency-converter/currencies/usd-us-dollar) | [GBP](https://www.ibani.com/en/currency-converter/currencies/gbp-british-pound) | [CAD](https://www.ibani.com/en/currency-converter/currencies/cad-canadian-dollar) | [SGD](https://www.ibani.com/en/currency-converter/currencies/sgd-singaporean-dollar) | | --- | --- | --- | --- | --- | --- | | From CHF 1 | [1.0788CHF to EUR rate](https://www.ibani.com/en/currency-converter/chf-to-eur-rate) | [1.2014CHF to USD rate](https://www.ibani.com/en/currency-converter/chf-to-usd-rate) | [0.9017CHF to GBP rate](https://www.ibani.com/en/currency-converter/chf-to-gbp-rate) | [1.6820CHF to CAD rate](https://www.ibani.com/en/currency-converter/chf-to-cad-rate) | [1.5392CHF to SGD rate](https://www.ibani.com/en/currency-converter/chf-to-sgd-rate) | | To CHF 1 | [0.9177EUR to CHF rate](https://www.ibani.com/en/currency-converter/eur-to-chf-rate) | [0.8241USD to CHF rate](https://www.ibani.com/en/currency-converter/usd-to-chf-rate) | [1.0980GBP to CHF rate](https://www.ibani.com/en/currency-converter/gbp-to-chf-rate) | — | — | From the Swiss franc (CHF) [CHF EUR](https://www.ibani.com/en/currency-converter/chf-to-eur-rate) [CHF USD](https://www.ibani.com/en/currency-converter/chf-to-usd-rate) [CHF GBP](https://www.ibani.com/en/currency-converter/chf-to-gbp-rate) [CHF CAD](https://www.ibani.com/en/currency-converter/chf-to-cad-rate) [CHF SGD](https://www.ibani.com/en/currency-converter/chf-to-sgd-rate) [CHF TRY](https://www.ibani.com/en/currency-converter/chf-to-try-rate) [CHF JPY](https://www.ibani.com/en/currency-converter/chf-to-jpy-rate) [CHF NOK](https://www.ibani.com/en/currency-converter/chf-to-nok-rate) [CHF SEK](https://www.ibani.com/en/currency-converter/chf-to-sek-rate) [CHF NZD](https://www.ibani.com/en/currency-converter/chf-to-nzd-rate) [CHF HKD](https://www.ibani.com/en/currency-converter/chf-to-hkd-rate) [See all our currencies →](https://www.ibani.com/en/currency-converter/currencies) News ## Latest analyses on exchange and currencies ### EUR/CHF Forecast October 2026: Euro Falls Back to 0.9227, French Debt Weighs Ahead of the ECB As of October 23, 2026, the latest available ECB reference rate, EUR/CHF stands at 0.9227, down about 0.9% from 12 October (0.9312), after 0.9211 on the 22nd, its lowest since 6 July. According to Reuters, the yield spread between French and German government bonds reached 167.8 points on the 22nd. The ECB decides on Thursday 29 October. [Read article](https://www.ibani.com/en/guides/chf-eur-exchange-rate-forecast) ### GBP/CHF Forecast: The Pound Climbs Back Against the Franc Ahead of the UK Budget (October 2026) As of 23 October 2026, the pound sterling is worth 1.1020 francs, up 1.0% since 2 October. UK inflation rose to 3.5% in September and the market considers a Bank of England rate hike possible as early as 5 November. [Read article](https://www.ibani.com/en/guides/chf-gbp-exchange-rate-forecast) ### USD/CHF Forecast (October 2026): The Dollar Slips Back Below 0.83 Franc Ahead of the October 28 Fed As of October 23, 2026, the dollar is worth 0.8244 franc, 0.8% less than on October 9 despite US inflation at 3.7%. The Fed decides on October 28 at 7 pm Swiss time: the market expects a hold, then a hike in December. [Read article](https://www.ibani.com/en/guides/chf-usd-exchange-rate-forecast) Frequently asked questions ## Frequently asked questions about the Swiss franc (CHF) Always compare the rate offered with the real interbank rate (mid-market). A specialised online exchange service like ibani starts from this real rate and only adds a transparent margin from 0.40% to 0.15%, with no hidden fees, whereas a bank often applies a much wider spread. Compare with our [rate comparison tool](https://www.ibani.com/en/compare-exchange-rates). Switzerland's exceptional political and economic stability, combined with historically low inflation and the rigorous management of the Swiss National Bank (SNB), makes the Swiss franc (CHF) a currency that investors turn to in times of global crisis. The Swiss franc is issued by the Swiss National Bank (SNB), which conducts the country's monetary policy with the aim of price stability. Its rate decisions and interventions on the foreign exchange market directly influence the value of the franc, particularly against the euro (EUR/CHF). You can convert the Swiss franc (CHF) into the euro (EUR), the US dollar (USD), the pound sterling (GBP), the Canadian dollar (CAD) and the Singapore dollar (SGD), as well as other currencies such as the Turkish lira, the Japanese yen, the Norwegian and Swedish krona, the New Zealand dollar and the Hong Kong dollar. ## Exchange your Swiss francs at the fair market rate. Get a personal Swiss IBAN, convert the Swiss franc at the real rate (+ margin from 0.15%) and transfer with no hidden fees. Opening an account is free, 100% digital and takes just 5 minutes. [OPEN A FREE ACCOUNT](https://www.ibani.com/en/app) [Back to the converter](https://www.ibani.com/en/currency-converter) ✓ Real interbank rate  ·  ✓ Margin from 0.15%  ·  ✓ Affiliated with SO-FIT (SRO) [![SO-FIT logo](https://www.ibani.com/images/sofit-light.svg)](https://so-fit.ch/) ## 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](https://so-fit.ch/) 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](https://www.finma.ch/en/authorisation/self-regulatory-organisations-sros/)).