--- title: "US dollar (USD) exchange rate" url: https://www.ibani.com/en/currency-converter/currencies/usd-us-dollar lang: en date_modified: 2026-11-06 --- Currency · USD · $ # US dollar (USD) exchange rate The US dollar is the world's leading reserve currency and the most traded currency on the planet. 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 USD rates **USD**ISO code · $ **Fed**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) SO-FIT (SRO) affiliated\*](https://so-fit.ch/) The US dollar at a glance ## The essentials on the US dollar (USD) The key facts about the world's leading reserve currency, and how to convert it at the right rate. ### ISO code USD, symbol $ The official currency of the United States of America and several territories, used well beyond its borders. ### Managed by the Fed The Federal Reserve conducts monetary policy with a dual mandate: employment and price stability. ### World's #1 currency The leading reserve currency and the most traded currency. The USD/CHF pair is closely followed 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 dollar, the world's benchmark currency. The US dollar (USD) is the most traded currency in the world and the leading global reserve currency. The undisputed benchmark of international trade, it is used to price commodities such as oil and gold, and dominates global financial transactions. For Swiss players, the **USD/CHF** pair is especially watched: both the dollar and the franc enjoy safe-haven status, and their interplay offers significant optimisation opportunities. Tracking this volatility is crucial for importing companies, international investors and cross-border workers with dollar commitments. USD key facts ISO code**USD · $** Central bank**Fed** Area of use**United States + international** Global rank**#1 reserve currency** Monetary policy ## The Fed's policy and the dollar The United States Federal Reserve (Fed) is the institution at the heart of US monetary policy. Its "dual mandate" explicitly aims to maximise employment while maintaining price stability, in order to support the growth of the world's leading economy. To set the pace of the US economy, the Fed uses several instruments: ### Policy rates (Fed Funds) The central lever for controlling inflation. Its sharp hikes in 2022-2023 to counter post-pandemic inflation drew capital towards US government bonds and supported the greenback. ### Easing (QE) and tightening (QT) Massive injections or withdrawals of liquidity that act on credit conditions and the money market, particularly during major crises. Every FOMC (Federal Open Market Committee) meeting is scrutinised by markets worldwide. Its decisions steer the major dynamics of the foreign exchange market and are immediately reflected in the dollar's value. History of the dollar ## Key dates of the US dollar 1792 ### Official creation of the dollar The Coinage Act makes the dollar the official currency of the United States, initially backed by a bimetallic system based on gold and silver. 1913 ### Birth of the Federal Reserve The Fed is created to stabilise a banking system that had until then been weakened by chronic financial panics. 1944 ### Bretton Woods agreements The dollar becomes the world's premier reserve currency, the only currency theoretically convertible into gold. 1971 ### End of the gold standard The "Nixon shock" ends the dollar's convertibility into gold and establishes the current floating exchange rate system. 2008 ### Financial crisis and QE Faced with the subprime crisis, the Fed deploys quantitative easing and injects trillions of dollars. 2022 ### Historic tightening To curb post-crisis global inflation, the Fed embarks on its most aggressive rate-hike cycle in decades. Today's rates ## Our rates for the US dollar (USD) Indicative value for 1 unit, ibani margin included. Click a pair for its detail and history. Indicative rate as of 6 November 2026, ibani margin included; the rate applied is the one in effect when you place your order. | | [CHF](https://www.ibani.com/en/currency-converter/currencies/chf-swiss-franc) | [EUR](https://www.ibani.com/en/currency-converter/currencies/eur-euro) | [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 USD 1 | [0.8157USD to CHF rate](https://www.ibani.com/en/currency-converter/usd-to-chf-rate) | [0.8917USD to EUR rate](https://www.ibani.com/en/currency-converter/usd-to-eur-rate) | [0.7439USD to GBP rate](https://www.ibani.com/en/currency-converter/usd-to-gbp-rate) | [1.4027USD to CAD rate](https://www.ibani.com/en/currency-converter/usd-to-cad-rate) | [1.2755USD to SGD rate](https://www.ibani.com/en/currency-converter/usd-to-sgd-rate) | | To USD 1 | [1.2138CHF to USD rate](https://www.ibani.com/en/currency-converter/chf-to-usd-rate) | [1.1102EUR to USD rate](https://www.ibani.com/en/currency-converter/eur-to-usd-rate) | [1.3308GBP to USD rate](https://www.ibani.com/en/currency-converter/gbp-to-usd-rate) | — | — | From the US dollar (USD) [USD CHF](https://www.ibani.com/en/currency-converter/usd-to-chf-rate) [USD EUR](https://www.ibani.com/en/currency-converter/usd-to-eur-rate) [USD GBP](https://www.ibani.com/en/currency-converter/usd-to-gbp-rate) [USD CAD](https://www.ibani.com/en/currency-converter/usd-to-cad-rate) [USD SGD](https://www.ibani.com/en/currency-converter/usd-to-sgd-rate) [See all our currencies →](https://www.ibani.com/en/currency-converter/currencies) News ## Latest analysis on currency exchange and forex ### USD/CHF Forecast (November 2026): The Dollar at Its Lowest Since September After the Democratic Win in the Midterm Elections As of November 4, 2026, the dollar is worth 0.8155 franc, its lowest level in reference rates since September 11, after the Democratic win in the midterm elections. A Fed hike in December remains the market's scenario. [Read article](https://www.ibani.com/en/guides/chf-usd-exchange-rate-forecast) ### EUR/CHF Forecast November 2026: Euro Falls Below 0.9200 Against the Franc On 30 October 2026, the first reference rate published after the ECB's decision to hold its rates, the euro fell below 0.9200 against the franc, to 0.9194, its lowest level since 3 July, against 0.9222 on the 29th. The ECB leaves a December hike open; the National Assembly votes on 3 November on the first part of the French budget. [Read article](https://www.ibani.com/en/guides/chf-eur-exchange-rate-forecast) ### GBP/CHF Forecast: The Pound Holds Firm Against the Franc Ahead of the Bank of England (November 2026) As of 30 October 2026, the pound sterling is worth 1.1027 francs, up 1.1% since 2 October. After a budget without a jolt, the Bank of England decides on Thursday 5 November; the market expects its rate to be raised to 4%. [Read article](https://www.ibani.com/en/guides/chf-gbp-exchange-rate-forecast) Frequently asked questions ## Frequently asked questions about the US dollar (USD) Always compare the rate offered with the real interbank (mid-market) rate. 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). The US dollar is managed by the United States Federal Reserve (Fed), which conducts monetary policy with a dual mandate: to maximise employment and maintain price stability. Its policy rate decisions directly influence the value of the dollar against other currencies. The dollar's value depends mainly on the Fed's rate decisions, US inflation and employment data, and its status as a safe-haven asset sought in global crises. As the world's leading reserve currency, the USD also serves as a benchmark for international trade and the pricing of commodities such as oil. You can convert the US dollar (USD) into the Swiss franc (CHF), the euro (EUR), 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 krone, the New Zealand dollar and the Hong Kong dollar. ## Exchange your dollars at the right market rate. Get a personal Swiss IBAN, convert the dollar 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/)).