The real EUR/CHF 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.
EUR → CHF · Real-time rateConvert euros
into Swiss francs (EUR → CHF)
1 EUR = 0.9187 CHF as of 27 October 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).
Change your euros (EUR) into Swiss francs (CHF) at the real interbank rate, in real time. Ideal for paying rent, bills or a supplier in Switzerland from the eurozone, with a margin from 0.40% to 0.15% and no hidden fees.
EUR → CHFCurrency pair
Real timeMarket rate
0.15%Margin from
Simulate your transfer
No hidden fees1 EUR = 0.9187 CHF Rate as of 27 October 2026
918.71
Estimated annual saving
—
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EUR/CHF conversion at a glance
Convert euros into Swiss francs, at the right rate
The essentials to change your EUR into CHF 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.
SEPA transfer in euros
Fund your account in EUR from the eurozone, with no incoming fees, then convert into CHF 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
EUR → CHF: ibani, bank or exchange office?
On an exchange of EUR 5'000 per month, the margin applied to the rate makes all the difference over the year.
| 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 | EUR 0 | Variable | — |
| Estimated annual cost* | ~EUR 240 | ~EUR 900 | > EUR 1'000 |
| 100% digital tracking | Yes | Partial | No |
*Indicative orders of magnitude for an exchange of EUR 5'000/month over 1 year. See the details on our Rates page.
Rate movement
EUR / CHF exchange rate live
Follow the pair's trend to choose the right moment for your exchange.
| Indicator | 30 days | 90 days |
|---|---|---|
| High | 0.9478 | 0.9478 |
| Low | 0.9211 | 0.9211 |
| Average | 0.9319 | 0.9364 |
| Change | −2.34% | −0.95% |
European Central Bank reference rates, from 29 July to 26 October (90 days) and from 28 September to 26 October (30 days), 2026. 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 EUR worth in CHF (and vice versa)?
Indicative amounts, ibani margin included, updated continuously.
Indicative rate as of 27 October 2026, ibani margin included; the rate applied is the one in effect when you place your order.
How to convert
Your EUR changed into CHF, 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 euros
Make a SEPA transfer in EUR from your eurozone bank, with no incoming fees.
Send your Swiss francs at the real rate
ibani converts your EUR into CHF at the market rate, plus a margin of 0.40% to 0.15% depending on the amount, and transfers the francs to the Swiss account of your choice.
USD
GBP
CAD
SGDMarkets · updated 19 October 2026
EUR/CHF: what has moved in recent months
Seen from the euro area, the sequence is paradoxical: the ECB raised its deposit rate to 2.50% on 10 September and inflation accelerated to 3.8% in September, yet the euro fell against the franc. After a high for the year of 0.9478 on 30 September, the ECB reference rate of 19 October came in at 0.9261 francs to the euro, 1.1% below its 28 August level.
EURThe ECB raised rates in September
On 10 September 2026 the European Central Bank raised its three key interest rates by 25 basis points: the deposit facility rate rose to 2.50% and the main refinancing operations rate to 2.65%, effective 16 September. Euro area inflation accelerated to 3.8% in September, after 3.2% in August, according to Eurostat. Yet the euro fell against the dollar: EUR/USD hit its low for the year on 7 October, at 1.1177, and stood at 1.1225 on 19 October. The next decision is on 29 October 2026, then on 17 December.
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.
EUR → CHF
What it means for you
Two dates to watch: the ECB on 29 October, then the SNB on 10 December. A rate hike was not enough to support the euro in September, and nothing guarantees that an October decision would have more effect. Spreading conversions avoids making everything depend on a single meeting.
ECB reference rate on 19 October 2026: 1 EUR ≈ 0.9261 CHF (excluding margin). The rate shown at the top of the page includes the ibani margin; the converter shows the live rate.
Sources: ECB, monetary policy decision of 10 September 2026 · Eurostat, euro area September inflation published 16 October 2026 · ECB, euro foreign exchange reference rates · SNB, monetary policy assessment of 24 September 2026 · Federal Statistical Office, September consumer price index published 1 October 2026.
General market information, compiled from the sources cited; it constitutes neither investment advice nor a forecast.
The economics of the pair
EUR/CHF: the ECB versus the SNB
The rate between the euro (EUR) and the Swiss franc (CHF) is one of the most closely watched monetary indicators in Europe. Its dynamics play out in the balance of power between two central banks: the European Central Bank (ECB), which steers the eurozone currency, and the Swiss National Bank (SNB).
For a holder of euros who has to settle an expense in Switzerland, the underlying trend is unfavourable: the euro has gradually weakened against the franc. The reasons: long higher inflation in the eurozone, the CHF's safe-haven status and an SNB that tolerates a strong franc to cushion the cost of its imports. With each surge of uncertainty in the eurozone, capital flows into the franc and the euro falls back.
Historical reference points: the floor rate of 1.20 CHF per 1 EUR set by the SNB in 2011, its abrupt abandonment in January 2015 (the "Francogeddon"), then the lasting move of the euro below parity (1 EUR < 1 CHF) from 2022. To anticipate, consult our EUR/CHF forecasts.
Written by Brice Delhome.
Frequently asked questions
Frequently asked questions about EUR/CHF exchange
There is no universally ideal day. The EUR/CHF rate depends on market movements and on the decisions of the ECB and the SNB. The euro tends to weaken against the Swiss franc in times of uncertainty in the eurozone, when investors seek refuge in the CHF. Monitor the real rate continuously and trigger your exchange at the moment that suits you.
With ibani, you fund your account in euros by SEPA transfer from your eurozone bank. ibani converts your EUR into Swiss francs at the real market rate, plus a margin of 0.40% to 0.15% depending on the amount, then transfers the CHF to the Swiss account of your choice (rent, bills, supplier or beneficiary), with no hidden fees.
Since 2022, the euro has traded lastingly below 1 Swiss franc. This weakness of the euro is explained by higher inflation in the eurozone, by the franc's safe-haven status and by the SNB's policy, which tolerates a strong CHF to contain imported inflation.
ibani applies a transparent margin from 0.40% to 0.15% on the real interbank rate, decreasing with amounts. There are no opening, account maintenance or incoming SEPA transfer fees. It's up to 10× cheaper than a traditional bank. See the details on the Rates page.
Change your euros
into Swiss francs at the right rate.
Fund your account in euros, convert your EUR into CHF at the real rate (+ margin from 0.15%) and pay or transfer to Switzerland 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).