EUR → CHF · Real-time rate

Convert euros
into Swiss francs (EUR → CHF)

Q: When should you convert your euros into Swiss francs (EUR/CHF)?

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.

Q: How do you pay or transfer Swiss francs from the eurozone?

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, then transfers the CHF to the Swiss account of your choice (rent, bills, supplier or beneficiary), with no hidden fees.

Q: Why did the EUR/CHF rate fall below parity?

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.

Q: What are the fees to convert EUR into CHF with ibani?

ibani applies a transparent margin from 0.40% on the real interbank rate, decreasing with amounts. There are no opening, account maintenance or incoming SEPA transfer fees. It's up to 10 times cheaper than a traditional bank.

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% and no hidden fees.

Open my free account Conversion tables

EUR → CHFCurrency pair

Real timeMarket rate

0.40%Margin from

35'000+ clientsIndividuals & businesses

CHF 1 Billion+Exchanged since 2018

Up to 10× cheaperThan a traditional bank

4.7/5 · ExcellentOn 2'000+ client reviews

Affiliated with SO-FIT (SRO)^*

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.

The real EUR/CHF rate

The interbank (mid-market) rate, with no inflated margin hidden in the displayed rate.

A margin from 0.40%

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, converted into CHF at the real rate.

A reliable Swiss partner

ibani SA, founded in Geneva in 2018, a financial intermediary affiliated with SO-FIT, 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	From 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.

Conversion tables

How much is 1 EUR worth in CHF (and vice versa) ?

Indicative amounts, ibani margin included, updated continuously.

EUR	CHF
EUR 1	—
EUR 5	—
EUR 10	—
EUR 50	—
EUR 100	—
EUR 500	—
EUR 1'000	—
EUR 5'000	—
EUR 10'000	—
EUR 50'000	—

CHF	EUR
CHF 1	—
CHF 5	—
CHF 10	—
CHF 50	—
CHF 100	—
CHF 500	—
CHF 1'000	—
CHF 5'000	—
CHF 10'000	—
CHF 50'000	—

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 and transfers the francs to the Swiss account of your choice.

Other pairs

Convert other currencies

From the euro (EUR)

To the Swiss franc (CHF)

Markets · updated 28 August 2026

EUR/CHF: what has moved in recent months

Seen from the euro area, the sequence is one of a euro that recovered all summer on the back of the ECB's 11 June hike, then failed twice at 0.9400 on 18 and 19 August. The ECB reference rate published on 24 August came in at 0.9362 francs to the euro.

EUR

The ECB tightened in June, then waited

On 11 June 2026 the European Central Bank raised its deposit rate by 25 basis points to 2.25% — its first hike since 2023 — in response to an imported energy shock, taking the main refinancing rate to 2.40%. On 23 July it left all three rates unchanged without committing to a path. Euro area inflation came in at 2.9% in July after 2.8% in June, and August PMIs moved clearly back into expansion (composite at 52.1). Rate markets price a further hike on 10 September at roughly 80%.

CHF

SNB 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.

EUR → CHF

What it means for you

The fuel behind the rebound — the expected 10 September hike — is already priced at around 80% by rate markets. Confirmation would therefore change little, whereas a disappointment would weigh quickly: smoothing conversions beats betting on a single meeting.

Benchmark on 28 August 2026: 1 EUR ≈ 0.9362 CHF. The converter at the top of this page shows the live rate.

Sources: ECB, monetary policy decisions of 11 June and 23 July 2026 · Eurostat, euro area July inflation confirmed 19 August 2026 · S&P Global, euro area flash PMI of 21 August 2026 · 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.

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

When should you convert your euros into Swiss francs (EUR/CHF) ?

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.

How do you pay or transfer Swiss francs from the eurozone ?

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, then transfers the CHF to the Swiss account of your choice (rent, bills, supplier or beneficiary), with no hidden fees.

Why did the EUR/CHF rate fall below parity ?

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.

What are the fees to convert EUR into CHF with ibani ?

ibani applies a transparent margin from 0.40% 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 and pay or transfer to Switzerland with no hidden fees. Free account opening, 100% digital, in 5 minutes.

OPEN A FREE ACCOUNT ibani for cross-border workers

✓ Real interbank rate · ✓ Margin from 0.40% · ✓ 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).

Convert eurosinto Swiss francs (EUR → CHF)

Simulate your transfer