The real GBP/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.
GBP → CHF · Real-time rateConvert pounds sterling
into Swiss francs (GBP → CHF)
1 GBP = 1.0931 CHF as of 9 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).
Change your pounds sterling (GBP) into Swiss francs (CHF) at the real interbank rate, in real time. Ideal for your transfers to Switzerland, with a margin from 0.40% to 0.15% and no hidden fees.
GBP → CHFCurrency pair
Real timeMarket rate
0.15%Margin from
Simulate your transfer
No hidden fees1 GBP = 1.0931 CHF Rate as of 9 November 2026
1'093.06
Estimated annual saving
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GBP/CHF conversion in a nutshell
Convert pounds sterling into Swiss francs, at the right rate
The essentials to change your GBP 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.
Personal Swiss IBAN
Receive your funds on an IBAN in your name and convert your pounds into francs automatically.
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
GBP → CHF: ibani, bank or exchange office?
On an exchange of 5'000 GBP, the margin applied to the rate makes all the difference to the amount received in francs.
| 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 | 0 CHF | Variable | — |
| Estimated cost* on 5'000 GBP | ~20 CHF | ~90 CHF | > 100 CHF |
| 100% digital tracking | Yes | Partial | No |
*Indicative orders of magnitude for a one-off exchange of 5'000 GBP. See the details on our Rates page.
Rate trend
GBP / CHF exchange rate live
Follow the pair's trend to choose the right moment for your exchange.
| Indicator | 30 days | 90 days |
|---|---|---|
| High | 1.1056 | 1.1090 |
| Low | 1.0961 | 1.0887 |
| Average | 1.1013 | 1.0988 |
| Change | −0.45% | +0.41% |
European Central Bank reference rates, from 10 August to 6 November (90 days) and from 8 October to 6 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 GBP in CHF (and the other way round)?
Indicative amounts, ibani margin included, updated continuously.
Indicative rate as of 9 November 2026, ibani margin included; the rate applied is the one in effect when you place your order.
How to convert
Your GBP 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.
Get your personal IBAN
Use it to receive your pounds sterling directly on your ibani account.
Receive your Swiss francs at the real rate
ibani converts your GBP 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 destination account.
EUR
USD
CAD
SGDMarkets · updated 19 October 2026
GBP/CHF: what has moved in recent months
The pound has benefited from a Bank of England that stayed firm: a hold at 3.75% on 17 September, but three votes for a rise to 4%, and inflation back up at 3.1% in August. Against the franc, it hit 1.1090 on 30 September, its high for the year, and stood at 1.0998 at the 19 October reference rate.
GBPSterling at its strongest against the euro in sixteen months
On 17 September 2026 the Bank of England kept Bank Rate at 3.75% by six votes to three: Megan Greene, Catherine Mann and Huw Pill wanted to raise it to 4%. UK inflation rose back to 3.1% in August, from 2.9%; the September figure is published on 21 October. At the ECB reference rate of 19 October, EUR/GBP fell to 0.84205, its low for the year and its weakest level since June 2025. The next decision is on 5 November 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.
GBP → CHF
What it means for you
Against the franc, the pound remains dependent on the rate differential, which stands at 3.75 points. The Bank of England's next decision, on 5 November 2026, could confirm or erode it; until then, converting in tranches avoids exposing a full amount to a single session.
ECB reference rate on 19 October 2026: 1 GBP ≈ 1.0998 CHF (excluding margin). The rate shown at the top of the page includes the ibani margin; the converter shows the live rate.
Sources: Bank of England, monetary policy summary of 17 September 2026 · Office for National Statistics, August 2026 consumer price index · 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
GBP/CHF: the Bank of England versus the SNB
The rate between the pound sterling (GBP) and the Swiss franc (CHF) pits two currencies of very different nature against each other. Its dynamics are dictated by the monetary policy gap between two central banks: the Bank of England (BoE) and the Swiss National Bank (SNB).
The pound is a cyclical currency, highly reactive to British economic releases, BoE rate decisions and the political context in the United Kingdom. The Swiss franc, by contrast, plays the role of a safe haven: the SNB runs a rigorous policy to contain imported inflation and tolerates an appreciation of the CHF against more volatile currencies. In times of tension, capital often moves from the pound to the franc.
Points of reference: the 2016 Brexit referendum and its aftermath weighed heavily on the pound, while the SNB's abandonment of the EUR/CHF floor in January 2015 caused the franc to surge on all pairs, GBP/CHF included. Watch the calendar of BoE and SNB meetings to choose your moment to exchange.
To go further, see our guides on how to lock in a favourable rate and calculate an exchange rate.
Written by Brice Delhome.
Frequently asked questions
Frequently asked questions about GBP/CHF exchange
There is no universal ideal moment. The GBP/CHF rate depends on the monetary policy gap between the Bank of England (BoE) and the SNB, as well as the risk climate on the markets. The Swiss franc, a safe-haven currency, tends to appreciate against the pound in times of uncertainty. Monitor the real rate continuously and trigger your exchange at the moment that suits you.
With ibani, you get a personal IBAN and share your transfer details. As soon as your GBP is received, the funds are converted into Swiss francs at the real market rate, plus a margin of 0.40% to 0.15% depending on the amount, and transferred to the destination account, with no hidden fees.
The pound sterling is a currency sensitive to British economic releases, Bank of England decisions and the political context (Brexit, budgets). Against it, the Swiss franc remains stable and sought after as a safe haven. This difference in nature explains sometimes pronounced movements on the GBP/CHF pair.
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. See the details on the Rates page.
Change your pounds sterling
into Swiss francs at the right rate.
Get a personal Swiss IBAN, convert your GBP into CHF at the real rate (+ margin from 0.15%) and transfer 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).