Exchange Rate Calculator

The exchange rate between the Canadian Dollar (CAD) and the Swiss Franc (CHF) has experienced notable fluctuations over the past few months. This report provides an analysis of the recent trends, key influencing factors, and potential future outlook for the CAD/CHF currency pair.

Recent Exchange Rate Trends

As of March 20, 2025, the CAD/CHF exchange rate stood at 0.6134, indicating that one Canadian Dollar was equivalent to 0.6134 Swiss Francs. This represents a decline from earlier in the year; for instance, on January 31, 2025, the exchange rate was 0.62639.

The downward trend has been consistent, with the exchange rate decreasing from 0.6377 on February 12, 2025, to 0.6134 by March 20, 2025. This decline reflects a weakening of the Canadian Dollar relative to the Swiss Franc over this period.

Technical Analysis

Technical indicators as of March 19, 2025, suggest a bearish outlook for the CAD/CHF pair:

• Relative Strength Index (RSI): At 30.97, indicating the currency pair is approaching oversold conditions.
• Stochastic Oscillator (STOCH): At 41.666, signaling a sell.
• Moving Average Convergence Divergence (MACD): At -0.001, also indicating a sell.

Additionally, all moving averages (MA5, MA10, MA20, MA50, MA100, MA200) are below the current price, reinforcing the bearish sentiment.

Influencing Factors

Several factors have contributed to the recent depreciation of the Canadian Dollar against the Swiss Franc:

• Monetary Policy: The Bank of Canada (BoC) reduced its interest rate to 3.25% in December 2024, marking the second consecutive 50 basis point cut in response to slowing economic growth and stable inflation near its 2% target. In contrast, the Swiss National Bank (SNB) also cut its interest rate to 0.50% on December 12, 2024, to support the domestic economy amid weak growth and deflationary pressures.
• Commodity Prices: As a major oil exporter, Canada's currency is sensitive to oil price fluctuations. Although oil prices have risen slightly over the past week, the overall impact on the CAD has been limited.
• Global Economic Conditions: The Swiss Franc is often considered a safe-haven currency. In times of global economic uncertainty, investors may flock to the CHF, increasing its value relative to other currencies, including the CAD.

Future Outlook

The future trajectory of the CAD/CHF exchange rate will depend on several factors:

• Monetary Policy Decisions: Any further adjustments by the BoC or SNB could influence the exchange rate.
• Commodity Market Trends: Significant changes in oil prices could impact the Canadian economy and, consequently, the CAD.
• Global Economic Stability: Continued economic uncertainty may bolster the CHF's status as a safe-haven currency, potentially leading to further appreciation against the CAD.

Given the current technical indicators and fundamental factors, the CAD/CHF pair may continue to face downward pressure in the near term. Investors should monitor central bank policies, commodity price movements, and global economic developments to make informed decisions regarding this currency pair.