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, underlying factors influencing the exchange rate, and potential future movements.

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. (ycharts.com) This represents a decline from earlier in the year; for instance, on January 31, 2025, the exchange rate was 0.62639. (exchangerates.org.uk) The downward trend has been consistent, with the exchange rate decreasing by approximately 2.97% over the past 50 days. (poundsterlinglive.com)

Factors Influencing the CAD/CHF Exchange Rate

Several factors have contributed to the recent movements in the CAD/CHF exchange rate:

1. Monetary Policy Decisions: In December 2024, the Bank of Canada (BoC) reduced its interest rate to 3.25%, marking the second consecutive 50 basis point cut that year. This decision was aimed at addressing slowing economic growth and maintaining inflation near the 2% target. Simultaneously, the Swiss National Bank (SNB) lowered its interest rate to 0.50% on December 12, 2024, to support the domestic economy amid weak growth and deflationary pressures. (fastbull.com)

2. Oil Prices: Canada's economy is significantly influenced by oil prices due to its status as a major oil exporter. Fluctuations in oil prices can impact the value of the Canadian Dollar. In the past week, oil prices have seen slight increases, which can affect the CAD's strength relative to other currencies. (fastbull.com)

3. Safe-Haven Demand: The Swiss Franc is traditionally considered a safe-haven currency, often appreciating during periods of global economic uncertainty. Any increase in risk aversion among investors can lead to a stronger CHF, thereby affecting the CAD/CHF exchange rate.

Technical Analysis

As of March 15, 2025, technical indicators suggested a strong buy signal for CAD/CHF:

• Relative Strength Index (RSI): At 66.658, indicating buying momentum.

• Moving Averages: All major moving averages (MA5, MA10, MA20, MA50, MA100, MA200) signaled a buy.

• MACD: Positive at 0.001, supporting a buy signal.

(investing.com)

However, some indicators like the Stochastic Oscillator (83.66) and Williams %R (-11.628) were in the overbought territory, suggesting potential for a price correction.

Forecast and Outlook

Forecasts indicate a modest appreciation of the CAD against the CHF in the near future. In three months, the exchange rate is expected to rise to 0.62, approximately 0.75% higher than the current rate. (exchangerates.org.uk) Daily forecasts for March 2025 suggest the exchange rate will average around 0.6151, with fluctuations between 0.6098 and 0.6214. (exchange-rates.org)

Conclusion

The CAD/CHF exchange rate has been on a downward trend in recent months, influenced by monetary policy decisions, oil price fluctuations, and global economic sentiment. While technical indicators currently suggest a strong buy, the presence of overbought signals warrants caution. Forecasts predict a slight appreciation of the CAD against the CHF in the coming months, but investors should remain vigilant to global economic developments and central bank policies that could impact this currency pair.