Exchange Rate Calculator

The exchange rate between the Swiss Franc (CHF) and the Brazilian Real (BRL) has experienced notable fluctuations over the past few months. This report provides an analysis of the recent trends, underlying factors influencing these movements, and potential future outlooks.

Recent Exchange Rate Trends

In 2024, the CHF/BRL exchange rate exhibited significant volatility. The highest recorded rate was 7.4834 BRL per CHF on December 25, 2024, while the lowest was 5.5075 BRL per CHF on March 26, 2024. The average exchange rate for the year stood at 6.1295 BRL per CHF, marking an 18.19% appreciation of the Swiss Franc against the Brazilian Real over the year.

Entering 2025, the exchange rate continued to fluctuate. As of March 4, 2025, the CHF reached a peak of 7.0077 BRL. The average rate for the year up to that point was 6.5297 BRL, with the lowest rate recorded at 6.2944 BRL on February 18, 2025.

Factors Influencing Exchange Rate Movements

Several factors have contributed to the observed fluctuations in the CHF/BRL exchange rate:

1. Economic Performance and Monetary Policies: Switzerland's stable economy and conservative monetary policies have bolstered the CHF's strength. In contrast, Brazil's economic performance, influenced by factors such as inflation rates, fiscal policies, and political stability, has impacted the BRL's valuation.

2. Global Market Sentiment: The Swiss Franc is often considered a safe-haven currency. During periods of global economic uncertainty or market volatility, investors tend to flock to the CHF, increasing its value relative to other currencies, including the BRL.

3. Commodity Prices: Brazil's economy is significantly influenced by commodity exports. Fluctuations in global commodity prices, such as those of oil and agricultural products, can affect the BRL's strength. A decline in commodity prices typically leads to a weaker BRL.

4. Interest Rate Differentials: Differences in interest rates set by the Swiss National Bank and the Central Bank of Brazil can influence capital flows. Higher interest rates in Brazil may attract foreign investment, strengthening the BRL, while lower rates can have the opposite effect.

Future Outlook

Forecasts for the CHF/BRL exchange rate suggest a gradual appreciation of the Swiss Franc against the Brazilian Real. Projections indicate an average rate of approximately 7.2213 BRL per CHF by the end of 2025, with values expected to range between 7.2069 and 7.2356 BRL. Looking ahead to 2026, the average rate is forecasted at 7.2786 BRL per CHF, fluctuating between 7.2571 and 7.3001 BRL.

These projections are based on current economic trends and assumptions about future developments. However, exchange rates are subject to change due to unforeseen economic events, policy changes, and shifts in global market sentiment.

Conclusion

The CHF/BRL exchange rate has demonstrated considerable volatility over the past year, influenced by a complex interplay of economic performance, monetary policies, global market sentiment, commodity prices, and interest rate differentials. While forecasts suggest a continued appreciation of the Swiss Franc against the Brazilian Real, it is essential for investors and businesses engaged in transactions involving these currencies to stay informed about ongoing economic developments and be prepared for potential fluctuations in the exchange rate.