Exchange Rate Calculator

The exchange rate between the Swiss Franc (CHF) and the Canadian Dollar (CAD) has exhibited notable fluctuations over the past few months, reflecting the dynamic interplay of economic factors influencing both currencies.

Recent Exchange Rate Trends

In 2025, the CHF/CAD exchange rate has experienced significant variability. The highest recorded rate was 1.6398 CAD per CHF on March 10, 2025, while the lowest was 1.5644 CAD per CHF on February 11, 2025. The average exchange rate during this period was approximately 1.5933 CAD per CHF.

This upward trend in the CHF/CAD exchange rate indicates a strengthening of the Swiss Franc relative to the Canadian Dollar. Several factors may contribute to this appreciation, including differences in economic performance, interest rate differentials, and external trade balances between Switzerland and Canada.

Factors Influencing the Exchange Rate

Economic Performance and Monetary Policy

Switzerland's economy is characterized by stability and a strong financial sector, which can attract investors seeking safe-haven assets, thereby increasing demand for the Swiss Franc. Conversely, Canada's economy is heavily reliant on commodity exports, particularly oil. Fluctuations in global commodity prices can significantly impact the Canadian Dollar's value.

Monetary policies set by the Swiss National Bank (SNB) and the Bank of Canada (BoC) also play crucial roles. For instance, if the SNB maintains lower interest rates compared to the BoC, it could lead to capital outflows from Switzerland, potentially weakening the CHF. Conversely, higher interest rates in Switzerland relative to Canada could attract capital inflows, strengthening the CHF.

Trade Balances and External Factors

Switzerland's trade surplus, driven by exports of pharmaceuticals, machinery, and financial services, supports the CHF. In contrast, Canada's trade balance is influenced by its commodity exports. A decline in commodity prices can lead to a trade deficit, exerting downward pressure on the CAD.

Global economic events, such as geopolitical tensions or financial crises, can also impact investor sentiment, leading to increased demand for safe-haven currencies like the CHF.

Historical Context

Looking back, the CHF/CAD exchange rate has shown a general upward trend. In 2024, the highest rate was 1.6212 CAD per CHF on August 5, with an average rate of 1.5567 CAD per CHF. The lowest rate during that year was 1.4922 CAD per CHF on May 27.

This historical perspective indicates a gradual appreciation of the CHF against the CAD over the past year, influenced by the aforementioned economic factors.

Implications for Stakeholders

Investors and Traders

For investors and forex traders, understanding the factors influencing the CHF/CAD exchange rate is crucial for making informed decisions. Monitoring economic indicators, central bank policies, and global commodity prices can provide insights into potential currency movements.

Businesses and Consumers

Businesses engaged in trade between Switzerland and Canada should consider the impact of exchange rate fluctuations on pricing, costs, and profitability. Consumers traveling between the two countries or making cross-border purchases may also be affected by changes in the exchange rate.

Conclusion

The CHF/CAD exchange rate has experienced notable fluctuations over the past few months, reflecting the complex interplay of economic performance, monetary policies, trade balances, and global events. Staying informed about these factors is essential for stakeholders to navigate the dynamic currency landscape effectively.