Exchange Rate Calculator

The exchange rate between the Swiss Franc (CHF) and the Canadian Dollar (CAD) has exhibited notable fluctuations over the past several months, influenced by various economic factors and monetary policies. This report provides an analysis of the recent trends, underlying causes, and future projections for the CHF/CAD currency pair.

Recent Exchange Rate Trends

Between September 2024 and March 2025, the CHF/CAD exchange rate experienced significant variability. The highest recorded rate during this period was 1.6400 CAD per CHF on March 10, 2025, while the lowest was 1.5644 CAD per CHF on November 22, 2024. The average exchange rate over these six months stood at approximately 1.5946 CAD per CHF. (exchangerates.org.uk)

In the first quarter of 2025, the Swiss Franc appreciated against the Canadian Dollar, reaching a peak of 1.6400 CAD per CHF in early March. This upward trend was followed by a slight depreciation, with the rate settling at 1.6317 CAD per CHF by March 21, 2025. (exchangerates.org.uk)

Factors Influencing the CHF/CAD Exchange Rate

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

1. Monetary Policies: The Swiss National Bank (SNB) and the Bank of Canada (BoC) have implemented monetary policies that impact their respective currencies. For instance, the BoC's decision to cut its interest rate to 3.25% in response to slowing economic growth has influenced the CAD's value. (fastbull.com)

2. Economic Indicators: Economic performance metrics such as GDP growth, inflation rates, and employment figures in both Switzerland and Canada play a crucial role in currency valuation. Strong economic data from Switzerland can bolster the CHF, while positive indicators from Canada can strengthen the CAD.

3. Commodity Prices: Canada's economy is significantly influenced by commodity exports, particularly oil. Fluctuations in oil prices can affect the CAD's strength, with rising prices typically supporting the currency and declining prices exerting downward pressure.

4. Global Economic Events: Geopolitical developments, trade agreements, and global economic trends can impact investor sentiment and, consequently, currency exchange rates.

Future Projections

Forecasts for the CHF/CAD exchange rate over the next year suggest a potential appreciation of the Swiss Franc against the Canadian Dollar. Analysts predict that the exchange rate could reach approximately 1.7652 CAD per CHF within the next year, representing an 8.89% increase from current levels. (coincodex.com)

However, other projections indicate a potential depreciation of the CHF against the CAD in the near term. For example, a three-month forecast anticipates the exchange rate to fall to 1.6129 CAD per CHF, a 1.22% decrease from the current rate. (exchangerates.org.uk)

Conclusion

The CHF/CAD exchange rate has been subject to fluctuations driven by monetary policies, economic indicators, commodity prices, and global events. While some forecasts predict an appreciation of the Swiss Franc against the Canadian Dollar over the next year, others suggest a potential short-term depreciation. Investors and businesses engaged in transactions involving these currencies should closely monitor these factors to make informed decisions.