Exchange Rate Calculator

The exchange rate between the Swiss Franc (CHF) and the Mexican Peso (MXN) has exhibited 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 for the CHF/MXN currency pair.

Recent Exchange Rate Trends

January 2025: The CHF/MXN exchange rate began the year at 22.960 MXN per CHF on January 1, 2025. Throughout the month, the rate experienced minor fluctuations, reaching a low of 22.371 MXN on January 7 and closing the month at 22.705 MXN on January 31. The average exchange rate for January was approximately 22.618 MXN per CHF.

February 2025: In February, the exchange rate continued to exhibit slight volatility. The lowest point was recorded on February 3 at 22.365 MXN per CHF, while the highest was on February 5 at 22.835 MXN. The average rate for the month stood at 22.589 MXN per CHF.

March 2025: March saw a gradual appreciation of the Swiss Franc against the Mexican Peso. The exchange rate increased from 22.7188 MXN per CHF on February 28 to 23.1386 MXN on March 28, marking a 1.84% rise over the month.

Factors Influencing the Exchange Rate Movements

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

1. Economic Indicators: Switzerland's robust economic performance, characterized by low unemployment rates and stable GDP growth, has bolstered the Swiss Franc. Conversely, Mexico's economic indicators, including inflation rates and trade balances, have influenced the Peso's valuation.

2. Monetary Policies: The Swiss National Bank's monetary policies, particularly interest rate decisions, have a direct impact on the CHF's strength. Similarly, the Bank of Mexico's policies affect the MXN. Divergent monetary policies between the two countries can lead to exchange rate adjustments.

3. Global Market Sentiment: As a traditional safe-haven currency, the Swiss Franc often appreciates during periods of global economic uncertainty. Any geopolitical tensions or financial market volatility can lead investors to seek refuge in the CHF, affecting its exchange rate against the MXN.

4. Trade Relations: Bilateral trade dynamics between Switzerland and Mexico, including trade balances and agreements, can influence currency demand and supply, thereby impacting the exchange rate.

Historical Context

Looking back, the CHF/MXN exchange rate has experienced significant variations:

• 2024: The exchange rate ranged from a low of 18.030 MXN per CHF on April 8 to a high of 23.732 MXN on September 10, with an average rate of 20.838 MXN for the year.

• 2023: The lowest exchange rate was 18.9225 MXN, while the highest reached 21.101 MXN, averaging 19.7344 MXN throughout the year.

These historical fluctuations underscore the exchange rate's sensitivity to various economic and geopolitical factors.

Future Outlook

Forecasts suggest a modest appreciation of the Swiss Franc against the Mexican Peso in the near term. For instance, projections indicate an increase from the current rate of 22.96 MXN per CHF to 23.33 MXN over the next month, representing a 1.61% rise.

However, it's essential to consider that exchange rate forecasts are subject to uncertainties, including unforeseen economic developments, changes in monetary policies, and global market dynamics. Investors and businesses engaged in CHF/MXN transactions should stay informed about these factors and consider hedging strategies to mitigate potential risks.

Conclusion

The CHF/MXN exchange rate has demonstrated variability influenced by economic indicators, monetary policies, global market sentiment, and trade relations. While recent trends indicate a slight appreciation of the Swiss Franc against the Mexican Peso, stakeholders should remain vigilant to the myriad factors that can impact this currency pair. Continuous monitoring and strategic planning are advisable to navigate the complexities of the foreign exchange market effectively.