Exchange Rate Calculator

The exchange rate between the Swiss Franc (CHF) and the New Zealand Dollar (NZD) has exhibited notable fluctuations over the past several months. Understanding these movements requires an examination of historical data, technical indicators, and economic factors influencing both currencies.

Historical Exchange Rate Overview

Between September 2024 and March 2025, the CHF/NZD exchange rate experienced significant volatility. The lowest point during this period was 1.8648 NZD per CHF on September 30, 2024, while the highest was 1.9960 NZD per CHF on March 9, 2025. The average exchange rate over these six months was approximately 1.9375 NZD per CHF. (exchangerates.org.uk)

In the first quarter of 2025, the exchange rate continued to fluctuate. On February 20, 2025, it reached a low of 1.9302 NZD per CHF, and by March 10, 2025, it peaked at 1.9945 NZD per CHF. This indicates a strengthening of the Swiss Franc against the New Zealand Dollar during this period. (exchange-rates.org)

Technical Analysis

As of March 20, 2025, technical indicators suggested a strong buy signal for the CHF/NZD pair. The Relative Strength Index (RSI) stood at 70.34, indicating that the currency pair was approaching overbought territory. Other indicators, such as the Moving Average Convergence Divergence (MACD) and the Average Directional Index (ADX), also supported a bullish outlook. (investing.com)

Economic Factors Influencing the Exchange Rate

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

• Interest Rate Differentials: The monetary policies of the Swiss National Bank (SNB) and the Reserve Bank of New Zealand (RBNZ) play a crucial role. Any changes in interest rates by these central banks can influence investor sentiment and capital flows, thereby affecting the exchange rate.

• Economic Performance: Indicators such as GDP growth, inflation rates, and employment figures in both Switzerland and New Zealand impact their respective currencies. For instance, stronger economic performance in Switzerland relative to New Zealand can lead to a stronger CHF against the NZD.

• Global Market Sentiment: As a traditional safe-haven currency, the Swiss Franc often appreciates during periods of global economic uncertainty, while the New Zealand Dollar, being a commodity-linked currency, may weaken under such conditions.

Forecasts and Future Outlook

Looking ahead, various forecasts suggest a continued appreciation of the Swiss Franc against the New Zealand Dollar. Projections indicate that the CHF/NZD exchange rate could reach 2.12 within the next six months and 2.20 within a year, representing increases of approximately 6.63% and 10.62%, respectively. (coincodex.com)

Another forecast anticipates the exchange rate to rise to 2.0408 in four months, a 2.62% increase from the current rate. (exchangerates.org.uk)

Conclusion

The CHF/NZD exchange rate has shown considerable volatility over the past several months, influenced by a combination of technical indicators and economic factors. Current forecasts suggest a potential appreciation of the Swiss Franc against the New Zealand Dollar in the near to medium term. Investors and traders should monitor central bank policies, economic performance indicators, and global market sentiment to make informed decisions regarding this currency pair.