Exchange Rate Calculator

The exchange rate between the Swiss Franc (CHF) and the New Zealand Dollar (NZD) has exhibited notable fluctuations over the past few months, reflecting a complex interplay of economic indicators, market sentiments, and external factors. This report delves into the recent performance of the CHF/NZD currency pair, analyzes technical indicators, and explores forecasts to provide a comprehensive understanding of its trajectory.

Recent Performance

In the first quarter of 2025, the CHF/NZD exchange rate experienced a range of movements. The highest recorded rate was 1.9945 NZD per CHF on March 10, 2025, while the lowest was 1.9302 NZD per CHF on February 20, 2025. The average exchange rate during this period stood at approximately 1.9562 NZD per CHF.

These fluctuations can be attributed to various factors, including differences in monetary policies between the Swiss National Bank and the Reserve Bank of New Zealand, economic performance indicators from both countries, and global market dynamics.

Technical Analysis

As of March 20, 2025, technical indicators for the CHF/NZD pair suggested a strong buy signal. The Relative Strength Index (RSI) was at 70.34, indicating that the currency pair was approaching overbought territory. The Moving Average Convergence Divergence (MACD) showed a value of 0.004, supporting a bullish outlook. Additionally, all moving averages (5, 10, 20, 50, 100, and 200 periods) signaled a buy, reinforcing the positive sentiment.

However, it's important to note that technical indicators are subject to change, and the overbought RSI suggests that a market correction could occur if the trend continues without consolidation.

Forecasts

Looking ahead, forecasts indicate a potential appreciation of the CHF against the NZD. Short-term predictions suggest that the exchange rate could reach 1.98211 NZD per CHF within five days and 2.04 NZD per CHF within a month. Over a longer horizon, the rate is projected to rise to 2.08 NZD per CHF in three months and 2.20 NZD per CHF within a year.

Another analysis forecasts a rate of 2.091 NZD per CHF in one year and 2.581 NZD per CHF over five years, indicating a potential revenue increase of approximately 31.61% over the five-year period.

These projections are based on current market trends and technical analyses. However, exchange rates are influenced by a multitude of factors, including economic data releases, geopolitical events, and changes in monetary policies, which can lead to deviations from these forecasts.

Conclusion

The CHF/NZD exchange rate has shown significant variability in recent months, influenced by a range of economic and market factors. Technical analyses as of late March 2025 indicated a strong buy signal, suggesting bullish momentum. Forecasts project a continued appreciation of the CHF against the NZD in both the short and long term.

Investors and traders should remain vigilant, considering both technical indicators and fundamental economic developments when making decisions related to the CHF/NZD currency pair.