Exchange Rate Calculator

The exchange rate between the Swiss Franc (CHF) and the Singapore Dollar (SGD) has exhibited notable fluctuations over the past several months, influenced by various economic indicators and market sentiments. This report provides a comprehensive analysis of the recent trends, technical indicators, and future projections for the CHF/SGD currency pair.

Recent Exchange Rate Trends

Over the six-month period from September 16, 2024, to March 14, 2025, the CHF/SGD exchange rate experienced a decline of approximately 1.48%, indicating a depreciation of the Swiss Franc relative to the Singapore Dollar. During this timeframe, the exchange rate reached its peak at 1.5336 SGD per CHF on September 16, 2024, and hit a low of 1.4813 SGD per CHF on February 12, 2025. (exchange-rates.org)

In the more recent three-month period leading up to March 28, 2025, the exchange rate demonstrated a slight upward trend. On March 28, 2025, the CHF/SGD closed at 1.5240, marking a 0.30% increase from the previous day. This upward movement suggests a modest strengthening of the Swiss Franc against the Singapore Dollar in the short term. (investing.com)

Technical Analysis

As of March 28, 2025, technical indicators for the CHF/SGD currency pair present a predominantly bullish outlook:

• Relative Strength Index (RSI): The 14-day RSI stands at 73.547, indicating that the currency pair is approaching overbought territory.

• Moving Average Convergence Divergence (MACD): The MACD value of 0.001 suggests a bullish momentum.

• Average Directional Index (ADX): With an ADX of 46.989, the trend strength is considered strong.

• Moving Averages: Both simple and exponential moving averages across various periods (5, 10, 20, 50, 100, and 200 days) signal a 'Buy' action, reinforcing the bullish sentiment. (investing.com)

These technical indicators collectively suggest a strong buy signal for the CHF/SGD pair at the time of analysis.

Forecasts and Projections

Looking ahead, various forecasts provide insights into the potential trajectory of the CHF/SGD exchange rate:

• Short-Term Forecasts: Projections for the next few months indicate a gradual appreciation of the Swiss Franc against the Singapore Dollar. For instance, forecasts for June 2025 suggest an average exchange rate of 1.5144, with a minimum of 1.5068 and a maximum of 1.5219. (midforex.com)

• Medium-Term Forecasts: By the end of 2025, the exchange rate is expected to average around 1.5212, with values ranging between 1.5182 and 1.5242. This indicates a stable yet slightly appreciating trend for the Swiss Franc. (midforex.com)

• Long-Term Forecasts: Over the next five years, the CHF/SGD exchange rate is projected to average 1.6239, with fluctuations between 1.6164 and 1.6315. Extending to a 50-year horizon, the forecasted average rate is 2.6436, suggesting a long-term appreciation of the Swiss Franc relative to the Singapore Dollar. (midforex.com)

These projections are based on current market conditions and are subject to change due to various economic and geopolitical factors.

Factors Influencing the Exchange Rate

Several key factors influence the CHF/SGD exchange rate:

• Economic Indicators: GDP growth, inflation rates, and employment figures in both Switzerland and Singapore can impact the exchange rate.

• Monetary Policies: Decisions by the Swiss National Bank and the Monetary Authority of Singapore regarding interest rates and monetary policies play a significant role.

• Geopolitical Events: Political stability, trade agreements, and international relations can cause fluctuations in the exchange rate.

• Market Sentiment: Investor perceptions and speculative activities can lead to short-term volatility in the currency pair.

Conclusion

The CHF/SGD exchange rate has shown both short-term fluctuations and long-term trends influenced by a complex interplay of economic indicators, monetary policies, and market sentiments. Technical analysis as of late March 2025 indicates a bullish outlook, supported by various indicators signaling a 'Buy' action. Forecasts suggest a gradual appreciation of the Swiss Franc against the Singapore Dollar in the coming years. However, it is essential for investors and stakeholders to remain vigilant, as exchange rates are subject to rapid changes due to unforeseen economic and geopolitical events.