Exchange Rate Calculator

The exchange rate between the Swiss Franc (CHF) and the New Taiwan Dollar (TWD) has exhibited notable fluctuations over the past few months. This report provides an analysis of the CHF/TWD exchange rate trends from January to April 2025, highlighting key movements and potential influencing factors.

Exchange Rate Trends from January to April 2025

January 2025:
The CHF/TWD exchange rate in January 2025 experienced moderate fluctuations. The lowest rate was recorded on January 17, with 1 CHF equating to 35.949 TWD, while the highest rate occurred on January 28, reaching 36.363 TWD. The average exchange rate for the month was approximately 36.128 TWD per CHF.

February 2025:
In February, the exchange rate demonstrated a slight upward trend. The lowest point was on February 11, at 35.943 TWD per CHF, and the highest on February 25, at 36.758 TWD per CHF. The average rate for the month stood at 36.323 TWD per CHF.

March 2025:
March saw a more pronounced increase in the exchange rate. The lowest rate was on March 3, at 36.697 TWD per CHF, and the highest on March 6, reaching 37.226 TWD per CHF. The average exchange rate for March was 36.910 TWD per CHF.

April 2025:
Data for April 2025 indicates a continuation of the upward trend. By April 30, the exchange rate had risen to 37.57664 TWD per CHF.

Factors Influencing the Exchange Rate Movements

Several factors may have contributed to the observed fluctuations in the CHF/TWD exchange rate during this period:

1. Monetary Policies:

   • Swiss National Bank (SNB): The SNB's monetary policy decisions, including interest rate adjustments and interventions in the foreign exchange market, can significantly impact the value of the CHF.
   • Central Bank of the Republic of China (Taiwan): Similarly, the monetary policies implemented by Taiwan's central bank influence the TWD's strength.

2. Economic Indicators:

   • Switzerland: Economic performance indicators such as GDP growth, inflation rates, and employment figures affect investor confidence in the CHF.
   • Taiwan: Taiwan's export-driven economy means that trade balances, industrial production, and technological sector performance are crucial in determining the TWD's value.

3. Global Economic Conditions:

   • Global events, including geopolitical tensions, trade agreements, and economic crises, can lead to shifts in investor sentiment, affecting both CHF and TWD.

4. Market Sentiment and Speculation:

   • Investor perceptions and speculative activities in the foreign exchange markets can cause short-term volatility in the CHF/TWD exchange rate.

Comparative Analysis with Previous Years

Comparing the exchange rate trends in early 2025 with previous years provides additional context:

• 2024: The CHF/TWD exchange rate exhibited a gradual increase throughout the year. For instance, in August 2024, the rate was 37.57623 TWD per CHF, rising to 37.729878 TWD per CHF by September 2024.

• 2023: The exchange rate in 2023 showed a steady upward trend. In October 2023, the rate was 35.93 TWD per CHF, indicating a strengthening of the CHF against the TWD over the year.

• 2022: In October 2022, the exchange rate was 32.16 TWD per CHF, reflecting a weaker CHF relative to the TWD compared to subsequent years.

Implications for Stakeholders

The observed trends in the CHF/TWD exchange rate have several implications:

• Importers and Exporters: Businesses engaged in trade between Switzerland and Taiwan need to consider exchange rate fluctuations in their pricing and contract strategies to mitigate potential losses.

• Investors: Currency movements can impact the returns on investments denominated in CHF or TWD. Investors should monitor exchange rate trends and consider hedging strategies if necessary.

• Travelers: Individuals traveling between Switzerland and Taiwan should be aware of exchange rate trends to optimize currency exchanges and manage travel budgets effectively.

Conclusion

The CHF/TWD exchange rate from January to April 2025 has shown a consistent upward trend, with the Swiss Franc strengthening against the New Taiwan Dollar. This movement is influenced by a combination of monetary policies, economic indicators, global economic conditions, and market sentiment. Stakeholders should remain vigilant and consider these factors in their financial planning and decision-making processes.