Exchange Rate Calculator

The exchange rate between the Swiss Franc (CHF) and the New Taiwan Dollar (TWD) has exhibited notable fluctuations over the past several months. This report provides an analysis of the recent trends, underlying factors influencing these movements, and potential future outlooks for the CHF/TWD currency pair.

Recent Exchange Rate Trends

Over the six-month period from September 20, 2024, to March 19, 2025, the CHF/TWD exchange rate experienced a range of movements:

• Highest Rate: 37.813 TWD per CHF on September 23, 2024.
• Lowest Rate: 35.943 TWD per CHF on February 11, 2025.
• Average Rate: 36.717 TWD per CHF over this period.

This data indicates a peak in late September 2024, followed by a gradual decline reaching its lowest point in mid-February 2025. Subsequently, the exchange rate showed signs of recovery. (exchange-rates.org)

Factors Influencing Exchange Rate Movements

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

1. Economic Indicators: Switzerland's economic performance, including GDP growth and inflation rates, directly impacts the strength of the CHF. Similarly, Taiwan's economic indicators influence the TWD. Divergences in these indicators can lead to exchange rate adjustments.

2. Central Bank Policies: Decisions by the Swiss National Bank (SNB) and the Central Bank of the Republic of China (Taiwan) regarding interest rates and monetary policies affect investor confidence and currency valuations.

3. Global Economic Events: Trade agreements, geopolitical tensions, and global market dynamics can cause investors to seek safe-haven currencies like the CHF, influencing its value relative to the TWD.

Forecast and Future Outlook

Analysts project a gradual appreciation of the CHF against the TWD in the coming months. Forecasts suggest that the exchange rate could reach approximately 39.92 TWD per CHF by June 2025, representing a potential increase of around 7.50% from current levels. (coincodex.com)

This anticipated appreciation is attributed to factors such as Switzerland's stable economic environment and the CHF's status as a safe-haven currency. However, it's important to note that exchange rate forecasts are subject to uncertainties, including changes in economic policies, global market conditions, and unforeseen geopolitical events.

Conclusion

The CHF/TWD exchange rate has experienced significant fluctuations over the past several months, influenced by a combination of economic indicators, central bank policies, and global economic events. While forecasts indicate a potential appreciation of the CHF against the TWD in the near future, stakeholders should remain vigilant and consider the inherent uncertainties in currency markets when making financial decisions.