Exchange Rate Calculator

The exchange rate between the Swiss Franc (CHF) and the US Dollar (USD) has experienced notable fluctuations over the past few months, influenced by various economic indicators, monetary policies, and global market sentiments. Understanding these dynamics is crucial for investors, businesses, and policymakers engaged in international finance.

Recent Exchange Rate Trends

As of June 27, 2025, the USD/CHF exchange rate stood at 0.7980, marking a 0.35% decline from the previous session. Over the past month, the Swiss Franc appreciated by 3.56% against the US Dollar and has strengthened by 11.19% over the last 12 months. (tradingeconomics.com) This upward trajectory indicates a growing preference for the Swiss Franc in the foreign exchange market.

Factors Influencing the CHF/USD Exchange Rate

Several key factors have contributed to the recent movements in the CHF/USD exchange rate:

Monetary Policy Divergence: The Swiss National Bank (SNB) has maintained a relatively neutral stance, with interest rates at 0% as of June 2025. In contrast, the Federal Reserve has adopted a more accommodative policy, with the Fed Funds Interest Rate at 4.50%. This divergence has bolstered the Swiss Franc's appeal. (tradingeconomics.com)

Safe-Haven Demand: The Swiss Franc is traditionally viewed as a safe-haven currency. Periods of global economic uncertainty or geopolitical tensions often lead investors to seek refuge in the Swiss Franc, thereby increasing its value relative to the US Dollar. (markets.com)

US Dollar Weakness: The US Dollar has exhibited weakness against major currencies, partly due to the Federal Reserve's accommodative policies and trade restrictions imposed by the US government. This depreciation has contributed to the Swiss Franc's relative strength. (benzinga.com)

Swiss Economic Fundamentals: Switzerland's robust economic indicators, including low debt levels, moderate inflation, and substantial current account surpluses, have enhanced the Swiss Franc's attractiveness. (markets.com)

Technical Analysis

Technical indicators as of July 2, 2025, suggest bullish momentum for the CHF/USD pair:

• Exponential Moving Averages (EMAs): The exchange rate is trading above its 8-day EMA by 0.72%, above its 21-day EMA by 1.76%, above its 50-day EMA by 3.01%, and above its 100-day EMA by 4.73%. The upward slope of the 8-day EMA indicates continued bullish momentum.

• Moving Average Convergence Divergence (MACD): The MACD line is above its signal line, confirming positive momentum and an uptrend.

(exchangerates.org.uk)

Forecasts and Projections

Analysts project a gradual depreciation of the Swiss Franc against the US Dollar over the next year:

• Short-Term Forecasts: The CHF/USD exchange rate is expected to reach 1.2075 by September 2025, 1.2168 by December 2025, and 1.2151 by March 2026.

• Long-Term Outlook: By September 2026, the exchange rate is anticipated to be around 1.1846.

(exchangerates.org.uk)

These projections suggest a potential reversal of the recent strengthening trend of the Swiss Franc.

Implications for Stakeholders

Investors: The current strength of the Swiss Franc presents opportunities for currency traders. However, the anticipated depreciation suggests caution and the need for strategic positioning.

Businesses: Companies engaged in US-Swiss trade should monitor exchange rate trends to manage currency risk effectively. Hedging strategies may be advisable to mitigate potential adverse movements.

Policymakers: Understanding the factors influencing the CHF/USD exchange rate is essential for formulating monetary and fiscal policies that promote economic stability and growth.

Conclusion

The CHF/USD exchange rate has been influenced by a complex interplay of monetary policies, economic fundamentals, and global market sentiments. While the Swiss Franc has recently strengthened against the US Dollar, forecasts indicate a potential depreciation in the coming months. Stakeholders should remain vigilant, continuously monitor economic indicators, and adapt their strategies to navigate the evolving foreign exchange landscape effectively.