Exchange Rate Calculator

The exchange rate between the Swiss Franc (CHF) and the South African Rand (ZAR) has exhibited notable fluctuations over the past few months, reflecting a complex interplay of economic factors and market sentiments. As of July 3, 2025, the CHF/ZAR exchange rate stands at approximately 22.2864, marking a slight decrease of 0.16% from the previous day's close. (poundsterlinglive.com)

Recent Exchange Rate Trends

In 2025, the CHF/ZAR exchange rate has experienced significant volatility. The highest recorded rate was 23.625 ZAR per CHF on April 10, 2025, while the lowest was 20.236 ZAR per CHF on February 7, 2025. The average exchange rate over this period has been approximately 21.359 ZAR per CHF. (exchange-rates.org)

Over the past six months, the CHF/ZAR rate has increased by approximately 7.69%, indicating a strengthening of the Swiss Franc relative to the South African Rand. (exchange-rates.org)

Technical Analysis

As of June 27, 2025, technical indicators suggest a bullish outlook for the CHF/ZAR pair. The Relative Strength Index (RSI) stands at 53.82, indicating neutral momentum. The Moving Average Convergence Divergence (MACD) shows a value of 0.029, signaling a buy action. Moving averages across various periods (5, 10, 20, 50, 100, and 200 days) all indicate a 'Buy' signal, reinforcing the positive trend. (investing.com)

Forecasts and Projections

Looking ahead, forecasts suggest a continued appreciation of the Swiss Franc against the South African Rand. Projections indicate that the CHF/ZAR exchange rate could reach up to 23.875 within a year, representing a potential increase of approximately 6.96% from the current rate. (walletinvestor.com)

Factors Influencing the Exchange Rate

Several factors contribute to the fluctuations in the CHF/ZAR exchange rate:

• Economic Indicators: Differences in GDP growth, inflation rates, and interest rates between Switzerland and South Africa can impact the exchange rate.

• Geopolitical Events: Political stability, trade agreements, and international relations influence investor confidence and currency valuations.

• Central Bank Policies: Decisions by the Swiss National Bank and the South African Reserve Bank regarding monetary policy, such as interest rate adjustments, play a crucial role in currency strength.

Conclusion

The CHF/ZAR exchange rate has demonstrated significant volatility in recent months, with a general trend of the Swiss Franc strengthening against the South African Rand. Technical analyses and forecasts suggest a continuation of this trend in the near future. However, exchange rates are influenced by a myriad of factors, and investors should remain vigilant to economic indicators and geopolitical developments that may impact currency valuations.