Exchange Rate Calculator

The exchange rate between the Hong Kong Dollar (HKD) and the Swiss Franc (CHF) has experienced notable fluctuations over the past few months. Understanding these movements requires an examination of recent trends, technical indicators, and the economic factors influencing both currencies.

Recent Exchange Rate Trends

In 2025, the HKD/CHF exchange rate has shown a downward trajectory. The highest rate recorded was 0.1176 CHF per HKD on January 13, 2025, while the lowest was 0.1017 CHF per HKD on June 27, 2025. This represents a decline of approximately 12.90% over this period. (exchange-rates.org)

This depreciation indicates that the Hong Kong Dollar has weakened against the Swiss Franc throughout the first half of 2025.

Technical Analysis

As of May 12, 2025, technical indicators suggested a strong buy signal for the HKD/CHF pair. The Relative Strength Index (RSI) stood at 64.809, indicating bullish momentum. Moving averages across various periods (5, 10, 20, 50, 100, and 200) also signaled a strong buy. (investing.com)

However, it's important to note that despite these bullish technical indicators in May, the overall trend for the year has been a decline in the HKD/CHF exchange rate.

Economic Factors Influencing the Exchange Rate

Several economic factors have contributed to the observed trends in the HKD/CHF exchange rate:

• Interest Rate Differentials: The Swiss National Bank's monetary policies, including interest rate adjustments, can influence the strength of the CHF. If Swiss interest rates are higher relative to those in Hong Kong, it can attract investors seeking better returns, thereby strengthening the CHF against the HKD.

• Economic Performance: Switzerland's robust economic indicators, such as low unemployment and stable GDP growth, enhance the attractiveness of the CHF. Conversely, any economic challenges in Hong Kong can lead to a weaker HKD.

• Global Risk Sentiment: The CHF is often considered a safe-haven currency. During periods of global economic uncertainty or geopolitical tensions, investors may flock to the CHF, increasing its value relative to other currencies, including the HKD.

Forecasts and Future Outlook

Looking ahead, forecasts suggest a continued decline in the HKD/CHF exchange rate. Projections indicate that the rate could decrease by approximately 7.46% over the next month, dropping from the current rate of CHF 0.105179 to CHF 0.097329. The sentiment in the HKD/CHF market is currently estimated to be bearish. (coincodex.com)

Long-term forecasts also predict a gradual appreciation of the CHF against the HKD. For instance, a 5-year forecast estimates the exchange rate to average around CHF 0.1137, with a projected range of CHF 0.1126 to CHF 0.1149. (midforex.com)

Conclusion

The HKD/CHF exchange rate has experienced a significant decline in 2025, influenced by various economic factors and market sentiments. While technical indicators in May suggested a potential for short-term gains, the overall trend and future forecasts point towards a continued strengthening of the Swiss Franc against the Hong Kong Dollar. Investors and businesses engaged in transactions involving these currencies should stay informed about ongoing economic developments and adjust their strategies accordingly.