Exchange Rate Calculator

The exchange rate between the Indian Rupee (INR) and the Swiss Franc (CHF) has experienced notable fluctuations over the past several months. This report analyzes the recent trends, underlying factors influencing these movements, and provides insights into potential future developments.

Recent Exchange Rate Trends

Between December 2024 and March 2025, the INR/CHF exchange rate exhibited significant variability. On January 2, 2025, the rate peaked at 1 INR equaling 0.01063 CHF, marking the highest point during this period. Conversely, the lowest rate was observed on February 5, 2025, with 1 INR equating to 0.01032 CHF. The average exchange rate over these months was approximately 0.01049 CHF per INR.

Factors Influencing the Exchange Rate

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

1. Economic Indicators: India's economic performance, including GDP growth, inflation rates, and trade balances, directly impacts the strength of the INR. Similarly, Switzerland's economic stability and monetary policies influence the CHF. Disparities in these indicators between the two countries can lead to exchange rate volatility.

2. Monetary Policies: Decisions by the Reserve Bank of India (RBI) and the Swiss National Bank (SNB) regarding interest rates and money supply affect investor confidence and capital flows, thereby impacting the exchange rate.

3. Global Market Sentiment: The CHF is often considered a 'safe-haven' currency. During periods of global economic uncertainty, investors may flock to the CHF, increasing its value relative to other currencies, including the INR.

4. Trade Relations: The trade balance between India and Switzerland, including export and import activities, influences demand and supply dynamics for both currencies, affecting their exchange rate.

Forecast and Future Outlook

Projections for the INR/CHF exchange rate suggest a gradual depreciation of the INR against the CHF. Forecasts indicate that by the end of 2025, the exchange rate may average around 1 INR to 0.0095 CHF, with slight fluctuations. This trend is expected to continue into 2026, with the rate potentially reaching 1 INR to 0.0096 CHF.

Implications for Stakeholders

• Investors: Those holding assets in INR may experience reduced returns when converted to CHF if the INR continues to depreciate. Diversifying portfolios to include CHF-denominated assets could mitigate potential losses.

• Businesses: Indian companies importing goods from Switzerland may face higher costs due to a weaker INR. Conversely, Swiss businesses exporting to India might find their products becoming more competitively priced.

• Travelers: Indian tourists planning to visit Switzerland could encounter increased expenses as the INR's purchasing power diminishes relative to the CHF.

Conclusion

The INR/CHF exchange rate has shown considerable fluctuations influenced by economic indicators, monetary policies, global market sentiments, and trade relations. Current forecasts suggest a gradual depreciation of the INR against the CHF through 2025 and into 2026. Stakeholders should monitor these trends closely and consider strategic adjustments to mitigate potential financial impacts.