Exchange Rate Calculator

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

Recent Exchange Rate Trends

As of July 1, 2025, the INR/CHF exchange rate reached a low of 0.009240 CHF per INR, marking a significant depreciation of the Indian Rupee against the Swiss Franc. This represents a decline of approximately 12.86% in 2025, with the highest rate recorded at 0.01063 CHF per INR on January 2, 2025. (exchange-rates.org)

Conversely, when viewed from the CHF to INR perspective, the Swiss Franc has appreciated against the Indian Rupee. On June 28, 2025, 1 CHF was equivalent to 107.0892 INR, with forecasts indicating a potential range between 107.1592 and 107.3782 INR for that day. (bookmyforex.com)

Factors Influencing the Exchange Rate Movements

Several factors have contributed to the recent depreciation of the Indian Rupee against the Swiss Franc:

1. Global Economic Uncertainty: Geopolitical tensions, such as the conflict between Iran and Israel, have heightened global economic uncertainty. These events often lead investors to seek safe-haven currencies like the Swiss Franc, increasing its demand and value. (reuters.com)

2. Monetary Policies: The U.S. Federal Reserve's stance on interest rates has influenced global currency markets. Recent criticisms of the Fed's policies have led to a weaker U.S. Dollar, indirectly affecting other currency pairs, including INR/CHF. (reuters.com)

3. Oil Price Fluctuations: India's economy is sensitive to oil price changes due to its reliance on oil imports. Recent declines in Brent crude oil prices have impacted the Indian Rupee's value, contributing to its depreciation against the Swiss Franc. (reuters.com)

Forecasts and Future Outlook

Projections suggest a gradual depreciation of the Indian Rupee against the Swiss Franc. By the end of 2025, the exchange rate is expected to average around 1 INR to 0.0095 CHF, with slight fluctuations. This trend is anticipated to continue into 2026, with the rate potentially reaching 1 INR to 0.0096 CHF. (maybefinance.com)

Long-term forecasts indicate that the CHF to INR exchange rate could approach ₹118.0650 by 2035, with a potential range between ₹115.7037 and ₹120.4262. These projections are speculative and subject to significant unforeseen economic and geopolitical factors. (midforex.com)

Implications for Stakeholders

• Investors: Those holding assets in Indian Rupees may experience reduced returns when converted to Swiss Francs 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.