Exchange Rate Calculator

The exchange rate between the South Korean Won (KRW) and the Swiss Franc (CHF) has experienced notable fluctuations over the past few months. This report provides an analysis of the recent trends, underlying factors influencing these movements, and potential future outlooks.

Recent Exchange Rate Trends

January 2025:
- High: ₩1 = CHF 0.0006337 on January 24
- Low: ₩1 = CHF 0.0006147 on January 1
- Average: ₩1 = CHF 0.0006256

During January 2025, the KRW/CHF exchange rate exhibited a gradual appreciation of the Won against the Franc, peaking mid-month before stabilizing towards the end. (exchange-rates.org)

February 2025:
- High: ₩1 = CHF 0.0006290
- Low: ₩1 = CHF 0.0006200
- Average: ₩1 = CHF 0.0006254

February saw minor fluctuations, with the exchange rate maintaining a relatively stable range. (exchange-rates.org)

March 2025:
- High: ₩1 = CHF 0.0006169 on March 5
- Low: ₩1 = CHF 0.0006026 on March 27
- Average: ₩1 = CHF 0.0006092

In March, the Won depreciated against the Franc, reaching its lowest point on March 27. (exchangerates.org.uk)

Factors Influencing the Exchange Rate

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

1. Economic Indicators:

   • South Korea: Economic growth, inflation rates, and trade balances influence the Won's strength.
   • Switzerland: The Swiss economy's performance, including GDP growth and inflation, affects the Franc's value.

2. Monetary Policies:

   • Bank of Korea: Interest rate decisions and monetary policies impact the Won's attractiveness to investors.
   • Swiss National Bank: Policies aimed at maintaining price stability influence the Franc's strength.

3. Global Economic Events:

   • Trade tensions, geopolitical developments, and global financial market trends can lead to shifts in investor sentiment, affecting both currencies.

Comparative Historical Perspective

Over the past few years, the KRW/CHF exchange rate has shown a general trend of depreciation of the Won against the Franc:

• 2021: Average exchange rate of approximately ₩1 = CHF 0.000815 in June. (freecurrencyrates.com)
• 2022: Average exchange rate of approximately ₩1 = CHF 0.000736 in June. (freecurrencyrates.com)
• 2023: Average exchange rate of approximately ₩1 = CHF 0.000679 in June. (freecurrencyrates.com)

This downward trend indicates a consistent strengthening of the Swiss Franc relative to the South Korean Won over the past few years.

Future Outlook

Predicting future exchange rate movements involves considering various economic indicators and potential global events:

• Economic Performance: Continued monitoring of GDP growth, inflation, and trade balances in both countries will provide insights into potential currency movements.
• Monetary Policies: Future decisions by the Bank of Korea and the Swiss National Bank regarding interest rates and monetary policies will be pivotal.
• Global Events: Developments such as changes in global trade policies, geopolitical tensions, and economic crises can significantly impact exchange rates.

Investors and businesses engaged in transactions involving KRW and CHF should stay informed about these factors to make well-informed decisions.