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 years, reflecting various economic and geopolitical factors. Understanding these trends is crucial for businesses, investors, and policymakers engaged in activities involving these currencies.

Historical Exchange Rate Trends

Over the past five years, the KRW/CHF exchange rate has exhibited a consistent downward trend, indicating a depreciation of the Korean Won relative to the Swiss Franc. In 2021, the exchange rate was approximately 0.000815 CHF per KRW in June. By June 2022, it had declined to around 0.000736 CHF per KRW. This downward trajectory continued through 2023 and 2024, with the rate reaching approximately 0.000679 CHF per KRW in June 2023 and 0.000654 CHF per KRW in June 2024. As of June 2025, the exchange rate further decreased to approximately 0.000605 CHF per KRW. (freecurrencyrates.com, freecurrencyrates.com, freecurrencyrates.com, freecurrencyrates.com, exchange-rates.org)

Factors Influencing the Exchange Rate

Several factors have contributed to the depreciation of the Korean Won against the Swiss Franc:

1. Economic Performance: South Korea's economic growth has faced challenges due to global supply chain disruptions and fluctuating demand for its exports. In contrast, Switzerland's economy has remained relatively stable, bolstered by its strong financial sector and diversified economy.

2. Monetary Policies: The Bank of Korea has maintained accommodative monetary policies to stimulate economic growth, resulting in lower interest rates. Conversely, the Swiss National Bank has adopted policies aimed at maintaining the Swiss Franc's strength, including interventions in foreign exchange markets.

3. Geopolitical Events: Tensions in the Korean Peninsula and uncertainties in global trade have impacted investor confidence in the Korean Won. Switzerland's political neutrality and stable environment have made the Swiss Franc a preferred safe-haven currency during periods of uncertainty.

Implications for Stakeholders

The depreciation of the Korean Won against the Swiss Franc has several implications:

• Importers and Exporters: South Korean exporters to Switzerland may find their goods more competitively priced, potentially boosting exports. However, importers of Swiss goods may face higher costs, affecting profit margins.

• Investors: Investors holding assets denominated in Swiss Francs have seen an appreciation in value relative to Korean Won-denominated assets. This trend may influence investment decisions and portfolio allocations.

• Travel and Tourism: South Korean tourists traveling to Switzerland may experience higher expenses due to the weaker Won, potentially affecting travel plans and tourism-related businesses.

Future Outlook

Predicting future exchange rate movements involves considerable uncertainty. However, monitoring economic indicators such as GDP growth, inflation rates, and central bank policies in both countries can provide insights. Additionally, geopolitical developments and global economic trends will continue to play significant roles in influencing the KRW/CHF exchange rate.

In conclusion, the persistent depreciation of the Korean Won against the Swiss Franc over the past five years underscores the importance of understanding the underlying economic and geopolitical factors. Stakeholders should remain vigilant and adapt their strategies to navigate the evolving currency landscape effectively.