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 implications for investors and businesses engaged in transactions involving these currencies.

Recent Exchange Rate Trends

Between September 29, 2024, and March 26, 2025, the KRW/CHF exchange rate exhibited a downward trend. The highest rate during this period was 0.00064236 CHF per KRW on October 2, 2024, while the lowest was 0.00060091 CHF per KRW on March 20, 2025. The average exchange rate over these six months was approximately 0.00062411 CHF per KRW.

This decline indicates a depreciation of the South Korean Won relative to the Swiss Franc. Several factors have contributed to this trend, including differences in economic performance, interest rate policies, and global market dynamics.

Economic Performance and Monetary Policies

South Korea:

South Korea's economy has faced challenges such as slowing export growth and domestic consumption. The Bank of Korea has maintained a relatively accommodative monetary policy to support economic growth, keeping interest rates low. This approach can lead to a weaker currency, as lower interest rates may reduce the attractiveness of the Won to foreign investors seeking higher returns.

Switzerland:

In contrast, Switzerland's economy has remained stable, with the Swiss National Bank (SNB) adopting a cautious monetary policy stance. The SNB has kept interest rates low but has been vigilant against excessive currency appreciation, which can harm exports. The Swiss Franc is often viewed as a safe-haven currency, attracting investors during periods of global uncertainty.

Global Market Dynamics

Global economic uncertainties, including trade tensions and geopolitical risks, have influenced investor behavior. During such times, investors tend to seek refuge in stable currencies like the Swiss Franc, leading to its appreciation. Conversely, emerging market currencies like the South Korean Won may experience depreciation due to capital outflows.

Implications for Investors and Businesses

The depreciation of the KRW against the CHF has several implications:

• Importers and Exporters: South Korean exporters to Switzerland may find their goods more competitively priced, potentially boosting sales. However, Swiss exporters to South Korea might face higher costs, potentially reducing demand for their products.

• Investors: Investors holding assets denominated in KRW may experience reduced returns when converted to CHF. Conversely, those with CHF-denominated assets may see increased value in KRW terms.

• Travelers: South Korean travelers to Switzerland will find their expenses higher due to the weaker Won, while Swiss travelers to South Korea may benefit from more favorable exchange rates.

Conclusion

The KRW/CHF exchange rate has shown a downward trend over the past few months, influenced by economic performance, monetary policies, and global market dynamics. Stakeholders should monitor these factors closely, as they can have significant impacts on trade, investment, and financial planning.