Exchange Rate Calculator

The exchange rate between the New Zealand Dollar (NZD) and the Swiss Franc (CHF) has exhibited notable fluctuations over the past few months, influenced by various economic indicators and market sentiments. This report provides an analysis of the recent trends, technical indicators, and forecasts for the NZD/CHF currency pair.

Recent Exchange Rate Trends

As of May 3, 2025, the NZD/CHF exchange rate stands at approximately 0.5060, reflecting a slight decrease of 0.06% from the previous close. Over the past year, the pair has experienced a decline of 6.71%, with a 52-week range between 0.4945 and 0.5626.

In the first quarter of 2025, the exchange rate demonstrated relative stability, fluctuating within a narrow band. For instance, on February 27, 2025, the rate was 0.5094, slightly down from 0.5097 on February 26. The highest rate during this period was 0.5189, while the lowest was 0.5058.

Technical Analysis

Technical indicators as of March 20, 2025, suggest a bearish outlook for the NZD/CHF pair. The Relative Strength Index (RSI) stood at 40.648, indicating a sell signal. The Moving Average Convergence Divergence (MACD) was at -0.001, also signaling a sell. Additionally, the Average Directional Index (ADX) was at 23.727, suggesting a weak trend.

Moving averages further support this bearish sentiment. The 5-day Simple Moving Average (SMA) was at 0.5083, and the 10-day SMA at 0.5092, both indicating sell signals. However, the 200-day SMA was at 0.5064, suggesting a buy signal, which may indicate potential long-term support.

Forecasts and Market Sentiment

Forecasts for the NZD/CHF pair indicate a potential decline in the coming months. According to CoinCodex, the exchange rate is expected to decrease by 2.73% over the next six months, reaching approximately 0.49207. Over the next year, a further decline of 7.62% is projected, bringing the rate to around 0.46734.

Similarly, ExchangeRates.org.uk forecasts a decrease to 0.49 in three months, representing a 3.16% drop from the current rate.

The overall market sentiment appears bearish, with 81% of technical analysis indicators signaling negative trends. The 14-day RSI reading of 46.48 suggests neutral conditions, while the current rate is below both the 50-day and 200-day SMAs, indicating potential downward momentum.

Factors Influencing the NZD/CHF Exchange Rate

Several factors contribute to the movements in the NZD/CHF exchange rate:

• Interest Rates: Differences in interest rates between New Zealand and Switzerland can influence investor behavior, affecting demand for the respective currencies.

• Economic Indicators: GDP growth, employment rates, and trade balances in both countries impact currency valuations.

• Political Stability: Political events and stability in either country can lead to fluctuations in the exchange rate due to changes in investor confidence.

• Global Market Trends: Broader economic trends and geopolitical events can also affect currency pairs like NZD/CHF.

Conclusion

The NZD/CHF exchange rate has shown a downward trend over the past year, with technical indicators and forecasts suggesting potential further declines. Investors should consider these factors, along with economic indicators and global market conditions, when making decisions related to this currency pair.