Exchange Rate Calculator

The exchange rate between the Singapore Dollar (SGD) and the Swiss Franc (CHF) is a critical indicator for investors and businesses engaged in trade between Singapore and Switzerland. Over the past few months, the SGD/CHF currency pair has exhibited notable fluctuations influenced by various economic factors. This report provides an in-depth analysis of the recent trends, technical indicators, and future projections for the SGD/CHF exchange rate.

Recent Exchange Rate Trends

Between September 16, 2024, and March 14, 2025, the SGD/CHF exchange rate experienced significant variability. The highest recorded rate during this period was 0.6751 CHF per SGD on February 12, 2025, while the lowest was 0.6521 CHF per SGD on September 16, 2024. The average exchange rate over these six months stood at 0.6624 CHF per SGD. (exchange-rates.org)

In March 2025, the exchange rate continued to fluctuate. For instance, on March 14, 2025, the rate was 0.6633 CHF per SGD, marking a 0.48% increase from the previous day. (investing.com)

Technical Analysis

Technical indicators provide insights into the potential future movements of the SGD/CHF exchange rate. As of March 21, 2025, the Relative Strength Index (RSI) was at 58.106, suggesting a bullish momentum. The Moving Average Convergence Divergence (MACD) indicated a buy signal, while the Average Directional Index (ADX) at 22.104 pointed to a strengthening trend. (investing.com)

Moving averages further supported a bullish outlook. The 5-day Simple Moving Average (SMA) was at 0.6606, and the 200-day SMA was at 0.6612, both indicating upward momentum. (investing.com)

Forecasts and Projections

Various forecasting models predict a slight decline in the SGD/CHF exchange rate in the near future. For example, WalletInvestor anticipates a decrease from 0.658 to 0.654, representing a 0.639% drop. (walletinvestor.com) Similarly, CoinCodex projects a 1.48% decrease over the next month, with the rate potentially reaching 0.65265 CHF per SGD. (coincodex.com)

MidForex provides monthly forecasts for the next two years, suggesting a gradual increase in the exchange rate. By December 2025, the average rate is projected to be 0.6610 CHF per SGD, with a minimum of 0.6577 and a maximum of 0.6643. (midforex.com)

Factors Influencing the Exchange Rate

Several factors contribute to the fluctuations in the SGD/CHF exchange rate:

• Economic Indicators: GDP growth, inflation rates, and interest rates in both Singapore and Switzerland can impact the exchange rate. For instance, if Singapore's economy grows faster than Switzerland's, the SGD may strengthen against the CHF.

• Geopolitical Events: Political stability, trade agreements, and international relations can influence investor confidence and currency values.

• Central Bank Policies: Decisions by the Monetary Authority of Singapore and the Swiss National Bank regarding monetary policy, such as changes in interest rates or quantitative easing measures, can affect the exchange rate.

Conclusion

The SGD/CHF exchange rate has shown variability over the past few months, influenced by a combination of economic indicators, geopolitical events, and central bank policies. While technical analysis suggests a bullish trend, forecasts indicate a potential slight decline in the near future. Investors and businesses should monitor these factors closely to make informed decisions regarding SGD/CHF transactions.