Exchange Rate Calculator

The exchange rate between the South African Rand (ZAR) and the Swiss Franc (CHF) has experienced notable fluctuations over the past few months. This report provides an analysis of the recent trends, technical indicators, and potential factors influencing the ZAR/CHF currency pair.

Recent Exchange Rate Trends

As of June 3, 2025, the ZAR/CHF exchange rate stands at approximately 0.0483, reflecting a 0.29% increase from the previous day's close. (poundsterlinglive.com) Over the past year, the exchange rate has ranged between 0.0453 and 0.05055, indicating a 3.11% appreciation of the Rand against the Franc. (investing.com)

In the first quarter of 2025, the ZAR/CHF pair exhibited moderate volatility. For instance, on February 28, 2025, the exchange rate was 0.04884, marking a 0.29% increase from the previous day. Throughout February, the rate fluctuated between 0.04795 and 0.04960, with an average of 0.04884. (investing.com)

Technical Analysis

Technical indicators as of March 27, 2025, suggest a bearish outlook for the ZAR/CHF pair. The Relative Strength Index (RSI) stood at 48.412, indicating neutral momentum. However, the Stochastic Oscillator (32.834) and Williams %R (-65.14) pointed towards selling pressure. Moving averages also reflected a bearish trend, with both simple and exponential moving averages for 5, 10, 20, and 50-day periods signaling a 'Sell' action. (investing.com)

Factors Influencing the Exchange Rate

Several factors have contributed to the observed movements in the ZAR/CHF exchange rate:

1. Economic Indicators: South Africa's trade balance and Switzerland's monetary policy decisions have played significant roles. For example, on March 20, 2025, the Swiss National Bank (SNB) maintained its interest rate at 0.25%, which can influence investor sentiment and currency valuation. (investing.com)

2. Global Market Sentiment: As a commodity-driven currency, the Rand is sensitive to global risk appetite and commodity price fluctuations. Periods of heightened global uncertainty often lead investors to seek safe-haven currencies like the Swiss Franc, resulting in a weaker Rand.

3. Domestic Economic Performance: South Africa's economic indicators, such as GDP growth, inflation rates, and political stability, directly impact the Rand's strength. Any negative developments in these areas can lead to depreciation against major currencies, including the Swiss Franc.

Conclusion

The ZAR/CHF exchange rate has shown moderate volatility in recent months, influenced by a combination of technical factors and broader economic conditions. While technical indicators as of late March 2025 suggested a bearish trend, ongoing economic developments in both South Africa and Switzerland will continue to shape the currency pair's trajectory. Investors and traders should monitor these factors closely to make informed decisions regarding the ZAR/CHF exchange rate.