General Currency Info - Swiss Franc
Contributing to roughly 5% of the foreign exchange market daily turnover, the Swiss franc (ISO: CHF) is the world’s seventh most traded currency.
The Swiss franc is traditionally considered Europe’s safe haven currency due to factors including Switzerland’s traditional position as a politically neutral country, its reputation for stability, impressive financial system, historically low inflation and its ability to consistently run a trade surplus. For this reason, the franc is likely to increase in value during periods of economic uncertainty or when global geopolitical risk is elevated, or during bouts of high market volatility.
To prevent unwanted currency appreciation, between September 2011 and January 2015 the franc’s value was pegged to the euro at a rate of Fr. 1.2. When Switzerland’s central bank unexpectedly abandoned the peg in 2015 it caused significant market turmoil.
Since 1995, against the world’s reserve currency, the US dollar, the Swiss franc’s lowest valuation came in October 2000 when CHF/USD traded at just 0.5465. Its post-1995 high came in August 2011 at 1.4152.
CHF News, Forecasts and Trends
Forecasts
The Swiss France gained over 10 percent against the US dollar in 2020, despite this Switzerland was designated a currency manipulator by the US (along with Vietnam) in mid-December.
Swiss Franc Forecasts 2021
US Dollar to Swiss Franc - Historical Rates
| USD/CHF | Change | Period |
|---|
| 0.9149 01 Mar 2021 | 2.3% â–˛ | 1 Week |
| 0.8991 06 Feb 2021 | 4.1% â–˛ | 30 Days |
| 0.8887 08 Dec 2020 | 5.3% â–˛ | 90 Days |
| 0.9274 08 Mar 2020 | 0.9% â–˛ | 1 Year |
| 0.9968 09 Mar 2016 | 6.1% â–Ľ | 5 Years |
| 0.9302 11 Mar 2011 | 0.6% â–˛ | 10 Years |
USD/CHF 10 year historic rates & change to 08-Mar-2021 : 0.9358
$10,000 USD
=
Fr9,341 CHF
Converted at USD/CHF interbank rate,
compare
Send Money
and
Currency Exchange
exchange rates.
US Dollar to Swiss Franc - Quick Convert
|
USD |
CHF |
| $ 1 |
Fr 0.9341 |
| $ 5 |
Fr 4.6705 |
| $ 10 |
Fr 9.3410 |
| $ 20 |
Fr 18.68 |
| $ 50 |
Fr 46.71 |
| $ 100 |
Fr 93.41 |
| $ 250 |
Fr 233.53 |
| $ 500 |
Fr 467.05 |
| $ 1,000 |
Fr 934.10 |
| $ 2,000 |
Fr 1,868 |
| $ 5,000 |
Fr 4,671 |
| $ 10,000 |
Fr 9,341 |
| $ 50,000 |
Fr 46,705 |
| $ 100,000 |
Fr 93,410 |
| More amounts |
|
USD |
CHF |
| $ 1.0706 |
Fr 1 |
| $ 5.3530 |
Fr 5 |
| $ 10.71 |
Fr 10 |
| $ 21.41 |
Fr 20 |
| $ 53.53 |
Fr 50 |
| $ 107.06 |
Fr 100 |
| $ 267.65 |
Fr 250 |
| $ 535.30 |
Fr 500 |
| $ 1,071 |
Fr 1,000 |
| $ 2,141 |
Fr 2,000 |
| $ 5,353 |
Fr 5,000 |
| $ 10,706 |
Fr 10,000 |
| $ 53,530 |
Fr 50,000 |
| $ 107,060 |
Fr 100,000 |
| More amounts |
Frequently Asked Questions
What currency should I use in Liechtenstein?
The domestic currency in Liechtenstein is the Swiss Franc.
What is the Swiss Franc currency code and symbol?
The three letter currency code for the Swiss Franc is CHF — symbol is Fr.
Which countries use the Swiss Franc?
It is the domestic currency in
Switzerland and Liechtenstein.
Is the Swiss Franc a closed currency?
No, the Swiss Franc is freely available and convertible. See guide: What is a closed currency?
Travel, Currency and Money saving tips for Liechtenstein
Travel money for Liechtenstein
Save money and time by Ordering your Swiss Franc online from Travelex, you get better rates and can pick
up the CHF cash locally or even on travel day at the airport.
Another popular option is to
use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate,
but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.
For card purchases if offered a choice of currencies always select to
Pay in Swiss Franc otherwise you may get much worst exchange rates.
Send Money to Liechtenstein - Best Rates
To get a good (and fair) exchange rate when sending money to Liechtenstein you need to find and compare exchange rates for International Money Transfers (IMTs).
The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.
You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.
Get a better deal for foreign transfers to Liechtenstein
When sending money to Liechtenstein it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers.
To get a better deal you should follow these 4 simple steps :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or Swiss Franc amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted CHF amount will be transfered to the recipient account you specify in Liechtenstein.
Use the above Send to Swiss Franc calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more -
end result is more Swiss Franc deposited into the recipient bank account and less margins and fees kept by the banks!
