The exchange rate forecast for the CHF to TRY pair is currently influenced by a combination of economic developments in both Switzerland and Turkey. Analysts have noted that the Swiss National Bank (SNB) has maintained a zero-interest rate policy amid growing economic concerns, particularly following the impact of significant U.S. tariffs on Swiss exports. This has contributed to a more cautious outlook for the Swiss economy, alongside an unexpected dip in inflation, which fell to 0.1% in October 2025. Market sources suggest that the SNB's notable increase in foreign currency purchases—reaching the highest level in over three years—indicates their proactive stance to mitigate the Swiss franc's appreciation in the face of external pressures.
In contrast, Turkey's economic landscape remains turbulent, marked by a surge in inflation rates, which unexpectedly rose to 33.29% in September 2025. To combat the escalating inflation, the Turkish central bank cut interest rates but signaled readiness to tighten policy should inflation deviate from projected targets. This environment of high inflation, coupled with ongoing political unrest and a depreciating lira, has created volatility in the Turkish currency.
Recent market data indicates that the CHF to TRY exchange rate has recently dipped to 7-day lows near 52.50, sitting 0.6% above its 3-month average of 52.18. This shows a relatively stable trading range over recent months, moving between 50.86 and 53.28. Forecasters suggest that the current economic pressures in both Switzerland and Turkey may contribute to further fluctuations in this exchange rate, with potential for increased volatility in response to any significant announcements from the SNB or Turkey's central bank regarding interest rates and inflation forecasts.
Overall, the interplay of Switzerland's cautious monetary policy and Turkey's high inflation and political challenges will be key drivers for the CHF to TRY exchange rate in the short to medium term. Individuals and businesses engaging in transactions across these currencies may benefit from closely monitoring upcoming economic indicators and central bank statements to make informed decisions.
