Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

CHF to ZAR 2026 Forecasts

Analysis of recent franc → rand forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Swiss franc to South African rand performance and trends.

 

The current market bias for the CHF to ZAR exchange rate is bearish.

Key drivers include:

  • The Swiss National Bank's recent rate cuts, reducing interest to 0.5%, contributing to a weaker CHF.
  • South Africa's economic growth forecast is improving, projected at 1.4% in 2026, which supports a healthier ZAR.
  • Inflation targeting in South Africa aims to stabilize the currency, while Switzerland faces low inflation, potentially pressuring the franc further.

The near-term range suggests continued fluctuations, potentially remaining within a stable range.

One upside risk may arise if global factors strengthen the demand for Swiss exports, which could boost the CHF. Conversely, a downside risk includes further adverse effects from the U.S. tariffs on Swiss exports, which would likely weigh on the CHF against the ZAR. Recent data indicates the CHF to ZAR is at its 90-day lows, trading near 20.82, while ZAR strength is further complicated by declining oil prices.

CHF-ZAR Rate Calculator

 
   
   
   
   
 
   
 
 

CHF to ZAR Market Data

Swiss franc (CHF) to South African rand (ZAR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell CHF   →   Buy ZAR
1 CHF =
20.55We compare provider deals to this wholesale mid-market rate. Read more
ZAR
1d−0.7%▼
90dLows◒
CHF to ZAR is at 90-day lows near 20.66, 3.3% below its 3-month average of 21.36, having traded in a relatively stable 6.1% range from 20.66 to 21.93
|
Tracker

Manage Tracker   

  1 ZAR = 0.048660 CHF

Compare & Save - Swiss franc to South African rand

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Swiss franc (CHF) to South African rand (ZAR) rates from different sources before making a conversion.

Use our CHF to ZAR calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Franc to Rand currency rates and the possible savings of using various providers.

 
 

Will the Swiss franc rise against the South African rand?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Swiss franc vs South African rand current value is to look the CHF/ZAR historic rate and change over a range of periods.

The following table looks at the change in the CHF to ZAR exchange rate over periods from the previous week back to the last 10 years.

DateCHF/ZARChangePeriod
23 Dec 2025
21.19
2.6% ▼2 Week
08 Oct 2025
21.41
3.6% ▼3 Month
06 Jan 2025
20.54
0.5% ▲1 Year
07 Jan 2021
17.44
18.3% ▲5 Year
09 Jan 2016
16.34
26.3% ▲10 Year
11 Jan 2006
4.7564
333.9% ▲20 Year
CHF/ZAR historic rates & change to 06-Jan-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add CHF/ZAR to your personalised Rate Tracker to track and benefit from currency movements.

 
Track Rate
 

Manage Tracker   

 

Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more