Forecasts for the Swiss franc change all the time, affected by relative sentiment towards the Swiss economy and the traditional Risk-off flight to safety effect towards the Swiss Franc.
The Swiss France has 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.
However against the euro the swiss franc is valued not far from where it started the year around Fr1.08 per euro. The franc hit a 1-YEAR-LOW in May of Fr1.05 per euro but has since recovered in value showing strength to match the resurgent euro.
This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.
For example, the following table looks at the change in the CHF to USD exchange rate to the present day for periods going back 10 years:
CHF/USD | Period |
---|---|
1.1289 21 Dec 2020 | 1 Week |
1.1049 28 Nov 2020 | 30 Days |
1.0877 29 Sep 2020 | 90 Days |
1.0268 29 Dec 2019 | 1 Year |
1.0113 30 Dec 2015 | 5 Years |
1.0701 31 Dec 2010 | 10 Years |
CHF/USD 10 year historic rates