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Swiss franc CHF forecasts for 2020

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.

CHF in the markets

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.

 

CHFEUR Trend & Alerts

CHFEUR at 0.9295 is near its 90-DAY average, range 0.9206-0.9366.
🔔 CHFEUR is at 30-DAY HIGHS.
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Alert:30-DAY HIGHS |
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You can also read our full Foreign Exchange Guide to Switzerland.

What is a good CHF dollar exchange rate?

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/USDPeriod
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

 
Please note that the opinions of our authors are their own and do not reflect the opinion of Best Exchange Rates and should not be taken as a reference to buy or sell any financial product.