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 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.
You can also read our full Foreign Exchange Guide to Switzerland.
What is a good CHF dollar exchange rate?
Whether the Swiss franc will rise or drop in the future 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 |
|---|---|
| 1.0683 05 Apr 2021 | 1 Week |
| 1.0754 13 Mar 2021 | 30 Days |
| 1.1285 12 Jan 2021 | 90 Days |
| 1.0353 12 Apr 2020 | 1 Year |
| 1.0373 13 Apr 2016 | 5 Years |
| 1.1197 15 Apr 2011 | 10 Years |
CHF/USD 10 year historic rates
