Loading...

Home pages - full list (A-Z)

CHF/USD - Convert Compare Save

Swiss Franc to United States Dollar exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the Swiss Franc to United States Dollar exchange rate, has news, forecasts and CHF to USD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

CHF/USD Exchange Rates - How to Compare & Save

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for CHF/USD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 

CHF to USD International Money Transfers

  

Foreign Transfer ProvidersReceive USD($)Exchange RateFee CHFTotal CostDeal Links
OFX logo
10,091 USD1.00910 for BER users (normally $15)1.2%
HSBC logo
9,635.53 USD0.965Fr155.66%
Banks - Average Rate
Deutsche Bank logo Citibank logo UBS Bank logo HSBC logo
9,573 USD0.9628156.28%
UBS Bank International Money Transfers
UBS Bank logo
9,562.41 USD0.9659Fr1006.38%
Citibank International Money Transfers
Citibank logo
9,549.53 USD0.9561126.51%
Deutsche Bank International Money Transfers
Deutsche Bank logo
9,543.6 USD0.964Fr1006.56%
 
OFX: Foreign Transfer CHF→USD
CHF amount:10,000 CHF
Fee:0 for BER users (normally $15)
Exchange Rate:1.0091 (1.2% from mid-rate)
USD amount:10,091 USD
Total Cost:1.2%
Time:
Rate Fetched: 1:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer CHF→USD
CHF amount:10,000 CHF
Fee:Fr15 CHF (.15%)
Exchange Rate:0.9650 (5.52% from mid-rate)
USD amount:9,635.53 USD
Total Cost:5.66%
Difference:
455 USD less than using OFX
Time:1:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer CHF→USD
CHF amount:10,000 CHF
Fee:15
Exchange Rate:0.9758 (4.46% from mid-rate)
USD amount:9,573 USD
Total Cost:6.28%
Difference:
518 USD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

UBS Bank logoUBS Bank

UBS Bank: Foreign Transfer CHF→USD
CHF amount:10,000 CHF
Fee:Fr100 CHF (1%)
Exchange Rate:0.9659 (5.43% from mid-rate)
USD amount:9,562.41 USD
Total Cost:6.38%
Difference:
529 USD less than using OFX
Time:1:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Foreign Transfer CHF→USD
CHF amount:10,000 CHF
Fee:12
Exchange Rate:0.9561 (6.39% from mid-rate)
USD amount:9,549.53 USD
Total Cost:6.51%
Difference:
541 USD less than using OFX
Time:1:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Deutsche Bank logoDeutsche Bank

Deutsche Bank: Foreign Transfer CHF→USD
CHF amount:10,000 CHF
Fee:Fr100 CHF (1%)
Exchange Rate:0.9640 (5.62% from mid-rate)
USD amount:9,543.6 USD
Total Cost:6.56%
Difference:
547 USD less than using OFX
Time:1:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 08/19/2019 - See full table

CHF to USD interbank exchange rate = 1.0193

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on CHF/USD exchange rates

Foreign Transfers

Foreign Transfers Travel Money

   

CHF and USD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the CHF vs USD, you should pay attention to the recent market trends for both currencies.

 

Swiss Franc (CHF)

The Swiss National Bank continues to reaffirm its commitment to an ultra-loose monetary policy, which includes negative interest rates and a willingness to intervene in FX markets, as part of an effort to spark inflation in the economy.

The SNB will be unhappy, therefore, with the franc’s strength in May.

Between April-23 and May-24 (the day of this report), the franc was the best performing G10 currency; it gained 2.2 percent against the euro, taking EUR/CHF back towards Fr1.12 and close to long-term lows (franc highs).

May’s strength reflected worsening sentiment towards the global economy, driven by a significant escalation in US-China trade tensions. As a safe haven, the franc typically gains value during tough times and sinks when investors gain confidence.

 

United States Dollar (USD)

The US dollar has held its value this year despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others. After grim employment data on June-7, the Dollar Index was up 0.5 percent on the year (it had fallen 2 percent from May’s 2-year high).

As in other parts of the world, interest rate cuts are now expected in the US following a drastic shift in economic forecasts. At least two Fed cuts are expected this year, with the first most likely to come in July.

Taking the blame for the economic downturn is US President Donald Trump, whose trade policies have set a ball rolling that could wipe $455bn from global output according to the IMF.

Read more in the article USD Forecasts.

Why can't I just get the CHF/USD market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the CHF / USD was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all CHF Exchange Rates