The best CAD to CHF exchange rate is 0.6246. Compare Scotiabank foreign transfer and currency exchange rates, find better rates & deals.
Loading exchange rates...
|
|
||
|
|
||
|
|
||
|
|
Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to Swiss franc (CHF) rates from different sources before making a conversion.
The above Scotiabank loonie to franc comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and foreign exchange providers against the latest CAD-CHF mid-rate (see Market Data below ) and the possible savings of using a different provider.
Scotiabank is a Canadian multinational bank and a leading financial institution in North and South America. The bank offers a wide range of financial products and services to individuals, businesses, and institutions, including banking, investment, and insurance services.
One of the financial products offered by Scotiabank is wire transfers. Wire transfers are a secure and fast way to transfer funds between banks in different countries. With Scotiabank wire transfers, you can send money to over 100 countries in a variety of currencies.
When you get a quote for your Wire Transfer from Scotiabank on their website or in-app, you can also see the Scotiabank exchange rate, but it can be difficult to then calculate how much markup from the market rate you are being charged.
Our research shows that on average, Scotiabank profit margin for foreign exchange rates is somewhere between 3 - 8%, depending on the amount you're sending, where you're sending it to and which currency will be received.
While all banks in Canada charge this markup, the extra amount being charged is much higher than it would be with a global money transfer specialist.
Canadian dollar (CAD) to Swiss franc (CHF) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | CAD/CHF | Change | Period |
---|---|---|---|
30 Aug 2024 | 0.6298 | 0.8% ▼ | 2 Week |
15 Jun 2024 | 0.6485 | 3.7% ▼ | 3 Month |
14 Sep 2023 | 0.6631 | 5.8% ▼ | 1 Year |
15 Sep 2019 | 0.7469 | 16.4% ▼ | 5 Year |
16 Sep 2014 | 0.8487 | 26.4% ▼ | 10 Year |
18 Sep 2004 | 0.9773 | 36.1% ▼ | 20 Year |
Here are some popular conversion amounts for CAD to CHF (Canadian dollar to Swiss franc)*.
CAD | CHF |
---|---|
C$ 1,000 | Fr. 624.60 |
C$ 5,000 | Fr. 3,123 |
C$ 20,000 | Fr. 12,492 |
C$ 100,000 | Fr. 62,460 |
CAD | CHF |
---|---|
C$ 1,601 | Fr. 1,000 |
C$ 8,006 | Fr. 5,000 |
C$ 32,022 | Fr. 20,000 |
C$ 160,110 | Fr. 100,000 |
More amounts
*Converted at the current CADCHF interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Recent forecasts for the CAD to CHF exchange rate indicate a challenging landscape for the Canadian dollar, which recently slid against the Swiss franc despite rising oil prices. FX analysts note that the CAD is currently trading at 0.6246, approximately 2.3% below its three-month average of 0.639, reflecting a period of relative weakness against the backdrop of oil price fluctuations. With Canada's economy heavily intertwined with oil, as the U.S. remains its largest consumer despite being a net importer, the Canadian dollar's performance is closely tied to oil market dynamics. Currently, oil is trading at 72.96 USD, which is significantly below its three-month average of 80.73, emphasizing the volatility that the oil market presents and its potential drag on the loonie if prices do not stabilize.
Read our full review of recent CAD to CHF forecasts.
There are several ways to save on exchange rates when converting Canadian dollar to Swiss franc:
Generally speaking, if you are buying Swiss franc with Canadian dollar, then it's better for the CAD/CHF exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
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.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
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 CAD/CHF to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
Read our Currency guide to Switzerland - a practical currency and money guide to travel, living and doing business in Switzerland with the Swiss franc.
Switzerland (CHF) | Canada (CAD) | Liechtenstein (CHF) |
There are a few laws and regulations in Switzerland that expats may need to be aware of:
Check travel advisories: Before planning your trip, check the latest travel advisories and security information from your government's foreign affairs department or equivalent, to stay informed about the most current safety and security risks.
Get vaccinated: Check with your healthcare provider or a travel medicine specialist to ensure that you are up to date on any required or recommended vaccinations for travel to the DRC.
Plan your route carefully: Avoid traveling to areas that are considered to be dangerous or that have ongoing conflicts. Some parts of the country are completely off-limits to foreigners, so be sure to plan your route and accommodations accordingly.
Be prepared for unexpected delays: The DRC has a poorly developed infrastructure and transport can be unreliable. Be prepared for flight delays, cancellations, or other transport-related issues.
Read more at our Switzerland (CHF) country guide
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
^ Scroll back up to ^
^