Swiss Franc (CHF)
The Swiss franc is a traditional safe-haven currency, backed by a large current account surplus and low public debt. The Swiss National Bank sets policy and has intervened in currency markets to limit franc strength.
The latest available mid-market reference is 1 CHF = 1.2022 USD. The table below shows the same rate against the other major currencies.
Key facts
Structural details reviewed . Regimes and issuing arrangements can change.
The role of the Swiss Franc
The franc is a small currency with outsized safe-haven demand, helped by Switzerland's current account surplus and net foreign asset position. It is widely held in reserves and often strengthens when markets are stressed.
A short history
The Swiss franc was created in 1850 and is the only currency of the Latin Monetary Union still in use. The Swiss National Bank abandoned its euro peg in 2015, and the franc jumped in minutes.
What moves the Swiss Franc
Safe-haven flows, Swiss National Bank policy and the euro area outlook. The franc tends to strengthen when investors are worried and to weaken when risk appetite returns.
Live CHF exchange rate
| Currency | 1 CHF equals |
|---|---|
| US Dollar (USD) | 1.2022 |
| Euro (EUR) | 1.0818 |
| British Pound (GBP) | 0.9045 |
| Japanese Yen (JPY) | 191.76 |
| Chinese Yuan (CNY) | 8.0374 |
| Indian Rupee (INR) | 112.82 |
| Canadian Dollar (CAD) | 1.7118 |
| Australian Dollar (AUD) | 1.7544 |
Mid-market rate updated . Banks and transfer providers add a margin. About our rates.
CHF conversion pages
Other currency profiles
Swiss Franc questions
What is the Swiss Franc?
Swiss Franc (CHF) is used in the following countries and territories: Switzerland and Liechtenstein. Central bank: Swiss National Bank. Exchange rate regime: free float.
Which countries use the Swiss Franc?
The Swiss Franc is used in the following countries and territories: Switzerland and Liechtenstein.
What affects the Swiss Franc exchange rate?
Safe-haven flows, Swiss National Bank policy and the euro area outlook. The franc tends to strengthen when investors are worried and to weaken when risk appetite returns.