The lowdown on the Swiss franc
The Swiss Franc is accepted in the following countries:
- Italian Exclave (Campione d’Italia)
Economical Influences on the Swiss Franc Exchange Rate
If you are considering converting AUD to CHF, it is good to get a snapshot on how the economy of the country influences the Switzerland exchange rate.
The Franc is seen by some as the “neutral” currency and a safe haven for the foreign exchange market; which may be partly due to the Swiss National Bank limiting Swiss Franc’s trades in the foreign exchange market to keep interest rates stable and to reduce volatility.1
Although Switzerland is not a member of the European Union (EU), its surrounding Eurozone Neighbours are its main trading partner - with approximately 78% of Swiss imports coming from the EU.1
Swiss Franc Historical Exchange Rate
When comparing the NZD to the CHF over the past five years, there have been some periods of high fluctuation between the currencies, particularly between 2014 and 2016.2
Back on 30 June 2014 the NZD was buying around 0.78187 CHF, staying stable over the next 6 months to reach 0.79386 CHF per NZD by 12 January 2015.2
That figure had dropped to around 0.60256 CHF per NZD by 25 August 2015, but had stabilised somewhat by 14 December 2016 when the NZD was buying around 0.72860 CHF.2
On 23 November 2017 the NZD was buying less, at 0.67510 CHF per NZD, dropping again over the coming year to reach 0.63183 CHF per NZD by 18 September 2018.2
As of 24 March 2019 the NZD is buying around 0.68317 CHF.2
Before you travel to Switzerland, create a currency rate alert so we can notify you when the CHF hits the rate you want.
Exchange rates last updated Friday, 28 February 2020 7:10:29 p.m. NZDT. The online exchange rates provided by this Currency Converter are intended as a guide only and should not be used for transactional purposes. All rates are subject to change from time to time without notice. Exchange rates used in-store may differ from those offered online. The Travelex online buy rate will be used for conversions from a foreign currency to the local currency. The Travelex online sell rate will be used for conversions from the local currency to a foreign currency.
Travelex Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: Last month
Travelex Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: 3 months
Travelex Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: 6 months
Travelex Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: 12 months
How to see Travelex historical rates
If you would like to see Travelex historical rates, please select one of the currencies
1. Confederation Suisse - https://www.eda.admin.ch/aboutswitzerland/en/home/wirtschaft/uebersicht/wirtschaft---fakten-und-zahlen.html
2. XE - https://www.xe.com/currencycharts/?from=NZD&to=CHF&view=5Y
*The information contained in this article has been compiled by Travelex from different different external sources. The figures provided are indicative only and are there to provide an idea of the amount of travel money you may need during your trip. Travelex does not ensure the accuracy and completeness of the information shown. Nothing in this article is to be considered financial advice. Travelex Limited does not accept any liability for any loss or damage derived from any reliance on the information in this article. Travelex NZ Limted arranges for and sells Online Foreign Currency via its Online Ordering Facility. You should consider the Online Foreign Currency Product Disclosure Statement and Terms and Conditions before deciding whether to acquire the product.