CHF Exchange rates

Swiss National Bank

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chf exchange ratesThe CHF exchange rates are published by the Swiss National Bank (SNB),  the Central Bank of Switzerland, responsible for the nation’s monetary policy and the sole issuer of Swiss franc banknotes.

The daily report is updated around 11:00 GMT ( UTC+01:00) on every working day. It contains 4 currency values only: USD, EUR, GBP & JPY, but its relevance is mostly because of the special role of the Swiss economy in the world, as you can read below.

foxer currency calculator is including the Swiss National Bank (SNB) plugin since the last 9.9.0 release version, making all daily CHF exchange rates available.

Economic relevance

The economy of Switzerland is one of the world’s most advanced free market economies. The service sector has come to play a significant economic role, particularly the Swiss banking industry and tourism.

Switzerland is the third richest landlocked country in the world after Liechtenstein and Luxembourg, and together with the latter and Norway the only three countries in the world with a GDP per capita (nominal) above US$70,000.

The value of the Swiss franc (CHF) has been relatively stable compared with that of other currencies. Swiss neutrality and national sovereignty, long recognized by foreign nations, have fostered a stable environment for the banking sector to develop and thrive. Switzerland maintained neutrality through both World Wars, is not a member of the European Union, and did not join the United Nations until 2002.

Links

Summary table

CodeSNB
Base currencyCHF
Currencies4
UpdatedMonday to Friday
PublicationSame day
Time11:00 (UTC+1)
History fileNo

Facts and figures

  • GDP Ranking#: 22th ( 9th in Europe )
  • GDP: 703.08 ( USD Billion )
  • Population: 8.5M
  • GDP per capita: $79,406.70
Sources:
tradingeconomics.com, wikipedia
& worldpopulationreview.com

List of published currencies

USDUS Dollar
EUREuro (European Union)
GBPPound (United Kingdom)
JPYYen (Japan)

See full comparative table of all currencies per Bank in the White Papers / List of currencies page.