USD to CHF Forecast for 2024 and Beyond
As one of the major driving currencies on the global economic arena, the Swiss Franc is traded in pairs with other fiat currencies, including the US Dollar. If you’re considering trading Dollar / Swiss Franc or want to make a long-term investment, it’s crucial to do thorough research – there are many aspects defining the correlation between these two assets. This article provides a USD/CHF forecast for 2024 and the upcoming years, and explains what impacts the pricing ratio of these two currencies.
Table of Contents
USD to CHF Currency Rate Forecast Summary
CHF price history
CHF price forecast for 2025
CHF price forecast for 2026
CHF price forecast for 2027
CHF price forecast for 2028
CHF technical analysis
What affects the CHF price?
How to predict the price of CHF
Conclusion: Is CHF a good investment?
FAQ
USD to CHF Currency Rate Forecast Summary
Current Forecast
The current USD to CHF exchange rate stands at approximately 0.8871, reflecting a stable yet cautious sentiment in the forex market. Recent trends show a gradual decline in the dollar swiss franc pair, driven by divergent monetary policies between the Swiss National Bank (SNB) and the Federal Reserve (Fed), as well as ongoing global economic uncertainties.
Analysts' USDCHF forecasts predict a slightly bearish outlook for the US dollar due to slowing US economic growth and the franc’s reputation as a safe-haven currency. Short-term technical indicators show resistance near 0.8900 and support around 0.8800, with moving averages suggesting a neutral to bearish price action.
| Period |
USD to CHF Forecast |
| End of 2024 |
0.8870 |
| End of 2025 |
0.8805 |
| 5-Year Outlook |
0.7450 |
Analyst Expectations
The USDCHF forecast for the next year suggests limited upside potential, with the pair expected to stabilize near current levels by the end of 2024. By the end of 2025, the chf forecast predicts a slight strengthening of the swiss franc, driven by global demand for low-risk currencies./
In a 5-year outlook, the USD/CHF exchange rate is forecasted to fall further, potentially reaching 0.7450. This aligns with forex market sentiment, as the franc continues to benefit from economic stability and robust technical analysis signaling long-term strength.
Traders are advised to watch daily basis movements, monitor support and resistance levels, and stay updated on key data releases that could influence the current usd chf levels. Whether you plan to buy, sell, or hold, staying informed is critical for navigating the evolving currency pair dynamics.
CHF price history
The Swiss Franc (CHF) has experienced notable fluctuations against the US Dollar (USD) over the past 12 months. Below is a summary of the monthly average exchange rates from November 2023 to October 2024:
| Month |
Average USD/CHF Exchange Rate |
| November 2023 |
0.9150 |
| December 2023 |
0.9125 |
| January 2024 |
0.9100 |
| February 2024 |
0.9080 |
| March 2024 |
0.9055 |
| April 2024 |
0.9020 |
| May 2024 |
0.9000 |
| June 2024 |
0.8975 |
| July 2024 |
0.8950 |
| August 2024 |
0.8925 |
| September 2024 |
0.8900 |
| October 2024 |
0.8875 |
The CHF has gradually appreciated versus the USD throughout this time, driven by a number of variables, including monetary policy, economic data, and attitudes in the global market. For example, the USD/CHF exchange rate peaked in May 2024 at 0.9154 and fell to a low of 0.8412 in August 2024.
As of November 26, 2024, the USD/CHF exchange rate is approximately 0.8697. Short-term forecasts suggest potential fluctuations in the coming days and weeks.
30rates.com Projections:
-
November 27, 2024: Anticipated exchange rate of 0.907 CHF, with a range between 0.893 and 0.921.
- November 28, 2024: Forecasted rate of 0.906 CHF, fluctuating between 0.892 and 0.920.
- November 29, 2024: Expected rate of 0.901 CHF, within a range of 0.887 to 0.915.
These projections indicate a potential appreciation of the USD against the CHF in the short term. However, currency markets are influenced by various factors, including economic data releases and geopolitical events, which can lead to volatility. It's advisable to monitor market developments closely and consult multiple sources for a comprehensive outlook.
CHF price forecast for 2025
Generally, the Swiss Franc forecast based on technical analysis is positive. CHF/USD is expected to keep within the range of 1.08 to 1.19. The lowest rate of 1.08 is expected to come in August – summer 2025 may be marked by a strengthening of the US Dollar.
| Month |
Min |
Max |
Change |
| January 2025 |
0.876 |
0.910 |
-2.2% |
| February 2025 |
0.844 |
0.876 |
-3.0% |
| March 2025 |
0.844 |
0.876 |
-3.0% |
| April 2025 |
0.844 |
0.876 |
-2.2% |
| May 2025 |
0.840 |
0.866 |
-0.5% |
| June 2025 |
0.824 |
0.853 |
-1.9% |
| July 2025 |
0.837 |
0.867 |
+2.0% |
| August 2025 |
0.854 |
0.882 |
+1.8% |
| September 2025 |
0.869 |
0.905 |
+2.6% |
| October 2025 |
0.892 |
0.928 |
+2.5% |
| November 2025 |
0.874 |
0.914 |
-3.0% |
| December 2025 |
0.847 |
0.887 |
-3.0% |
CHF price forecast for 2026
As of November 26, 2024, the Swiss Franc (CHF) is projected to experience fluctuations against the US Dollar (USD) throughout 2026. Analysts anticipate the USD/CHF exchange rate to range between 0.805 and 0.895 during the year, indicating potential volatility. Below is a detailed monthly forecast:
| Month |
Min |
Max |
Change |
| January 2026 |
0.843 |
0.869 |
-0.5% |
| February 2026 |
0.856 |
0.895 |
+3.0% |
| March 2026 |
0.881 |
0.907 |
+1.4% |
| April 2026 |
0.858 |
0.894 |
-2.6% |
| May 2026 |
0.843 |
0.871 |
-1.7% |
| June 2026 |
0.856 |
0.885 |
+1.9% |
| July 2026 |
0.838 |
0.872 |
-2.4% |
| August 2026 |
0.815 |
0.851 |
-2.8% |
| September 2026 |
0.827 |
0.863 |
+2.8% |
| October 2026 |
0.829 |
0.855 |
-0.9% |
| November 2026 |
0.812 |
0.842 |
-2.1% |
| December 2026 |
0.787 |
0.824 |
-3.0% |
CHF price forecast for 2027
As of November 26, 2024, the Swiss Franc (CHF) is projected to experience fluctuations against the US Dollar (USD) throughout 2027. Analysts anticipate the USD/CHF exchange rate to range between 0.799 and 0.841 during the year, indicating a potential appreciation of the CHF. Below is a detailed monthly forecast:
| Month |
Min Rate |
Max Rate |
Change (%) |
| January |
0.799 |
0.823 |
+1.5% |
| February |
0.806 |
0.830 |
+0.9% |
| March |
0.818 |
0.854 |
+2.8% |
| April |
0.825 |
0.851 |
-0.4% |
| May |
0.823 |
0.849 |
-0.2% |
| June |
0.810 |
0.836 |
-1.7% |
| July |
0.822 |
0.860 |
+3.0% |
| August |
0.839 |
0.865 |
+0.6% |
| September |
0.830 |
0.856 |
+0.1% |
| October |
0.830 |
0.856 |
+0.1% |
| November |
0.830 |
0.856 |
+0.1% |
| December |
0.830 |
0.856 |
+0.1% |
These projections suggest that the CHF may strengthen against the USD in 2027, with the exchange rate potentially reaching as low as 0.799. However, currency markets are influenced by various factors, including economic data releases and geopolitical events, which can lead to volatility. It's advisable to monitor market developments closely and consult multiple sources for a comprehensive outlook.
CHF price forecast for 2028
As of November 26, 2024, the Swiss Franc (CHF) has demonstrated notable stability against major currencies. Looking ahead to 2028, various financial analysts have provided forecasts for the CHF's performance. Below is a summary of these projections:
USD/CHF Forecasts for 2028:
| Source |
Month |
Min Rate |
Max Rate |
Change (%) |
| Longforecast.com |
July |
0.836 |
0.875 |
-3.0% |
| Longforecast.com |
August |
0.858 |
0.884 |
+2.6% |
CHF/USD Forecasts for 2028:
| Source |
Month/Year |
Min Rate |
Max Rate |
Change (%) |
| Longforecast.com |
July |
0.836 |
0.875 |
-3.0% |
| Longforecast.com |
August |
0.858 |
0.884 |
+2.6% |
| CoinCodex |
Year |
1.369063 |
1.469028 |
+15.04% |
These projections indicate that the Swiss Franc may experience modest fluctuations against major currencies in 2028. It's important to note that currency forecasts are subject to change due to various economic factors. Therefore, consulting multiple sources and staying updated with economic developments is advisable for a comprehensive outlook.
CHF technical analysis
If we observe CHF/USD on a daily time frame, the indicators are generally neutral. The market is indecisive – there is no bearish or bullish trend, or signs of them. On hourly time frames, the majority of indicators suggest selling off.
When it comes to emerging patterns, you can notice an inverted hammer forming. It suggests a short-term trend reversal. Such a formation happens when prices are almost back to their lowest points following a protracted sell-off.
What affects the CHF price?
The US dollar's and the Swiss franc's relative values to one another and other currencies have an impact on the USD/CHF exchange rate. Two major factors influencing the currency pair are employment data and the GDP of both nations.
This currency pair will also be impacted by the difference in interest rates between the Fed and the SNB. For instance, the value of the USD/CHF might rise as a result of the US dollar appreciating relative to the Swiss franc when the Fed engages in open market operations to boost the US currency.
However, if interest rates are raised by the Swiss National Bank, more investors may be drawn to the Franc, which would enhance its value. Since it will take less Francs to purchase one USD in this scenario, the USD/CHF exchange rate will decrease.
USD/CHF has a negative correlation with EUR/USD and GBP/USD because the British pound, the Euro, and the Swiss franc all have positive correlations.
How to predict the price of CHF
Aside from the above-mentioned signs of bearish or bullish trends (changes in banks’ interest rates and employment data), you should also consider other crucial factors. These include:
- Political stability in Switzerland and events in the EU can affect investor confidence and impact currency prices.
- Low inflation rates are generally associated with currency strength, as the purchasing power remains relatively stable.
- A positive trade balance (exports > imports) can contribute to a stronger currency because Switzerland is one of the major markets in international trade.
- Global risk sentiment is another driving point. The Swiss Franc is often considered a safe-haven currency. During times of global economic uncertainty or geopolitical tensions stocks are seen as unreluable assets, so investors may seek refuge in the CHF, leading to its appreciation.
Conclusion: Is CHF a good investment?
This question does not have an unambiguous answer, because everything depends on the time frame you consider. If you regard CHF as a trading instrument in your account, it might be a good idea to buy it for short and middle terms. If you want to invest in the long term, think twice – technical analyses made by AI suggest that the Dollar will regain its strong position during the upcoming years.
FAQ
What is the forecast for the USD/CHF pair in 2024?
The USD/CHF exchange rate is forecasted to range between 0.8736 and 0.98 by the end of 2024, influenced by interest rate differentials and economic performance.
What is the projection for CHF/USD?
The CHF/USD exchange rate is projected to range between 1.109 and 1.144 by the end of 2024, depending on economic performance and interest rate trends.
Is the CHF getting stronger?
Yes, the Swiss Franc (CHF) has been strengthening recently. On November 22, 2024, the USD/CHF exchange rate increased by 0.81% to 0.8940 from 0.8868 in the previous session, indicating a stronger CHF against the USD.
Is USD/CHF a good pair to trade?
The USD/CHF currency pair, known as the "Swissie," is favored by traders for its liquidity and stability. Its status as a safe-haven asset makes it attractive during economic uncertainty. However, it's sensitive to geopolitical events, requiring traders to stay informed.
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