The Swiss franc traded around $0.81 after weakening to a nearly one-year low of $0.821 on July 28th, as uncertainty surrounding the Middle East conflict remained elevated, while inflation concerns eased. Swiss inflation eased to 0.4% in July from 0.5%, its lowest level in four months, underscoring the limited pass-through from higher energy prices linked to geopolitical tensions. The reading contrasted with the Swiss National Bank's expectation of a modest near-term pickup in inflation, following its decision to hold its policy rate at 0%. The SNB is expected to leave borrowing costs unchanged through year-end, with further cuts remaining a contingency rather than the base case, citing no severe damage to Swiss banks. Meanwhile, investor sentiment improved sharply in July, returning to positive territory for the first time since the conflict began. While most economists see the first SNB rate hike in early 2028, currency markets continue to price in an increase as early as March 2027.
The USD/CHF exchange rate fell to 0.8131 on August 13, 2026, down 0.07% from the previous session. Over the past month, the Swiss Franc has weakened 0.50%, and is down by 0.68% over the last 12 months. Historically, the USDCHF reached an all time high of 4.32 in January of 1971. Swiss Franc - data, forecasts, historical chart - was last updated on August 13 of 2026.
The USD/CHF exchange rate fell to 0.8131 on August 13, 2026, down 0.07% from the previous session. Over the past month, the Swiss Franc has weakened 0.50%, and is down by 0.68% over the last 12 months. The Swiss Franc is expected to trade at 0.81 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 0.79 in 12 months time.