The Swiss franc hovered near $0.81 after weakening to a nearly one-year low, as uncertainty over the Middle East conflict keeps attention on economic growth, inflation and monetary policy. Swiss economic growth, excluding sports, accelerated sharply to 1.5% in Q2 2026. Meanwhile, inflation slowed to 0.4% in July, its lowest level in four months. Both readings point to limited pass-through from higher energy prices linked to geopolitical tensions, contrasting with the SNB’s expectations of moderating growth and rising inflation. Foreign exchange interventions supported exporters by limiting safe-haven flows into the franc and preventing excessive appreciation. However, US trade policy remains a key uncertainty. The SNB kept rates at 0% at its latest meeting and is expected to hold them there through 2027, with further cuts viewed as a contingency rather than the base case. Most economists expect the first rate hike in early 2028, while markets are pricing in one as early as March 2027.
The USD/CHF exchange rate fell to 0.8132 on August 14, 2026, down 0.07% from the previous session. Over the past month, the Swiss Franc has weakened 0.96%, and is down by 0.87% 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 15 of 2026.
The USD/CHF exchange rate fell to 0.8132 on August 14, 2026, down 0.07% from the previous session. Over the past month, the Swiss Franc has weakened 0.96%, and is down by 0.87% 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.