Home Live rates EUR to CHF

EURCHF exchange rate

The live euro-to-Swiss-franc rate, updated every minute. Book EUR→CHF with SummitFX on WhatsApp — same-day Swiss settlement when you transact during the European trading day.

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€1 = CHF
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EUR/CHF over time

Use the tabs to view the last week, month, year, or five years of daily closing rates. The shaded band shows the high-low range for the period — a quick visual read on volatility.

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Convert EUR ↔ CHF at today's rate

Type in either box — enter a EUR amount to see what you'd get in CHF, or enter a target CHF amount to see how many euros you'd need. Calculated at the live mid-market rate shown above.

Note: The rate shown is the live mid-market rate. Your actual executable rate includes a small spread — typically 0.3–0.7% at SummitFX vs 2–4% at a UK high street bank. We'll always show the full breakdown before you book.

What drives the EUR/CHF rate

EUR/CHF is one of the most closely-watched currency pairs in Europe. Switzerland is geographically and economically integrated with the eurozone, and the Swiss National Bank has a long history of intervention to manage CHF strength against the euro. The pair moves on relative ECB-SNB policy, eurozone economic data, eurozone political risk, and global safe-haven flows. EUR/CHF is the single most important pair for understanding CHF dynamics — it's the cross the SNB has actively managed for over a decade, including the 2011 floor at 1.20 (capped EUR/CHF from going lower) and the dramatic removal of that floor in January 2015 ('francogeddon').

The eurozone side — what strengthens or weakens the euro

European Central Bank policy: The ECB sets eurozone interest rates (deposit rate 2.0% in early 2026). The ECB-SNB policy gap is structurally wide because Switzerland has historically run very low or negative rates. ECB rate decisions and Christine Lagarde's press conferences drive EUR/CHF directly through the policy gap channel.

Eurozone HICP: Harmonised inflation drives ECB rate expectations. Hot CPI prints support EUR by raising rate-hold or rate-hike expectations; soft prints weaken it. Both eurozone and Swiss inflation move EUR/CHF, but Swiss inflation moves disproportionately because the SNB has more room to surprise.

Eurozone political risk: EU-specific stress — French elections, Italian fiscal crises, Brexit-style episodes — drives capital out of EUR and into CHF as safe haven. EUR/CHF is the cleanest cross for tracking eurozone-specific stress because both currencies have similar geographic/economic positioning otherwise.

Eurozone sovereign spreads: Bund-BTP and Bund-OAT spreads are watched closely. Widening spreads tend to weaken EUR against CHF. The 2011 EUR/CHF floor at 1.20 was introduced specifically because eurozone sovereign stress was driving capital into CHF at extreme levels.

Risk sentiment: Both EUR and CHF are European currencies, but CHF is a safe haven and EUR isn't. In risk-off episodes EUR weakens against CHF. In bullish phases the gap narrows. EUR/CHF is one of the cleanest 'European risk barometers' in FX.

The Switzerland side — what strengthens or weakens the franc

Swiss National Bank policy and intervention: The SNB sets Swiss interest rates and is the most interventionist major central bank globally. Decisions, FX reserves changes, sight deposit data, and statements from Chairman Martin Schlegel are the biggest scheduled CHF events. The SNB has actively defended EUR/CHF on multiple occasions — most famously the 2011 floor at 1.20 and the 2015 cap removal that triggered francogeddon.

Safe-haven flows: CHF is the world's premier safe-haven currency alongside JPY and gold. Geopolitical stress, financial market crises, eurozone tensions, or banking sector worries trigger immediate CHF buying. EUR/CHF is the most direct expression of safe-haven CHF demand because Switzerland is geographically European.

Swiss inflation: Switzerland has structurally low inflation due to imported goods denominated in weaker currencies. Even small Swiss CPI surprises move CHF disproportionately because they shift SNB policy expectations meaningfully — the SNB has historically tolerated near-zero inflation as long as CHF wasn't strengthening too much.

SNB FX reserves: The SNB holds enormous FX reserves (often >100% of Swiss GDP) accumulated through years of CHF-weakening intervention. Reserve composition changes and sight deposit data signal recent SNB FX activity. Markets watch SNB sight deposits weekly for clues to intervention.

Lex Koller and Swiss capital controls: Switzerland has strict rules on foreign property ownership (Lex Koller) and historically applied negative rates to foreign deposits. These structural factors limit speculative CHF inflows in normal times but don't prevent flight-to-safety flows during stress episodes.

The eurozone-Switzerland corridor

Switzerland is the EU's third-largest trading partner outside the bloc, and the EU is by far Switzerland's largest. Bilateral trade exceeds €280 billion annually — Switzerland's economy is more integrated with the eurozone than any non-EU country except potentially Norway. Most Swiss trade is in services, pharmaceuticals, machinery, watches, and chemicals. Beyond trade, Switzerland is one of the world's largest non-EU holders of euro-denominated assets through Swiss private banks, insurance companies, and SNB reserves. The corridor carries enormous institutional flow that makes EUR/CHF one of the deepest non-USD pairs globally.

Cutoff times and settlement windows

EUR→CHF settles via SWIFT through our Swiss correspondent, with the actual CHF leg routing through the Swiss Interbank Clearing system. Switzerland is in the same time zone as central Europe (CET/CEST), which simplifies same-day delivery for European-routed flow. EUR/CHF is one of the few major pairs where time-zone alignment is essentially perfect.

Same-day cutoff

15:00 UK
Book and fund by 15:00 UK time on a business day for same-day delivery into your CHF recipient account. Trades booked after 15:00 settle T+1.

Typical settlement

Same day
For on-time EUR inbound and SWIFT onward payment, CHF typically lands in your beneficiary's account within 2–4 hours.

SIC (Swiss Interbank Clearing)

Same day typical
CHF is delivered through the Swiss Interbank Clearing (SIC) system via our Swiss correspondent. SIC operates throughout the Swiss banking day and most Swiss recipient banks credit incoming wires within hours of release. Major Swiss banks (UBS, ZKB, Raiffeisen, PostFinance) typically credit fastest.

Non-business days

Next working day
UK bank transfers don't clear on weekends or UK bank holidays. Trades agreed over a weekend settle on the next UK business day when your EUR funds arrive.

What can delay a same-day CHF credit

Three things most commonly cause EUR→CHF transfers to slip past same-day:

Late EUR funding. Our cutoff is 15:00 UK time for same-day CHF release. SEPA Credit Transfer typically takes a few hours bank-to-bank; SEPA Instant credits within seconds. If your sending bank only offers standard SEPA, initiate the transfer the day before or early morning to ensure EUR arrives in time.

AML compliance review on private banking transfers. Swiss private banks apply rigorous AML and source-of-funds checks, particularly for new beneficiary relationships or larger amounts. These reviews are usually clear within a few hours but can occasionally extend settlement to T+1, especially for first-time transfers above CHF 100,000.

Swiss public holidays. Switzerland has both federal and cantonal holidays. Notable federal ones for FX: Swiss National Day (1 August), Christmas, New Year. Cantonal holidays vary widely. Eurozone-only holidays don't affect CHF outbound, but Swiss holidays close SIC entirely.

For high-value transfers to Swiss private banks or large corporate payments, we recommend booking the day before to allow buffer for compliance review. Forward contracts are commonly used for Swiss property completions, executive compensation arrangements between EU firms and Swiss subsidiaries, and ongoing Swiss school fee schedules for European families.

Who sends EUR to CHF

EUR/CHF is the corridor for eurozone residents and businesses with meaningful Swiss-franc obligations, plus anyone with Swiss banking, property, or business interests. Common use cases:

Swiss property purchase by European buyers

European buyers — particularly French, German, Italian — purchasing Swiss alpine property in Verbier, St Moritz, Zermatt, Crans-Montana, Gstaad. Swiss property purchases by foreign buyers are subject to specific rules (Lex Koller) including residency and use restrictions; forward contracts are essential given the typical 2-3 month closing timeline.

European executives in Swiss roles

European residents with Swiss employment — pharma in Basel, banking in Zurich, international organisations in Geneva. Regular EUR→CHF conversion for Swiss living costs, plus periodic CHF→EUR repatriation. Standing arrangements smooth out the rate exposure across multiple monthly transfers.

Private banking transfers

European residents transferring to or topping up Swiss private banking accounts. These are typically large one-off amounts where broker spreads vs bank spreads make a meaningful difference, and where settlement timing is less time-critical than amount certainty.

European importers of Swiss goods

European businesses sourcing Swiss watches (Rolex, Patek Philippe, Audemars Piguet), pharmaceuticals (Roche, Novartis), machinery (ABB), and luxury goods. Tight spreads on regular high-volume payments protect margin in industries where Swiss premium pricing already applies.

Swiss school and university fees

European families with children at Swiss boarding schools (Le Rosey, Aiglon, Beau Soleil, Institut Le Rosey) or Swiss universities (ETH Zurich, EPFL, University of Zurich). Annual fee schedules are predictable, making forwards or rate alerts a natural fit.

Pharmaceutical and biotech corporate flows

European pharmaceutical and biotech companies funding Swiss operations or paying Swiss collaborators. The dense Swiss pharma cluster (Roche, Novartis, plus many specialty firms) generates recurring EUR→CHF flow for licensing, joint research, and clinical trials.

Why book EUR/CHF with us

You can convert euros to Swiss francs through your bank, through a transfer app, or through a broker. EUR/CHF is one of the deepest non-USD pairs in global FX, but Swiss banking's premium pricing structure means the gap between broker and bank rates is often wider than for other major pairs.

EUR to CHF FAQs

Everything clients typically ask about sending euros to Swiss francs. Still have questions? Message us on WhatsApp — a real dealer, not a bot, will reply.

Is today a good time to buy Swiss francs?

We never forecast — but the chart above puts today's rate in context. EUR/CHF tends to fall in eurozone stress episodes (CHF safe-haven flow) and rise in calmer periods. Watching eurozone sovereign spreads (Bund-BTP, Bund-OAT) gives a real-time read on stress. Rate alerts let you set a target and wait passively.

How much better is SummitFX's rate than my bank's?

European and Swiss banks typically mark up EUR/CHF by 2–4% for retail customers. SummitFX spreads are 0.3–0.7% depending on size. On a CHF 500,000 property deposit that's a saving of CHF 8,500–CHF 18,500 in your favour — material at any scale.

How long does an EUR to CHF transfer take?

Book and fund by 15:00 UK time on a business day and CHF typically lands in your beneficiary's Swiss account the same business day — usually within a few hours via the SIC clearing system. EUR/CHF benefits from same-time-zone alignment, making timing more predictable than most cross-border pairs.

Can I lock today's EUR/CHF rate for a Swiss property completion?

Yes — and we strongly recommend it given Swiss property's sensitivity to CHF strength. A forward contract fixes today's rate for delivery on completion day. You pay a deposit (typically 5–10% of the trade) upfront and settle the balance at completion. Swiss conveyancing typically runs 2–3 months — plenty of time for EUR/CHF to move materially.

What's the minimum trade size?

No hard minimum — we handle trades from €500 to €5m+. Below around €5,000 the spread widens slightly to cover fixed execution costs. For recurring smaller payments to Swiss expats or schools, market orders or standing arrangements work better than ad-hoc bookings.

What's the real EUR/CHF rate?

The rate shown on Google, XE, or the chart above is the mid-market rate — the midpoint of interbank buy and sell quotes. Nobody gets exactly that rate; providers add a margin. European and Swiss banks typically 2–4%, Wise around 0.4–0.6%, SummitFX 0.3–0.7% — with our clients also getting a named dealer and WhatsApp access.

What was 'francogeddon' in 2015?

On 15 January 2015, the Swiss National Bank unexpectedly removed the 1.20 floor it had maintained on EUR/CHF since September 2011. The pair dropped from 1.20 to 0.85 in minutes — a roughly 30% move. Some retail FX brokers and many speculators were wiped out. The episode is a reminder of how dramatically CHF can move when the SNB changes course. Forward contracts protect against exactly this kind of risk on time-sensitive Swiss payments.

What happens if EUR/CHF moves against me before settlement?

Your rate is locked the moment you reply CONFIRM on a quote. Even if CHF spikes 2% on a risk-off event before your EUR clears to us, the rate you receive stays exactly as booked. Locking in advance is essential for any time-critical Swiss payment because EUR/CHF is one of the most intervention-sensitive pairs in FX.

Ready to book EUR/CHF?

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