CHF TO INR TODAY AND FORECAST
February 24, 2023. CHF TO INR TODAY
Current CHF to INR exchange rate equals 88.2870 Rupees per 1 Swiss Franc. Today’s range: 87.8404-89.0024. Yesterday’s rate 88.5279. Change for today -0,27%. More details on current CHF to INR below.
The Swiss franc (CHF) is the official currency of Switzerland, while the Indian rupee (INR) is the official currency of India. The exchange rate between these two currencies can fluctuate depending on a variety of economic and geopolitical factors.
As of February 24, 2023, the current exchange rate between CHF and INR is approximately 88.26 INR for 1 CHF. This means that if you wanted to convert 100 CHF to INR, you would receive approximately 8,826 INR.
The exchange rate between CHF and INR can be influenced by a number of factors, including interest rates, inflation, political stability, and economic performance. For example, if the Swiss National Bank (SNB) were to raise interest rates, this could strengthen the value of the Swiss franc relative to the Indian rupee, causing the exchange rate to increase. Conversely, if the Reserve Bank of India (RBI) were to lower interest rates, this could weaken the value of the Indian rupee relative to the Swiss franc, causing the exchange rate to decrease.
Another factor that can affect the exchange rate between CHF and INR is trade. Switzerland is a major exporter of pharmaceuticals, machinery, and watches, among other products, while India is a major exporter of textiles, pharmaceuticals, and software services. If trade between these two countries were to increase, this could potentially increase the demand for each other’s currencies, causing the exchange rate to change.
It’s important to note that exchange rates can be volatile and subject to sudden fluctuations, especially in response to unexpected events such as natural disasters, political turmoil, or changes in government policies. Therefore, if you are planning to exchange CHF to INR or vice versa, it’s a good idea to monitor exchange rates regularly and seek the advice of a financial professional if you have any concerns.
In summary, the exchange rate between CHF and INR is influenced by a variety of factors, including interest rates, inflation, trade, and geopolitical events. As of February 24, 2023, the current exchange rate is approximately 88.26 INR for 1 CHF.