Current Rate =
|Buy CHF Forex Card||₹78.9341|
|Sell CHF Forex Card||₹77.783|
|Buy CHF Wire Transfer||₹79.0141|
|Buy CHF Currency Notes||₹78.971|
|Sell CHF Traveler Cheques||N/A|
|Sell CHF Currency Notes||₹78.269|
|Buy CHF Traveler Cheques||N/A|
|Buy CHF Demand Draft||₹79.0141|
Are you looking for the best Swiss Franc exchange rate in your city? Now buy or sell Swiss Franc or load your forex card with Swiss currency online at the live exchange rate at BookMyForex.com. You can visit the full rate card of BookMyForex to check the live CHF exchange rates and book your forex order online or simply call at +919212219191.
Swiss Franc or the Franc is the official currency and legal tender of Switzerland and Liechtenstein. Franc is abbreviated as CHF in the international currency exchange markets. The abbreviation "CHF" is derived from the Latin name of the country, "Confoederatio Helvetica," with the "F" standing for "franc."
CHF is also the official currency of Italian exclave of Campione d'Italia. The Swiss National Bank is the issuing as well as managing authority of the currency of Switzerland. The Swiss franc was officially recognized as Switzerland's currency in May of 1850, when it replaced several currencies issued by the different cantons.
Also Read: Click Here to Know More About Swiss Franc
Switzerland is known for its political neutrality and minimum inflation. It has not participated in an armed conflict since 1815. Also, the Swiss banks are well known for their secrecy laws all over the world. That is why Switzerland is counted as one of the safe heaven countries. Over the last 15 years, the value of the Swiss franc has increased significantly against world’s major currencies such as Euro and USD. The European Debt crisis and the accommodative monetary policy of the US Federal Reserve are the two main factors behind the weakening of Eur and USD respectively against the CHF.
In case you are planning to visit Switzerland in the near future, you would certainly require the Swiss currency to transact there which now you can purchase online at bookmyforex.com at the best Swiss Franc rate.
Though you can purchase foreign exchange including Swiss Francs from multiple places in India such as from your bank, a nearby local money changer or at the airport itself but BookMyForex scores way better than these traditional places in terms of overall cost, convenience and experience. Here is how!
Live Rates: Banks and money exchangers worked on the concept of what’s known as “today’s CHF rate” or “CHF rate today” which is essentially a fixed rate for CHF to INR conversion. Since foreign exchange rates are volatile even by seconds, such money changers keep a thick layer of margin over the underlying Inter-bank rates to counter any adverse movement in the exchange rate during the day.
On the other hand, BookMyForex provides Swiss Francs at live rates displayed on its website which is very close to the IBR rate, thereby benefitting the customer in terms of better exchange rates.
Advantage-Digital: Most of the money changers in India have an institutional setup at the physical level which involves various kinds of fixed costs such as rent, salaries and other operating costs. The simple rule of economics tells us that all of these costs are ultimately borne by the customer in the form of higher fees and purchase price.
Being a digitally enabled platform, BookMyForex saves that cost and pass that benefit to the customers in the form of the best foreign currency exchange rates in the market.
Aggregator Model: Being a currency exchange marketplace, BookMyForex first compares the exchange rate among the quotes provided by 100s of currency changers near to your location and then provides you with the best exchange rates. The principle of competition ensures you get the best exchange rate.
Here is a comparative analysis of BookMyForex with other forex players in the market:
Step 1: Go to BookMyForex.com or simply call at 9212219191
Step2: Select the currencies (INR to CHF) and the amount that you want to exchange.
Step 3: Upload your KYC documents online which include your Passport, Visa, Air-Ticket and PAN card and make payment. You can also opt for Pay on Delivery option.
Step 4: Congrats! Your Swiss Francs would be delivered directly to your home, most probably on the same day!
Rate Alert to Track CHF Exchange Rate Online
Using the rate alert feature available at BookMyForex.com, you can save yourself from keeping a continuous tab on rates. The rate alert feature allows you to set the rates at the levels you want to purchase Swiss Francs (CHF) and then BookMyForex automatically notifies you when the CHF strikes that rate.
Q1. Which is the best place to buy Swiss Franc in India?
Ans. You can purchase Swiss Francs from multiple places in India such as from a nearby bank, some local money changer, at the airport or from an online currency exchange marketplace. However, if you are also looking for the best Swiss Franc rates and great convenience, you can opt for a trusted currency exchange marketplace.
Being a digitally enabled platform, BookMyForex checks and compares Swiss Franc rates quoted by 100s of money changers available near to your location and provides you with the best CHF rate. You can place your order online with the comfort of your own home and get your forex delivered directly to your doorstep.
Q2. Is CHF a stable currency?
Ans. Switzerland is considered one of the most stable countries in the world both politically and economically. You can get an idea about the stability from the fact that Switzerland has never been involved in an armed conflict since 1815. Further, the Swiss Bank is mandated for targeting Zero inflation rate. Also, the Banking Secrecy laws of Switzerland make it a safe haven for investors to deposit or invest their money here.
Q3. Should I buy CHF 3 to 6 months before my trip?
Ans. No, as per the RBI guideline, the traveller must be travelling abroad in the next 60 days of currency purchase. It means that you can purchase foreign currency (Swiss Franc in this case) not before 60 days prior to the date of your travel.
|Swiss Franc (CHF)||Indian Rupee (INR)|
|Swiss Franc (CHF)||Indian Rupee (INR)|
|1 Million CHF||78714100|