Live Swiss Franc Exchange Rate (CHF/INR) Today in India

Getting the best available CHF Rate Today with BookMyForex

As per today’s exchange rate i.e. Thursday 21/11/2024 , 1 Swiss Franc is equals to 95.6234 Indian Rupees. Change in CHF rate from previous day is +0.08%.

In case you are looking to get the best Swiss Franc rates in your area, try BookMyForex. You can buy as well sell CHF at the best exchange rates with BookMyForex which provides foreign exchange at live and transparent rates. Since the currency exchange market is highly volatile, Swiss Franc rates keep on changing throughout the day. You can check live Swiss Franc rates online at BookMyForex.com and place an order to buy or sell Swiss Franc online at the live rates.

Swiss Franc Profile

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. 

Why Should You Purchase Swiss Franc from BookMyForex?

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!

Online Order Facility: While banks and other institutions require making in-person visits, you can buy or sell Swiss Francs online with the comfort of your own home. 

Best Exchange Rate: You don’t need to haggle to get better rates as BookMyForex scans the exchange rates quoted by 100s of money changers near to your location and provides you with the best CHF exchange rate. 

Doorstep Delivery: With BookMyForex, you can not only place an order and make payment online to purchase Swiss Francs but also the same would be delivered to you directly to your home in case you go for the home delivery facility. So no need to step out from your home to get Swiss currency.

One-Stop Forex Solution: Being a  digitally enabled online marketplace for currency exchange, BookMyForex provides a full suite of forex related products which include foreign currency notes, forex cards, wire transfer (TT), foreign currency-denominated demand drafts, traveller’s cheque etc. 

Better CHF Exchange Rates than Indian Banks 

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:

How Can I get the Best CHF to INR Exchange Rates with BookMyForex?

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.