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If you're planning a trip to the United States, you'll likely need to exchange some Swiss Francs (CHF) for US Dollars (USD).
The current exchange rate is approximately 1 CHF to 1.07 USD.
You can check the latest exchange rates online or at a currency exchange office.
The exchange rate can fluctuate depending on various economic factors, such as interest rates and inflation.
One key thing to keep in mind is that exchange rates can change quickly, so it's essential to stay up-to-date with the latest rates.
Curious to learn more? Check out: How Are Spot Exchange Rates Determined
Converter
The OANDA Currency Converter is a powerful tool that allows you to check the latest foreign exchange average bid/ask rates and convert all major world currencies.
You can use it to convert 5 CHF to USD, and according to the OANDA Rates, 5 CHF is equivalent to 5.48 USD.
One of the advantages of using an online converter is that it provides real-time conversion rates, which means you can save money by getting the most up-to-date and accurate exchange rates.
Here are the conversion rates for 5 CHF to USD from various online sources:
As you can see, the conversion rates are very close, with a slight variation between the different sources.
Understanding Exchange Rates
The exchange rate for 5 CHF to USD is 5.49 USD, as seen in the live exchange rates section. This means that if you exchange 5 Swiss Francs, you'll get 5.49 US Dollars.
To put this into perspective, if you exchange 1 CHF, you'll get 1.0965 USD, according to the conversion rates section. This is a significant difference, especially when exchanging larger amounts.
Here's a breakdown of the exchange rates for different amounts of CHF:
The Swiss Franc is currently stronger than the US Dollar, as 1 CHF is equal to 1.0965 USD. This is according to the article section that compares the two currencies.
Exchange Rates
Exchange Rates are constantly changing, but what do these changes mean for you? The Swiss Franc (CHF) and US Dollar (USD) exchange rate has been fluctuating over the past 30 days, reaching a high of $1.1204 and a low of $1.0916, with an average rate of $1.1055.
The volatility of the exchange rate can be significant, with a change of -1.99% in the past 30 days. This means that if you were to exchange 1,000 CHF to USD today, you would get $1,098.33, but if you were to exchange it 30 days ago, you would get $1,109.50.
Here are some current exchange rates for your reference:
The exchange rate can have a significant impact on your travel or business expenses. For example, if you were to exchange 1,000 CHF to USD at the current rate, you would get $1,096.50, but if you were to exchange it at the highest rate in the last 10 years (1.1892 USD), you would get $1,189.20.
The Swiss Franc has been gaining strength against the US Dollar, with a year-to-date decrease of -0.50%. However, over the past 10 years, the Swiss Franc has appreciated +9.76% against the US Dollar, making it a stronger currency.
Curious to learn more? Check out: 500 Swiss Francs to Usd
When to Convert?
The best time to convert your money depends on your needs, but if you're looking for a good time to convert CHF to USD, consider doing it between 3-4 PM GMT when market liquidity and trading volume are highest.
This period offers more favorable exchange rates, which can make a big difference in the value of your money.
If you need USD urgently, it's a good idea to convert your CHF early in the week, as executing a trade late in the week might result in a delayed settlement until the following week.
Forex markets are closed on weekends, so it's best to avoid converting your money then.
Additional reading: Convert 1 Us Dollar to Vietnam Dong
How to Convert?
To convert 5 CHF to USD, you can use an online converter that provides real-time exchange rates, allowing you to save money by getting the most relevant conversion.
You can use this tool to find the exact conversion value, down to the thousandth of a cent, at the moment you decide to convert.
The online converter will give you the most recent exchange rate, so you can see the value of the converted currency accurately.
With a simple operation and true professional tool, you can easily convert your Swiss Francs to US Dollars.
Recommended read: Canadian Currency to Euro Conversion
Forex Historical Data
Forex Historical Data is a valuable tool for anyone looking to make informed decisions in the foreign exchange market. You can find historical forex exchange rates in our market section, by clicking the desired symbol and scrolling down to the historical data link.
Our forex historical data includes open, high, low, and close values, as well as change in pips and percent. You can narrow down your search using the included time filter.
The historical data for the CHF to USD exchange rate is particularly useful for traders and investors. In the last 30 days, the high was $1.1204, the low was $1.0916, and the average rate was $1.1055. The overall change in this period was -1.99%.
Over the last 90 days, the CHF to USD exchange rate peaked at $1.1577 and dipped to a low of $1.0916, averaging $1.1283. The total change for this period was -5.15%.
If you're looking for the highest CHF to USD exchange rate in the last 10 years, it was on December 29, 2023, when each Swiss Franc was worth $1.1892 US Dollars.
Here's a summary of the last 30 and 90 days of CHF to USD exchange rates:
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