1 CHF to INR - Convert Swiss Franc to Indian Rupee

Looking at the 30-day window, the CHF/INR pair traded in a range of 116.0730 to 123.4532. The monthly average was 119.7965 with 1.68% volatility. The relatively low volatility indicates stable trading conditions for the CHF/INR currency pair.

The current mid-market exchange rate is 1 CHF = 117.0226 INR, updated as of June 24, 2026, 7:15 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Swiss Franc to Indian Rupee Exchange Rate

CHF/INR connects Switzerland's stable franc with India's rapidly growing economy. The Swiss-Indian relationship spans pharmaceuticals, IT services, financial management, and a growing diplomatic partnership. For Indian professionals in Switzerland's banking and pharma sectors, and Swiss companies expanding into India's 1.4 billion-person market, this rate bridges two very different economic systems.

The Pharma-IT Exchange

Switzerland and India have built a complementary economic relationship around pharmaceuticals and technology. Swiss pharma giants Novartis and Roche maintain significant Indian operations for research, manufacturing, and their largest growth market by patient volume. Indian generic pharmaceutical companies produce versions of Swiss-developed drugs for global markets, creating a complex intellectual property and trade relationship. In the reverse direction, Indian IT companies TCS, Infosys, and Wipro employ thousands in Switzerland, providing technology services to Swiss banks, insurers, and manufacturers. These IT contracts generate franc revenue that converts to rupees when profits are repatriated to India. Switzerland's banking sector has historically been associated with Indian offshore wealth, though transparency initiatives and information exchange agreements have transformed this relationship into a more conventional financial services corridor. Indian students at Swiss hospitality and business schools convert rupees to francs for tuition. The Switzerland-India bilateral investment treaty facilitates corporate cross-border investment in both directions. For Indian professionals in Zurich and Geneva earning among the world's highest salaries, CHF/INR determines the rupee value of savings sent home or invested in Indian property and markets.

What Drives the CHF/INR Rate

SNB and RBI interest rate decisions, Indian inflation and GDP data, Swiss economic conditions, global risk sentiment (CHF strengthens during uncertainty), oil prices (India imports energy), and pharmaceutical sector dynamics are the main drivers. The pair combines CHF/USD and USD/INR dynamics.

What a Conversion Really Costs

Banks charge 2-4%. Online services offer 0.5-2%. India's LRS limit of $250,000 per year applies for outward remittance with TCS tax above thresholds. Swiss banks handling Indian client conversions offer competitive rates for larger amounts. The corridor is moderately served by online providers with growing competition as the Indian diaspora in Switzerland expands.

How to Get the Best CHF to INR Rate

Compare the mid-market rate on this page with your provider. For Indian professionals in Switzerland, online services are cheapest for regular remittances. Factor in TCS tax for outward conversion from India. Swiss bank rates are competitive for larger institutional amounts. The growing Indian professional community in Switzerland is attracting more providers to serve this corridor, gradually improving competition.