1 EUR to CHF - Convert Euro to Swiss Franc

Looking at the 30-day window, the EUR/CHF pair traded in a range of 0.877600 to 0.943100. The monthly average was 0.908323 with 1.83% volatility. This downward movement of 2.1% suggests significant momentum in the EUR/CHF exchange rate.

The current mid-market exchange rate is 1 EUR = 0.917921 CHF, updated as of June 4, 2026, 2:35 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.

Euro to Swiss Franc Exchange Rate

EUR/CHF is the most important European cross-rate after EUR/GBP. Switzerland is surrounded by Eurozone countries, and the economic relationship between the two is so tight that the Swiss National Bank has historically gone to extraordinary lengths to manage this specific exchange rate, including a controversial three-year price floor that shook global markets when it was removed.

The 1.20 Floor That Broke Brokers

In September 2011, the SNB announced it would not allow EUR/CHF to fall below 1.20 and would buy unlimited euros to defend this level. For three years, the floor held. Traders treated 1.20 as a guaranteed backstop. Then on January 15, 2015, with no warning, the SNB abandoned the floor. EUR/CHF plunged from 1.20 to below 0.86 in minutes before partially recovering. The move was so violent that it bankrupted several forex brokers, caused hundreds of millions in losses at banks, and wiped out traders who had positioned based on the floor. It remains one of the most dramatic single events in modern forex history and a permanent reminder that central bank policies can change without warning.

What Drives the EUR/CHF Rate

ECB and SNB monetary policy divergence is the primary driver. When the ECB raises rates faster than the SNB, EUR/CHF tends to rise. Global risk sentiment matters because crisis periods drive safe-haven flows into the franc. Swiss trade data, Eurozone inflation, and cross-border capital flows between Switzerland and the EU also affect the rate. The SNB's massive foreign reserve position means it can intervene at any time.

What a Conversion Really Costs

EUR/CHF is liquid with reasonably tight spreads. Banks charge 0.5-2%. Online services offer 0.3-1%. For the many cross-border workers who commute between France, Germany, or Italy and Switzerland, the EUR/CHF rate determines how much their Swiss salary is worth in euros every month. With over 350,000 cross-border commuters (frontaliers) working in Switzerland from France, Germany, and Italy, this rate affects more households than most people realize.

How to Get the Best EUR to CHF Rate

Compare the mid-market rate on this page with your provider. For cross-border workers, a multi-currency account that holds both EUR and CHF avoids repeated conversion fees. For one-time transfers, online services beat banks consistently on this pair. The proximity between Switzerland and the Eurozone means competitive pressure among providers is high, which benefits consumers on both sides of the border. Shopping around between three or four providers before committing is standard practice for regular cross-border converters.