Remitly vs TorFX
We compare Remitly and TorFX to see which international money transfer service saves you more money overall. Read more…
Australian Dollar to Swiss Franc Exchange Rate
Live Rate
Refreshing in: 60s | Sun, Oct 20, 07:30AM GMT
- Cheap transfers
- Bank-beating exchange rates
- Safe and reliable
Historical Rate chart of AUD and CHF
Send money from Australia to Switzerland
The "Rate" and "Amount Received" displayed are indicative rates that have been supplied by each brand or gathered by Finder.
Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention "Finder" before you commit to a brand.
Can’t find what you’re looking for? Have a TorFX currency expert contact you for free
Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options. Our foreign exchange experts offer a best rate guarantee, are ASIC authorised and never charge transfer fees.
They can help you with all your needs including:
- Buying property abroad
- Emigrating
- Regular overseas payments
- Risk management
- Forecasting
See exchange rate updates in real-time
| USD | AUD | CAD | EUR | CNY | GBP | INR | MXN | PHP | |
|---|---|---|---|---|---|---|---|---|---|
| 1 USD = | 1.0000 | 1.4589 Inverse: 0.6855 | 1.3127 Inverse: 0.7618 | 0.8941 Inverse: 1.1185 | 7.0817 Inverse: 0.1412 | 0.7704 Inverse: 1.2981 | 71.0905 Inverse: 0.0141 | 19.1040 Inverse: 0.0523 | 51.2978 Inverse: 0.0195 |
| 1 AUD = | 0.6855 Inverse: 1.4589 | 1.0000 | 0.8998 Inverse: 1.1114 | 0.6128 Inverse: 1.6318 | 4.8542 Inverse: 0.2060 | 0.5280 Inverse: 1.8938 | 48.7290 Inverse: 0.0205 | 13.0948 Inverse: 0.0764 | 35.1621 Inverse: 0.0284 |
| 1 EUR = | 1.1185 Inverse: 0.8941 | 1.6318 Inverse: 0.6128 | 1.4682 Inverse: 0.6811 | 1.0000 | 7.9209 Inverse: 0.1262 | 0.8616 Inverse: 1.1606 | 79.5147 Inverse: 0.0126 | 21.3678 Inverse: 0.0468 | 57.3766 Inverse: 0.0174 |
| 1 GBP = | 1.2981 Inverse: 0.7704 | 1.8938 Inverse: 0.5280 | 1.7039 Inverse: 0.5869 | 1.1606 Inverse: 0.8616 | 9.1927 Inverse: 0.1088 | 1.0000 | 92.2821 Inverse: 0.0108 | 24.7988 Inverse: 0.0403 | 66.5894 Inverse: 0.0150 |
If so, you’ll need to find the best exchange rate for your transfer. By timing your transfer when the AUD/CHF exchange rate is at its peak and by choosing the transfer provider that offers the best exchange rate, you can enjoy huge savings on your transaction.
Australian Dollar
The Australian dollar is the fifth most traded currency in the world. When it was first created, suggestions for its name included the koala, the royal and the austral. Even so, it's commonly referred to as the "Aussie" in forex markets.
| Currency: | Australian Dollar |
| Currency Symbol: | $ |
| Sub unit: | cents |
| Bank notes: | $5, $10, $20, $50, $100 |
| Coins: | 5c, 10c, 20c, 50c, $1, $2 |
Swiss Franc
The Swiss franc is considered a "neutral" currency, much like its home country, Switzerland, is a neutral country. Experts rate Switzerland the safest economy in the world, with the franc emerging as a safe haven within the forex market.
| Currency: | Swiss Franc |
| Currency Symbol: | CHF, Fr., SFr. (old) |
| Sub unit: | rappen |
| Bank notes: | 10, 20, 50, 100, 200 & 1,000 francs |
| Coins: | 5, 10 & 20 centimes, 1⁄2, 1, 2 & 5 francs |
Australian Dollar to the Swiss Franc for the last 10 years
| Oct 2009 | Oct 2010 | Oct 2011 | Oct 2012 | Oct 2013 | Oct 2014 | Oct 2015 | Oct 2016 | Oct 2017 | Oct 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 0.9374 Inverse: 1.0667 | 0.9443 Inverse: 1.0590 | 0.9255 Inverse: 1.0805 | 0.9585 Inverse: 1.0433 | 0.8731 Inverse: 1.1454 | 0.8272 Inverse: 1.2090 | 0.6924 Inverse: 1.4442 | 0.7548 Inverse: 1.3249 | 0.7675 Inverse: 1.3029 | 0.7074 Inverse: 1.4137 |
Lock in the best AUD/CHF exchange rate and find the lowest transfer fees when you send money to Switzerland.
AUD/CHF: How to get value for money
If you’re sending money from Australia to Switzerland, there are two critical factors you need to consider:
- Sending your transfer at the right time, when the AUD/CHF exchange rate is at its highest
- Choosing a transfer provider that consistently offers high AUD/CHF exchange rates and competitive transfer fees
Let’s start with the first of these two points: how do you pinpoint the best AUD/CHF exchange rate? The best place to start is to take a look back at the historical performance of the AUD compared to the CHF.
Australian Dollar to the Swiss Franc for the last 10 months
| Dec 2018 | Jan 2019 | Feb 2019 | Mar 2019 | Apr 2019 | May 2019 | Jun 2019 | Jul 2019 | Aug 2019 | Sep 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 0.7070 Inverse: 1.4144 | 0.7137 Inverse: 1.4012 | 0.7177 Inverse: 1.3934 | 0.7034 Inverse: 1.4217 | 0.7243 Inverse: 1.3806 | 0.6920 Inverse: 1.4451 | 0.6777 Inverse: 1.4756 | 0.6871 Inverse: 1.4555 | 0.6580 Inverse: 1.5198 | 0.6704 Inverse: 1.4917 |
Australian Dollar to the Swiss Franc for the last 10 days
| Oct 10 | Oct 11 | Oct 12 | Oct 13 | Oct 14 | Oct 15 | Oct 16 | Oct 17 | Oct 18 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 0.6737 Inverse: 1.4843 | 0.6772 Inverse: 1.4768 | 0.6770 Inverse: 1.4771 | 0.6785 Inverse: 1.4739 | 0.6760 Inverse: 1.4793 | 0.6743 Inverse: 1.4830 | 0.6719 Inverse: 1.4884 | 0.6740 Inverse: 1.4837 | 0.6743 Inverse: 1.4831 | 0.6743 Inverse: 1.4831 |
Australian dollar to Swiss franc exchange rate history
The AUD replaced the British pound (GBP) as Australia’s official currency in 1966. Though originally fixed to the GBP, the AUD was to eventually become a free-floating currency during 1983.
Meanwhile, the Swiss franc (CHF) was first introduced back in 1798, replacing a wide range of different currency systems used by cantons and cities across the country, but didn’t become Switzerland’s official currency until 1850. The value of the CHF was pegged to silver and gold throughout the late 19th and early 20th centuries before being linked to the US dollar (USD) under the Bretton Woods System after World War II.
The CHF has generally been seen as a safe currency by traders on global markets, due in part to Switzerland’s low inflation rate. A legal requirement that the CHF be backed by at least 40% gold reserves, abolished in 2000, has also contributed to the currency’s ability to trade at a higher value than the AUD.
However, as the effects of the global financial crisis hit many economies around the world in 2007, Australia’s resources boom saw the AUD outperform the CHF and hit highs of 1 AUD = 1.07 CHF.
The two currencies then achieved something close to parity for the period from late 2009 to mid-2013 – except for a brief period in mid-2011 when the Swiss National Bank capped the CHF’s exchange rate against the euro, causing the CHF to lose more than 8% against all other major global currencies.
In recent years, as Australia’s economy has slowed, the AUD has dropped in value to sit around 0.75 CHF. However, the two currencies are still both popular choices with currency traders, with the AUD the fifth most popular currency traded on global markets and the CHF just behind it in seventh.
When can I find the best AUD/CHF exchange rate?
Exchange rates are constantly fluctuating – if you need evidence of this, just take a look at a graph charting the 24-hour performance of the AUD/CHF exchange rate. And if you look at a graph examining the exchange rate fluctuations over the course of a few months or even a year, you’ll see just how dramatically a currency’s value can change in a relatively short period of time.
For example, let’s say you wanted to send $5,000 to Switzerland in 2016. Had you looked to send the transfer in June when 1 AUD was worth 0.71 CHF, you would have received poor value for money. But by waiting just one month until July when the rate rose to 1 AUD = 0.75 CHF, your AUD$5,000 would have bought a lot more CHF.
The best exchange rate on offer in 2016 came in October when 1 AUD = 0.76 CHF. As you can see in the table below, this higher exchange rate would have allowed you to send an extra CHF250 than if you had sent the transfer in June.
| June 2016 | July 2016 | October 2016 | |
|---|---|---|---|
| Transfer amount (in AUD) | $5,000 | $5,000 | $5,000 |
| Exchange rate | 1 AUD = 0.71 CHF | 1 AUD = 0.75 CHF | 1 AUD = 0.76 CHF |
| Amount received (in CHF) | 3,550 | 3,750 | 3,800 |
Market rate for common transfer amounts AUD to CHF
| Australian Dollars (AUD) | Swiss Franc (CHF) |
|---|---|
| $1 | 0 |
| $100 | 0 |
| $500 | 0 |
| $1000 | 0 |
| $1500 | 0 |
| $2500 | 0 |
| $5000 | 0 |
How do I know when to transfer AUD to CHF?
The best time to send an international transfer to Switzerland is when the AUD is performing strongly against the CHF – in other words, when the AUD/CHF exchange rate is at its highest point.
Unfortunately, it’s often far from easy to predict the future course an exchange rate will take. There are several factors that can influence the performance of an exchange rate, including everything from interest rates and inflation to political changes on a national and global scale, while economic developments in both Australia and Switzerland can have an effect.
There is no sure-fire way of predicting what will happen to any exchange rate in the coming weeks, months and years, but there are plenty of things you can do to make an educated guess about which way the rate could be headed. Stay abreast of important economic and political developments, monitor financial forecasts for any exchange rate news and look back at the AUD/CHF exchange rate history for information on factors that can drive the rate up or down.
So when is the best time to send AUD to CHF? The graph below, taken from xe.com on 24/05/2017, shows the performance of the AUD/CHF exchange rate in the year leading up to that date. As you can see, the best times to send money to Switzerland during that 12-month period were:
- In February 2017 when 1 AUD = 0.777 CHF
- In March 2017 when 1 AUD = 0.772 CHF
- In April 2017 when 1 AUD = 0.765 CHF
- In October 2016 when 1 AUD = 0.763 CHF
You may also be interested in
XE vs WorldFirst
XE and WorldFirst are put to the test to see which provider is best. Read more…
XE vs PayPal
A comparison of XE and PayPal money transfer providers. Which offers better fees and exchange rates? Find out here. Read more…
How to sell on eBay Australia (and make money)
The complete beginner’s guide to selling on eBay, including how to set up a store, eBay fees, shipping options and money-saving tips. Read more…
What is dropshipping?
Read our complete guide to dropshipping to discover how it works, how to find a reliable supplier and the pros and cons of this popular fulfilment method. Read more…
XE Money Transfer vs OFX
Check out this side-by-side comparison of XE and OFX to find out which provider offers the best value on international money transfers. Read more…
How to choose the best transfer provider
Finding the right time to transfer money to Switzerland is only half the battle; the other half is finding the right transfer company to handle the transaction. There are three main options to choose from when sending money overseas:
- Banks. Sending an international transfer via your bank may be convenient, but it also means you may need to accept a lower exchange rate than you can find elsewhere.
- Cash pickup transfer providers. These companies, such as Western Union and MoneyGram, provide fast transfers in as little as 10 minutes and the convenience of a cash pickup option. However, they can have high transfer fees and don’t offer rates as high as those from online transfer providers.
- Online money transfer providers. Specialist online transfer companies, such as CurrencyFair and OFX, usually offer the highest exchange rates and lowest fees, providing value for money when you need to send funds overseas.
Case study: bank vs money transfer provider vs cash pickup provider
As the manager of an Australian online financial services startup in the midst of an expansion program, Sue needs to send CHF5,000 to Switzerland to help get the company’s new Zurich office up and running.
All of the company’s business banking is usually done with one of Australia’s Big Four banks, but Sue has grown tired of accepting the low exchange rate they offer for each and every transaction. She decides to compare her bank with a cash pickup transfer company and an online transfer provider to see which offers the best deal.
| Bank | Cash pickup transfer provider | Online transfer provider | |
|---|---|---|---|
| Exchange rate | 1 AUD = 0.6885 CHF | 1 AUD = 0.695070 CHF | 1 AUD = 0.7229 CHF |
| Transfer fee | $22 | $180 | $4 |
| Processing time | 2–5 days | 10 minutes | 2 days |
| AUD needed to send CHF5,000 | $7,284.16 | $7,373.52 | $6,920.59 |
| Cost compared to bank (including fee) | - | $89.36 more expensive | $363.57 cheaper |
As you can see, by using an online transfer provider instead of her bank, Sue can save an impressive $363.57 on the cost of her transfer but still send the exact same amount of CHF overseas. This clearly shows why it’s important to compare transfer providers and hunt around for the best deals on exchange rates and transaction fees.
Other tips to help you find the best AUD/CHF exchange rate
There’s plenty more you can do to find the best AUD/CHF exchange rate when sending money to Switzerland, including:
- Monitoring the market. The exchange rate quoted in financial news reports is the mid-market rate, which is the rate at which banks buy and sell currency from one another. Checking the AUD/CHF mid-market rate regularly will help you work out whether the exchange rate a provider offers represents good value for money.
- Comparing multiple quotes. Obtain quotes from multiple transfer providers and see how they stack up against one another. Make sure any quote includes the full transaction fee and keep an eye out for companies that quote you the interbank rate rather than the rate you will actually receive.
- Place a forward contract. With a forward contract, you can protect yourself against a drop in the exchange rate by locking in an exchange rate now for a future transaction.
- Place a limit order. With a limit order, you get to specify the exchange rate you want for a transaction and then let your transfer provider do the hard work of monitoring currency markets. Your transfer is then automatically sent when your desired rate is offered.
- Send larger transfers. Some companies offer fee-free thresholds for large transfers – transfer more than a specified amount and you will not have to pay any fees. You can also cut down on transaction charges by sending one large transfer instead of several smaller ones.
