🇨🇭 CHF vs 🇪🇺 EUR: Currency Strength Comparison
Data updated: November 6, 2026
On November 6, 2026, one Swiss Franc bought 1.0937 EUR at the official reference rate, so per unit the Swiss Franc is worth more. A higher unit value only reflects how each currency is denominated, not which one is gaining: over the past 12 months CHF strengthened by 1.9% against EUR, so on momentum the Swiss Franc (CHF) is the stronger of the two.
Adjusted for consumer-price inflation in both economies, CHF gained 4.2% in real terms against EUR over the same period.
CHF relative to EUR
Positive values mean CHF strengthened against EUR.
CHF vs EUR over the last three years
CHF against EUR, index 100 on November 6, 2023. A rising line means CHF gained on EUR. Dashed: the same, adjusted for consumer-price inflation in both economies. Green dot: 3-year high, red: 3-year low.
- 3-year high: 107.1 on March 9, 2026, when CHF was at its strongest against EUR in the period.
- 3-year low: 97.2 on May 24, 2024.
- Now: 105.5, 1.5% below the high and 8.5% above the low.
- Sharpest one-month move: CHF rose 4.9% against EUR between July 16, 2024 and August 5, 2024.
What moved CHF and EUR
- · 🇪🇺 ECB unexpectedly hikes to 2.25% — ECB reverses course with a surprise hike, defying market expectations of a hold
- · 🇨🇭 US-Switzerland cut tariff to 15% — A new framework deal cuts the US tariff on Swiss goods from 39% to 15%
- · 🇨🇭 US imposes 39% tariff on Switzerland — A 39% US tariff takes effect on Swiss goods, the highest rate on any developed economy
- · 🇪🇺 EU-US agree 15% tariff deal — Von der Leyen and Trump strike a deal capping most EU exports at a 15% tariff
- · 🇨🇭 SNB cuts policy rate to zero — Swiss National Bank cuts to 0.00%, its sixth straight reduction, amid very low inflation
- · 🇪🇺 ECB cuts to 2.00%, pauses easing — ECB's eighth cut since June 2024 brings the deposit rate to 2.00%
Major central-bank decisions, elections and shocks for the two currencies since November 6, 2023. The interactive chart marks them on the line.
Performance against 15 major currencies
| Currency | 12-month change vs basket | Rank |
|---|---|---|
| 🇨🇭 Swiss Franc (CHF) | -0.4% | #8 of 16 |
| 🇪🇺 Euro (EUR) | -2.3% | #11 of 16 |
Open the interactive CHF/EUR chart →
How this comparison works
Each currency's strength index starts at 100 and accumulates its daily change against 15 other major currencies (a geometric mean of pairwise exchange-rate moves), using European Central Bank reference rates and other official sources. The relative figures above divide CHF's index by EUR's, so they reflect the two currencies' performance against each other while accounting for the whole basket. The real variant additionally adjusts each currency for its domestic CPI inflation.
Read the full methodology →Frequently asked questions
Is CHF stronger than EUR right now?
It depends on the question. Per unit, 1 CHF = 1.0937 EUR (reference rate, November 6, 2026), so the Swiss Franc is worth more. As for which one is gaining, over the past 12 months CHF strengthened by 1.9% against EUR, so on momentum the Swiss Franc (CHF) is the stronger of the two.
How do CHF and EUR perform against other major currencies?
Against a basket of 15 major currencies over the past 12 months, CHF ranks #8 of 16 (-0.4%) while EUR ranks #11 (-2.3%).
What does the CHF vs EUR strength comparison show?
Rather than a single exchange rate, this page compares how each currency performed against a basket of 15 major currencies, then derives their relative strength. It filters out moves caused by the other currency alone and shows who is truly stronger.
How often is the data updated?
Every trading day (Monday to Friday), after the European Central Bank publishes its reference rates, usually around 16:00 CET.