Europe Forums

Post New Topic

Recent Activity

  • How do you plan your trips?
  • Please help us learn by participating in a brief survey.
View all Europe activity »
  1. 1 Sundays in Puglia
  2. 2 Venice > Garda > Verona > Bologna thoughts
  3. 3 Itinerary help Portugal and Azores
  4. 4 Reputable Apartment Company in Granada
  5. 5 Driving from Munich to Barcelona
  6. 6 Rome neighborhoods equivalent to arrondissements 6 and 7 in Paris?
  7. 7 Best place to park in Bath and Windsor
  8. 8 K-Day
  9. 9 ATM at airport
  10. 10 Como Bus to Bellagio
  11. 11 Advice on Sicily & Aeolian Islands
  12. 12 Flat in London
  13. 13 Lay over time
  14. 14 Short stay London with Aussie kids or not?
  15. 15 question on Barcelona itinerary
  16. 16 Climbing Ben Nevis in June
  17. 17 Greek Islands (small)
  18. 18 Train in Switzerland from Basel to Zermatt to Zurich
  19. 19 Fes to Southern Spain (Jerez, Malaga)
  20. 20 lurento sports car rental - anyone?
  21. 21 Spain in December
  22. 22 Italy Honeymoon in September
  23. 23 Advice for 5 Weeks in the Nordic Countries
  24. 24 Places to cover in Switzerland in 8-9 days & then 5-6 days in Austria
  25. 25 Day trips: which ones are must-do?
View next 25 » Back to the top

Swiss franc rate changes overnight

Jump to last reply

This morning we were discussing our next vacation, maybe to Switzerland, and when I took a quick look at the exchange rate I was in for a big shock. Last time I looked the rate was $1.09 USD = 1 CHF, but this morning it’s $1.17 USD - 1 CHF.

I Googled it, and apparently the Swiss National Bank “dismantled its ceiling on the value of the Swiss franc”. This is one of the articles I read:
http://qz.com/328159/swiss-pioneers-what-unpegging-the-franc-from-the-euro-means-for-the-us-dollar/

Great. The article says, "Exchange rate movements have yet to settle down, but seem to be headed for something closer to a 15%-25% increase in the value of the Swiss franc.”

I am clueless as to what this means. Anyone? Thanks.

5 Replies |Back to top

Sign in to comment.

Advertisement