CHF/INR: what to know
The CHF/INR rate shows how much INR you get for 1 CHF. Right now, 1 CHF buys 119.0193 INR at the mid-market rate. In the other direction, 1 INR is worth 0.008402 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while INR responds to oil prices and capital flows.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010.
Over the past 12 months the CHF/INR rate has ranged between 107.1569 and 122.7341 — a change of +9.87% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.