INR/CHF: what to know
The INR/CHF rate shows how much CHF you get for 1 INR. Right now, 1 INR buys 0.008418 CHF at the mid-market rate. In the other direction, 1 CHF is worth 118.7906 INR.
In the short term INR is driven mainly by oil prices and capital flows, while CHF responds to safe-haven demand and SNB policy.
The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010. The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value.
Over the past 12 months the INR/CHF rate has ranged between 0.008148 and 0.009332 — a change of -8.98% 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.