As of March 2023, 1 Swiss franc (CHF) is worth approximately 88 Indian rupees (INR). The exchange rate between CHF and INR is subject to fluctuation due to various economic and political factors.
The exchange rate between the Swiss franc and the Indian rupee is determined by the forces of supply and demand in the global foreign exchange market. Economic indicators such as interest rates, inflation rates, and political stability can affect the demand for a currency, which in turn can impact its exchange rate.
The Swiss franc is considered a safe haven currency due to Switzerland’s political and economic stability, conservative monetary policy, and the strong reputation of the Swiss financial sector. These factors contribute to the relative strength of the Swiss franc against other currencies, including the Indian rupee.
In recent years, the exchange rate between the Swiss franc and the Indian rupee has fluctuated between approximately 70 to 95 INR per CHF.
The actual exchange rate may vary depending on the specific exchange service used and any applicable fees or commissions.
Overall, the exchange rate between the Swiss franc and the Indian rupee is subject to fluctuation based on a variety of economic and political factors. As of March 2023, 1 CHF is worth approximately 88 INR.