USD to CHF in 2025: the year in numbers
Updated September 26, 2026
The US dollar averaged 0.83104 Swiss francs in 2025, based on 255 cross rates from ECB data. The year was one of steady franc strength. The dollar started at 0.90795 and finished at 0.79268, a fall of 12.7%. The yearly average was 5.6% below the 2024 average of 0.88033.
The key dates
- High: 0.91703 on January 14
- Low: 0.78711 on September 17
- Strongest month for the dollar: January, average 0.90926
- Weakest month for the dollar: September, average 0.79694
Monthly averages of USD/CHF in 2025
| Month | Average | Monthly range (low to high) |
|---|---|---|
| January | 0.90926 | 0.89772 to 0.91703 |
| February | 0.90408 | 0.89416 to 0.91425 |
| March | 0.88352 | 0.87709 to 0.90091 |
| April | 0.83594 | 0.81196 to 0.88337 |
| May | 0.82962 | 0.82207 to 0.8436 |
| June | 0.8146 | 0.79753 to 0.82309 |
| July | 0.7986 | 0.7895 to 0.81225 |
| August | 0.80702 | 0.80104 to 0.81656 |
| September | 0.79694 | 0.78711 to 0.80562 |
| October | 0.79872 | 0.79248 to 0.80602 |
| November | 0.80361 | 0.78855 to 0.80987 |
| December | 0.79701 | 0.78765 to 0.80648 |
Where the move happened
Most of the decline was concentrated in the spring. The monthly average fell from 0.88352 in March to 0.83594 in April, the largest monthly step of the year. April's range was also the widest, from 0.81196 to 0.88337. May (0.82962) and June (0.8146) continued lower.
From July the rate settled into a narrow band. The monthly averages for July to December all stayed between 0.79694 and 0.80702. The low of the year came in September, and December closed at 0.79268, close to that level.
What a 12.7% move means for people and firms
Swiss exporters selling in dollars earned considerably fewer francs for the same dollar sales at the end of the year than at the start. A contract priced in dollars in January delivered much less in francs by December.
Swiss residents buying in dollars, from software subscriptions to holidays in the United States, paid fewer francs as the year went on.
US companies with costs in Switzerland, such as offices, staff or suppliers, saw those costs rise in dollar terms throughout the year.
At the yearly average, the dollar was worth 0.83104 francs, but that number was only briefly close to the market rate: the first half averaged far above it and the second half below it.
Reading the second half
The stable band from July to December is important for planning. After a large move, a currency pair often trades in a narrower range for a while. The monthly averages of the second half give a better picture of the level at the end of 2025 than the yearly average does.
For annual accounts
For a profit and loss statement in francs, many policies allow the yearly average of 0.83104 for dollar income and expenses. Balances at December 31 are usually translated at the closing rate of 0.79268. With a trend this strong, the difference between the two rates creates visible translation effects, so the method should be stated clearly and applied consistently.
Why the franc attracts attention
The Swiss franc is widely seen as a safe-haven currency, and demand for it tends to rise in uncertain periods. 2025 showed how quickly that can change the dollar price of Swiss goods and services: the spring months alone moved the monthly average from 0.88352 to 0.8146. For anyone with regular payments between the two currencies, it is worth checking the rate before each large transfer rather than relying on a figure from a few months earlier. The daily pages give the exact fixing for any date, and the table above shows how each month compares.
What to do
- Open USD/CHF in 2025: monthly table for the full year.
- Compare USD/CHF in January 2025 with USD/CHF in December 2025.
- For budgets, use the second-half monthly averages as the current level, and test what a further move would do to your margins.
- Check the USD to CHF exchange rate today before converting.
Questions and answers
What was the average USD to CHF rate in 2025?
The dollar averaged 0.83104 Swiss francs in 2025, based on 255 ECB cross rates.
How much did the dollar fall against the franc in 2025?
From 0.90795 at the first fixing to 0.79268 at the last, a fall of 12.7%.
What was the lowest USD/CHF rate in 2025?
The low was 0.78711 on September 17, 2025.