DON’T MISS
IamExpat Job BoardIamExpat HousingIamExpat Webinars
Newsletters
EXPAT INFO
CAREER
HOUSING
EDUCATION
LIFESTYLE
EXPAT SERVICES
NEWS & ARTICLES
Home
Expat Info
Swiss news & articles
Safe haven currency: Experts forecast 1,10 euros to the Swiss franc
Never miss a thing!Sign up for our weekly newsletters with important news stories, expat events and special offers.
Keep me updated with exclusive offers from partner companies
By signing up, you agree that we may process your information in accordance with our privacy policy

Safe haven currency: Experts forecast 1,10 euros to the Swiss franc

Never miss a thing!Sign up for our weekly newsletters with important news stories, expat events and special offers.
Keep me updated with exclusive offers from partner companies
By signing up, you agree that we may process your information in accordance with our privacy policy
or
follow us for regular updates:



Related Stories

Super-rich threaten to leave Switzerland over inheritance tax proposalSuper-rich threaten to leave Switzerland over inheritance tax proposal
Billion-franc blunder: Explaining the pension "fiasco" in SwitzerlandBillion-franc blunder: Explaining the pension "fiasco" in Switzerland
Switzerland plans new radical austerity measures: What you need to knowSwitzerland plans new radical austerity measures: What you need to know
How will Switzerland's new austerity cuts impact you?How will Switzerland's new austerity cuts impact you?
Banks could leave Switzerland if CS crisis reforms are passed, SBA head warnsBanks could leave Switzerland if CS crisis reforms are passed, SBA head warns
Trump aid cuts threaten up to 30.000 jobs in GenevaTrump aid cuts threaten up to 30.000 jobs in Geneva
SNB reports billion-franc profit: What the news means for SwitzerlandSNB reports billion-franc profit: What the news means for Switzerland
New OECD report gives Swiss economy a glowing review for 2024New OECD report gives Swiss economy a glowing review for 2024
For expats of all colours, shapes and sizes

Explore
Expat infoCareerHousingEducationLifestyleExpat servicesNews & articles
About us
IamExpat MediaAdvertisePost a jobContact usSitemap
More IamExpat
IamExpat Job BoardIamExpat HousingWebinarsNewsletters
Privacy
Terms of usePrivacy policyCookiesAvoiding scams

Never miss a thing!Sign up for expat events, news & offers, delivered once a week.
Keep me updated with exclusive offers from partner companies
By signing up, you agree that we may process your information in accordance with our privacy policy


© 2025 IamExpat Media B.V.
© 2025 IamExpat Media B.V.
Aug 23, 2022
Jan de Boer

Editor at IamExpat Media

Jan studied History at the University of York and Broadcast Journalism at the University of Sheffield. Though born in York, Jan has lived most of his life in Zurich and has worked as a journalist, writer and editor since 2016. While he has plunged head-first back into life in Switzerland since returning to the country in 2020, he still enjoys a taste of home at pub quizzes and karaoke nights.Read more

As investors claim the Swiss franc is “worth its weight in gold” as a hedge against rising inflation, new forecasts have indicated that the currency is expected to increase in value dramatically. After the Swiss franc achieved parity with the euro at the end of June 2022, experts now believe that the exchange rate will fall as low as 0,90 rappen (cents) per euro.

Swiss franc to increase in value as euro falters

According to the financial platform Cash, the value of the euro has continued to fall on exchange rate markets around the world. After equalling the value of the franc at the end of June 2022, last Friday saw the euro’s value drop to 0,96 rappen, with economists and Swiss banks predicting that it could go much lower.

Citing the latest report by American bank Goldman Sachs, Cash found that a euro valuation of 85 to 90 rappen could soon be a reality if the eurozone enters a recession - JP Morgan has predicted that the eurozone will go into recession by the end of March 2023. Thomas Gitzel, Chief Economist of the VP Bank of Liechtenstein, told Cash in July that a “90 rappen drop is not just theoretical, we are really heading towards this value in the medium term.”

Europe struggling with inflation and the threat of recession

The powerhouse countries of the eurozone are currently struggling with what Blick calls “economic headwinds,” with Commerzbank analyst Ester Reichelt explaining that, "The continued threat of gas shortages and high energy prices are weighing on growth prospects." As Russia reduces gas supplies to Germany, and with nations like the Netherlands seeing record levels of inflation, a hike in interest rates followed by a recession seems to be on the horizon for Europe.

However, while this may be good news for drivers taking advantage of cheaper fuel, or Swiss workers whose salaries will go further when shopping in German cities, it will mean higher export prices and costs for entrepreneurs and international companies in Switzerland. Blick noted that if the Swiss National Bank does not intervene to make the franc cheaper and more competitive, it is because they believe that the value of the franc is "correct" and the fight against Swiss inflation is more of a priority.

By Jan de Boer