Switzerland Currency Guide: Currency of Switzerland in INR (2024)

Unlike most Schengen countries, Switzerland has its own currency, the Swiss Franc (CHF). While the Swiss Franc is accepted everywhere, you can also use the Euro in most of the places.

If you are on aSwitzerland trip, it would be ideal for you to use francs only. However, if you passing through the country and will be staying for a night, you also have the option of using the Euro. On the other hand, you have to remember that most shops or stores will return the change in franc only, as it is the national currency of Switzerland and the exchange rate will vary. Ideally, it is a good idea to check with a store or hotel if they would accept Euros.

You can also use your credit, debit or a forex card as well, as they are widely accepted everywhere in the country. What you need to remember is that there will be additional bank charges upon usage.

Remember that foreign exchange rates keep fluctuating and it is always best to buy the currency when it is at a lower rate. Also, buy your currency through a proper channel or an agency like SOTC who will provide you with the transaction details for the same.

So get in touch with SOTC today!

The currency of Switzerland is the Swiss Franc, abbreviated as CHF. People like to invest in this land for its stable economy. Most people invest to convert their country’s currency to CHF. 1 Swiss Franc is equivalent to 74.21 INR at present while the same value is 1.04 USD. European countries still accept the Swiss Franc in their transactions. Hence, it is one of the most highly accepted currencies in the world. Travelling from India can be expensive as the difference in the value of the currency is higher. One must have enough money when travelling to Switzerland.

Apart from the official currency of this country, Euro is also accepted in some places. Switzerland money is influenced not just by heavy investors but also by fluctuation of the price of gold. The Swiss National Bank is the body that decides the rate of currency. Owing to its constant growth in economy and excellent gross domestic product GDP per capita, Switzerland is one of the richest countries. Investment seekers are highly motivated to invest in Swiss currency because of its attribute of being a safe haven.

Popular Switzerland Tour Packages

Switzerland Tour PackagesNo. of DaysPrice*
Amazing Europe with 3N Mediterranean cruise10 Nights 11 DaysRs. 2 16 341
European Dreams7 Nights 8 DaysRs.1 91 323
Best of Switzerland7 Nights 8 DaysRs.2 13 173
Summer Amazing Europe7 Nights 8 DaysRs.2 16 341
European Gems9 Nights 10 DaysRs.2 40 566

Switzerland COVID-19 Guidelines and Protocols

The COVID-19 pandemic has made a huge impact on the sector of travel and tourism. Many countries have enforced a set of guidelines for international travelers. Some even made vaccination mandatory to visit the countries. But thankfully, Switzerland has lifted all travel restrictions for international tourists from May 2, 2022. As per Switzerland Travel Guidelines, any traveler, irrespective of EU or non-EU countries, can enter Switzerland without showing a valid vaccination certificate, recovery, or test certificate. Travelers only need to abide by other entry rules such as holding a valid visa and passport. Apart from waning entry restrictions, wearing a mask is also not mandatory to attend various public events and meetings. However, it is always recommended that travelers on their Swiss tours keep a safe distance, wash their hands frequently and use a mask when in public.

Quick Facts About Switzerland

Place

Switzerland

Population

8,785,100 (Source: Worldometers)

Things To Do

Go for Wine Tasting, Prepare Cheese Le Gruyère, Taste Mouthwatering Swiss Chocolates, Ride the Glacier Express, Visit Museums, Enjoy Sky dining, Enjoy a Walk along the Lakeside Promenade in Zurich, etc

Places To Visit

Zurich, Rhine Falls, Bern, Lugano, The Matterhorn, Kunstmuseum Basel, Old City, Zoo Basel, Freddie Mercury Statue, etc.

Official Language

German, French, and Italian

Famous Foods

Swiss Chocolate, Swiss Cheese, Rosti, Fondue, Tarts and Quiches, Papet Vaudois, Malakoff De Vinzel, etc

Currency

CHF (Swiss franc)

Time Zone

GMT+2; UTC +1

Country

Central Europe

History of Switzerland currency

Swiss currency also has its rich history. Until 1798 when the Helvetic Republic introduced a brand-new system of monetization, there were 75 bodies responsible for the minting of coins. As a result, more than 860 currencies were in use for transaction. This made the transaction process too chaotic. It was in the year 1848 that the Federal Government of Switzerland became the issuer of the Switzerland money. Two years later on the 7th of May 1850, the current currency of the country - the Swiss Franc - was introduced. From the year 1865 to 1927, the same rate of exchange has been in use.

Switzerland also became a part of the Latin Monetary Union in the year 1865. The Union had France, Belgium, and Italy as a part of it. In the year 1945, the Swiss Franc also became a part of the BrentWood Systems where the currency was pegged at a rate of 1 USD = 4.375 Francs. For a period of three years from 2003 to 2006, the value of the country’s currency was stable. The value became higher than that of the USD in the year 2008. Switzerland money is now divided into two parts; bills and denominations. Bills are available in 10, 20, 50, 100, 200 and 1000 denominations. Francs and coins are 5, 10, 20 rappen 0.5, 1, 2, 5 Francs.

Best places to exchange currency in Switzerland

Two thing that comes to one’s mind while travelling to a foreign country is visa and where to exchange the currency. You just can’t exchange your money at a random place and make sure you apply for a Switzerland Visa well in time. Visiting the Exchange Bureau is the option that many suggest. However, withdrawing cash from any ATM in Switzerland will make your life easier. The exchange rate offered is decent and will not dent your pocket. One round rule to follow is to withdraw in large amounts so that you don’t withdraw several times. The fee may pinch you.

Digital Transactions in Switzerland

The world has gone digital in terms of money and so has Switzerland. Of course, the locals still love transacting in Switzerland money in cash form, than any other means. While internet banking is used for paying money, card payment is on the rise. Apart from cash, online money transfer and card payment, digital wallets are a new inclusion. It is present everywhere. Digital wallets are making transactions quite simple and, in a few clicks, your payment is done. If you are looking to shop in Switzerland, try any of these methods.

Tipping in Switzerland

Do you love visiting a café or a shopping mall again and again, because you love the hospitality there? Well, you aren’t the only one. And who can deny the impression a good service has on us. In Switzerland, most of the bills already have service charges included. At times, we want to go out of the way and bring a smile on someone’s face. If you think the service was good or excellent, you should not mind rounding off the bill or paying 1 CFH and it can go up to 5 CFH depending on the bill and the place you are.

Switzerland Currency Guide: Currency of Switzerland in INR (2024)

FAQs

How much is 1 rupee of Switzerland in India? ›

1 CHF = 91.131748 INR Apr 24, 2024 09:00 UTC

Check the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently.

How much money required to visit Switzerland from India? ›

Switzerland Packages
Switzerland PackagesDay/NightPrice
Swiss Paris Delight Group Departure 2024 Package7 Days/6 Nights₹1,94,318
Swiss Paris Delight Group Departure Fully Loaded 2024 Package7 Days/6 Nights₹2,40,576
Swiss Paris Delights All Women Group Tour Package7 Days/6 Nights₹2,27,724
6 more rows

How much money do I need for 7 days in Switzerland? ›

So, this is an idea of how you can plan your 7 days in Switzerland to explore the country systematically and capture the worthy attractions. You can expect a spending of $70 to $100 per day in Switzerland, which includes budget accommodations, eating at restaurants, and use of public transportation.

What is the currency of Switzerland? ›

Introduced in 1850, the Swiss franc (CHF) is the official currency of Switzerland, Liechtenstein and the Italian exclave of Campione d'Italia, and is the only franc remaining in Europe.

How much is 20 Switzerland in Indian rupees? ›

Download Our Currency Converter App
Conversion rates Swiss Franc / Indian Rupee
20 CHF1.827,64800 INR
50 CHF4.569,12000 INR
100 CHF9.138,24000 INR
250 CHF22.845,60000 INR
8 more rows

How much is 10 Switzerland in rupees? ›

913,90600 INR

Is Switzerland expensive for Indian? ›

Yes, Switzerland is relatively expensive for Indian students. The cost of living in Switzerland can be higher than in India, and students should plan their finances accordingly.

Is Switzerland visa free for Indians? ›

Do Indians nationals need a Schengen Visa to travel to Switzerland? Yes. Although Switzerland is not in the European Union (EU), it is in the Schengen Area of countries that have abolished border controls between each others' borders - meaning you will need a visa to Switzerland if you apply from India.

How much does a 7 day trip to Switzerland cost from India? ›

The average cost of a Switzerland trip is INR 119960 for a solo traveller. Whereas, a family package may range between INR 87,499 to INR 2,28,304. For a couple, a trip to Switzerland may cost around INR 1,76,980.

What is the cheapest city in Switzerland to visit? ›

The cheapest city to visit in Switzerland is not really known, as there are so many variants as to what can make it cheap to visit, but generally, the areas around the Jura, Neuchâtel and Thurgau are deemed some of the cheapest.

How much does a meal cost in Switzerland? ›

Restaurants in Switzerland

A three-course meal for two will set you back about CHF 100, or up to around CHF 25 per person in a cheap restaurant or for takeaway pizza. The good news is that tips are included in the bill.

How much is food in Switzerland per day? ›

Food costs can vary greatly depending on the type of restaurant you choose. Budget restaurants can cost around $15 per person, while mid-range restaurants can cost around $50 per person. For budget travelers, you can expect to spend around $70 to $100 per day in Switzerland.

How much is $1 US in Switzerland? ›

0.91 CHF

How much is $1 US dollar to a Swiss franc? ›

0.91 CHF

Can you use USD in Switzerland? ›

You can convert your dollars into Swiss Francs at airports, railway stations, banks and Post Offices. Some shops accept Euros but rarely dollars.

Is Switzerland is cheaper than India? ›

Is Switzerland more costly than India? A. Yes, the price of living in Switzerland is way more than in India. The average monthly rent for a 1 bedroom apartment at the city centre in Switzerland is around 1.7 L which is 10 times more than in many cities in India.

Is Switzerland costlier than India? ›

Switzerland is 65% times cheaper than India, for me. Let that sink in. SalaryB and SalaryA to be measured in a common Currency.

How much is 100 Switzerland to dollar? ›

Swiss Francs to US Dollars conversion rates
CHFUSD
100 CHF109.49 USD
500 CHF547.46 USD
1,000 CHF1,094.92 USD
5,000 CHF5,474.64 USD
7 more rows

What is the salary of Switzerland in Indian rupees? ›

The average salary in Switzerland for foreigners is CHF 79,000 (INR 74.13 Lakhs) per year. This amount is much higher than the average salary in India which is INR 8.75 Lakhs annually.

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