Swiss Franc (CHF) to Pakistani Rupee (PKR): Where to Check the Rate

• CHF

Swiss franc and the official rate

The card above shows official State Bank of Pakistan (SBP) data in rupees: SBP's exchange rates for mark-to-market revaluation (the "ready" rate, rupees per unit) for CHF and other major currencies, with the SBP date and a link to the SBP page. SBP issues these rates every working day for authorised dealers to revalue their books. The US dollar rate is a weighted average of closing interbank rates collected through brokerage houses, and the franc rate comes from the same SBP file. The card also shows SBP's weighted average customer exchange rate for the US dollar, bid and offer. On weekends and public holidays SBP publishes no new rate, so the card keeps the last working day's date. It refreshes by itself when SBP publishes.

A reference rate is a fixed figure that a central bank publishes once per business day. It is used for statistics, accounting and contracts. It is not a price at which a bank or exchange office will buy or sell francs to you.

CHF converter and rupee amounts

The converter below the rates card works on European Central Bank (ECB) euro reference rates, as cross rates between the currencies the ECB covers, including CHF. It does not include PKR. For rupee amounts, use the rates card above:

• Rates card converter: enter the amount, choose CHF to convert from and PKR to convert to; it uses SBP rates.
• ECB converter: use it to compare the franc with the euro, the US dollar and other ECB currencies.

The rates card lists rupees per unit of each currency, as SBP publishes them. The amount you get at a counter or through a bank transfer will usually be different. For other currencies, see the full list on Exchange rates.

Trend line

The rates card shows a 30-day trend line for the US dollar, euro, pound, Saudi riyal, UAE dirham and Chinese yuan against PKR. CHF is not one of these pairs, but its current SBP rate is in the card's table. Days without a published rate, such as weekends, have no point of their own. Use the line to see the direction and size of past moves. It does not tell you where a rate will go next.

Why bank and exchange-office rates differ

Banks, exchange companies and money transfer services set their own buy and sell prices. These prices differ from the official rate for several reasons:

• Spread: the difference between the buy price and the sell price. This is the dealer's margin.
• Fees and commissions: a fixed or percentage charge may be added on top of the rate.
• Timing: dealers update prices during the day, while the reference rate is fixed once a day.
• Cash or transfer: cash notes often carry a wider spread than bank transfers.
• Indirect pricing: the franc is not widely traded against the rupee directly. Many dealers price CHF/PKR through the US dollar or the euro, which can add cost.

Before you exchange money, ask for the final amount you will receive after all charges. Compare that figure, not only the quoted rate. For the official USD/PKR rates that sit behind many cross rates, see SBP exchange rates and US dollar (USD).

What moves the Swiss franc

Swiss National Bank policy

The Swiss National Bank (SNB) sets Swiss interest rates. Low or negative rates tend to make the franc less attractive to hold, and higher rates tend to support it. The SNB has also bought and sold foreign currency to limit the franc's strength. In the past it held a minimum rate against the euro and then removed it without warning, which caused a very sharp move in the franc.

Safe-haven demand

Investors often buy francs during financial stress or geopolitical tension. Switzerland has stable public finances and a large current account surplus, so the franc can rise when markets fall, even if Swiss data is weak.

Trade and capital flows

Switzerland exports pharmaceuticals, machinery, watches and precision goods, and it is a major centre for gold trading and wealth management. Export earnings and large investment flows in and out of Swiss banks affect demand for the franc. Because the euro area is Switzerland's main trading partner, CHF often moves closely with EUR.

The rupee side

The CHF/PKR rate also depends on the rupee. Pakistan's interest rates, inflation, import bill and foreign reserves all matter. The latest State Bank of Pakistan decision: SBP policy rate raised by 50 bps to 12% with effect from 27.10.2026 (MPC). For more background, see SBP rates and economy.

Links between Switzerland and Pakistan

Pakistan buys machinery, pharmaceuticals and chemicals from Switzerland and sells textiles and other goods there. Some Pakistani students study at Swiss universities, and there are tourist and business visits in both directions. Remittances from Pakistanis living in Switzerland are smaller than those from the Gulf or the UK, but they still need CHF to PKR conversion. Students and families paying Swiss fees should keep in mind that a stronger franc makes those costs higher in rupees.

CHF in forex trading

In the forex market the franc trades mainly as USD/CHF, EUR/CHF and GBP/CHF, not against the rupee. Sudden SNB decisions have caused large price gaps in the past. Leveraged CFD and forex trading can lose money fast, more than many beginners expect. Read about currency pairs and risk management before you look at these markets.

Frequent questions

Where can I find the official CHF to PKR rate?

The card at the top of the page shows the official rate from State Bank of Pakistan (SBP) in rupees per franc, with the SBP date and a link to the SBP page. These are reference figures, not a dealer's buy or sell price.

Why does the rate not change on weekends?

Official rates are only published on business days. On weekends and holidays the page shows the rate from the last published date.

Can I exchange francs at the converter's rate?

Usually not. Banks and exchange offices add a spread and sometimes fees, so check the final amount with them first.

Why is the franc called a safe haven?

Investors tend to buy it in times of market stress because of Switzerland's stable finances and large external surplus.

Where can I see other currencies against the rupee?

All currency pages are listed on Exchange rates. For trading tools, see Calculators.