Exchange Rate Forecasts

Author, Mike Smith

A GBP to CHF forecast is an indicator or expectation of what the exchange rate will be at a later date.

Below, you’ll find data for the current pound-to-swiss franc exchange rate and other useful insights before making your money transfer decision. 

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From

GBP  ‐ British Pound

AED ‐ UAE Dirham

AUD ‐ Australian Dollar

CAD ‐ Canadian Dollar

CZK ‐ Czech Koruna

DKK ‐ Danish Krone

EUR ‐ Euro

GBP ‐ British Pound

HKD ‐ Hong Kong Dollar

HUF ‐ Hungarian Forint

NOK ‐ Norwegian Krone

NZD ‐ New Zealand Dollar

PLN ‐ Polish Zloty

SEK ‐ Swedish Krona

USD ‐ US Dollar

ZAR ‐ South African Rand

To

CHF  ‐ Swiss Franc

AED ‐ UAE Dirham

AUD ‐ Australian Dollar

CAD ‐ Canadian Dollar

CHF ‐ Swiss Franc

CZK ‐ Czech Koruna

DKK ‐ Danish Krone

EUR ‐ Euro

HKD ‐ Hong Kong Dollar

HUF ‐ Hungarian Forint

NOK ‐ Norwegian Krone

NZD ‐ New Zealand Dollar

PLN ‐ Polish Zloty

SEK ‐ Swedish Krona

USD ‐ US Dollar

ZAR ‐ South African Rand

1 Pound = 1.12 Swiss Francs

Pound to Swiss Franc Rate = 1.12230

This data uses the mid-market rate. For an exchange rate on your money transfer, please get a quote.

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Last updated Dec 22, 2024, 02:59 UTC

Current Pound to Swiss Franc Trend & Outlook

So far in 2024, the Pound has seen a strong upward trajectory against the Swiss Franc. Since the start of the year, GBP has seen a 5-6% increase. This has led to the Pound being at its highest vs Swiss Franc since August 2023. 

It’s also worth noting that the current rate is well above it’s 5-year and 10-year averages.

Is the Pound going to get stronger against the Swiss Franc in 2024?

According to economic forecasts, the GBP to CHF rate is projected to grow stronger in 2024. There is a good reason for this. The two countries have a large difference in interest rates.

The UK has a base rate of over 5% compared to just 1.25% in Switzerland. Foreign investors will therefore much prefer to channel moeny into Pounds than Swiss Francs. 

Can you trust GBP/CHF forecasts? (long-term vs short-term explained)

You will find many different tools and websites online trying to predict and forecast the future trend for GBP/CHF. 

Of course, currencies fluctuate every second of the day, so forecasts, especially long-term predictions (1 year+) should always be taken with a pinch of salt and not as fact. 

No one could have predicted the impact of Covid, or for it to even happen, years before it did. 

World-changing events like COVID-19 can impact currency pairs, throwing any long-term forecast out of the window. 

Short-term forecasts are much easier to understand and trust. 

When we say short-term, we mean over the coming days, or weeks, where economic or political events are less likely and fluctuations tend to be much steadier.

When exchanging foreign currency at the right time, for any regular person, it can be quite time-consuming and difficult to manage.

That’s why, at Key Currency, our expert traders are your best ally, to find you the best GBP/CHF rate, at the right time, saving you money. 

Compare Our Great Euro to Pound Rates

Is it a good time to buy Swiss Francs with Pounds?

Currently, the GBP to CHF exchange rate is much higher than its 10-year average, with this in mind, it’s a good time to buy Swiss Francs.

What is a good GBP/CHF exchange rate?

It’s worth explaining this further…

A good Pound to Swiss Franc rate will depend on which currency you want to exchange for the other.

If you want to buy Swiss Francs, you would prefer the rate to be higher. 

If you were buying GBP, you’d want the rate lower, more in favour of the Swiss Franc.

The historical rates of the GBP/CHF can aid and help set a benchmark.

Let’s take a look at the GBP/CHF exchange rate over the last ten years: 

Using the above data is a simple way to determine whether or not the current GBP/CHF is good or bad time to exchange your money.

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Article sources: 

1. https://poundf.co.uk/gbp-to-chf-today-pound-franc-forecast
2. https://uk.investing.com/currencies/gbp-chf-historical-data

Author, Mike Smith

Find out what’s happening with the GBP to CAD exchange rate as well as the market outlook and forecasts for 2025. 

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Will the Pound get stronger against the Canadian Dollar?

The Pound has gained over 5% against the Canadian Dollar in 2024. That’s a large move for a major currency pair like GBP/CAD. In December 2024, the GBP-CAD rate is sitting just near 6 1/2-year highs. 

Since the Pound hit a decade-low against the Canadian Dollar in 2022, the GBP/CAD rate has staged a remarkable turnaround and is now close to the highest levels it’s been since Brexit in 2016.

Here’s a bit of context as to what’s been happening with GBP to CAD.

The GBP/CAD rate got sold off heavily in 2022 hitting a decade low in September 2022. Since then, the GBP/CAD rate has gained over 20% in value.

The main reason for the surge is the interest rate gap.

In the UK, the base interest rate is 4.75% compared to only 3.25% in Canada.

While a 1.5% gap might not sound like much, bear in mind the Bank of England typically moves rates in tiny 0.25% increments.

So doing the math, it would take 6 rate cuts for the UK to converge with Canada – that’s a tremendous difference.

Higher interest rates attract foreign investment, which then strengthens a currency. 

Whereas lower interest rates generally weaken a currency. 

So the UK’s far superior interest rate has lifted the GBP/CAD exchange rate.

But what about 2025?

Futures markets indicate the Bank of Canada will make 2 cuts in 2025 compared to 2-3 cuts by the Bank of England. 

Put simply, the UK might close the gap a little, but not much.

Timing of the rate cuts is also a factor and needs to be considered in GBP/CAD forecasts.

The Bank of Canada is expected to make their 2 cuts in the first half of 2025, whereas the Bank of England is forecast to take a more gradual approach over the year.

Pound to Canadian Dollar Forecast 2025

We forecast the GBP/CAD rate will be $1.88 by June 2025 and then fall in the second half of the year to $1.76 by December 2025.

This is based on the expected interest rate path for both the UK and Canada, which we see as the primary driver of GBP/CAD exchange rate predictions. Other factors such as fiscal policy, geopolitical forces, commodity prices and risk sentiment will also play a role.

As part of our service, we can help you navigate the world of foreign exchange.

You can speak to one of our currency experts who can discuss your plans, current exchange rates, or the latest market trends.

Just request a quote below.

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What is a good GBP to CAD rate?

Anyone looking to exchange Pounds into Canadian Dollars, or vice versa, is left with the problem of when to exchange their money – now or in the future?

If you are a buyer of Canadian Dollars, you want a high GBP-CAD rate.

If you are a buyer of Pounds, you want a low GBP-CAD rate.

The easiest way to tell if the GBP to CAD rate is good or bad is to compare it to historical exchange rates.

In my view, I wouldn’t go back much further than 10 years.

Once you start looking at even long-dated charts, you’re digging into data that is likely to be no longer relevant. Every decade has its specific events.

Over the last 10 years, the average GBP/CAD rate isn’t much different at $1.74 (source: Bank of England).

If the GBP to CAD rate is above its long-term average of $1.74, you can consider it a good rate for buyers of Canadian Dollars.

Conversely, if the GBP to CAD rate is below $1.74, it can be considered a bad rate.

It’s a simple yardstick to use.

The further the exchange rate is away from its average, the more extreme the move.

The GBP/CAD exchange rate can stray a long way from the average.

Over the past 10 years, the highest GBP/CAD rate was $2.0847 on 11 December 2015 – just before Brexit.

The lowest GBP/CAD rate in the past 10 years was $1.4707 on 28 September 2022 – the Pound fell considerably following the Liz Truss mini-budget fiasco.

There’s about a 30% swing from the high to the low!

Even over a regular week, you see swings of 2-4% quite frequently.

Bear in mind even small moves make a big financial difference to someone exchanging money.

That’s why keeping a close eye on the GBP to CAD rate is important.

GBP to CAD weekly forecasts

Forecasting exchange rates over a weekly period is a lot less complicated than longer timeframes.

Over a week, there is a smaller number of factors that can influence the GBP to CAD exchange rate.

Most of the important economic news is scheduled in advance. It allows people to see if anything critical is on the horizon.

One easy way anyone can keep tabs on upcoming news is to look at an economic calendar. I quite like the calendar by DailyFX because it’s got a simple, clear layout.

As currency brokers, we follow the economic calendar closely as it gives us a heads-up on potential risks.

In addition to economic news, you can also look at the GBP to CAD exchange rate for near-term price patterns.

Using price patterns to predict exchange rates is called technical analysis.

While there are many forms of technical analysis, I find the GBP/CAD technical analysis overview provided by investing.com useful.

Note – the page defaults to hourly analysis, but you can change the period to weekly or monthly to get a different perspective.

If you would rather speak to someone about your requirements, why not request a quote below?

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Need some guidance on exchange rates?

Getting a good GBP to CAD exchange rate can make a big financial difference to you.

As I mentioned, you only have to take a quick look at a GBP to CAD chart to see plenty of big swings up and down.

It’s worth being proactive about.

At Key Currency, we believe in helping our clients make the most of their money.

Unlike an impersonal bank or faceless online app, we will help you through the whole money transfer process.

As part of our service, we will assist you with your payment set-up, guide you on current rates and market trends, and keep you informed from start to finish.

We can discuss with you and agree on the right time to exchange your money by understanding your requirements and taking advantage of favourable rate movements.

Our service has a 5-star rating on Trustpilot based on over 2,000 customer reviews.

Key Currency is also regulated by the FCA as an Authorised Payment Institution (No. 753989). Therefore, all money transfers are conducted through safeguarded client accounts.

Get a free quote below if you want to find out more about us or get our latest GBP to CAD rate.

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Author, Mike Smith

A GBP to NZD forecast is an expectation of whether the exchange rate will be higher or lower at a future date.

GBP to NZD forecasts can be used when deciding if you should exchange your money now or later.

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Will the New Zealand Dollar go up or down in 2024?

The GBP to NZD rate has surged in July 2024 hitting 8-year highs. As a result, the rate is now back to pre-Brexit levels.

We see the surge as more a case of Pound strength than NZ Dollar weakness. That’s because the Pound has also gained considerably against other currencies such as the Australian and Canadian Dollars.

The recent rally in GBP-NZD is counter-intuitive to fundamentals.

The New Zealand economy is growing at a slightly faster rate than the UK. What’s more, New Zealand has a higher base rate than the UK – one of the only Western economies to do so. And the New Zealand inflation rate is around double that of the UK’s. 

You would expect all these factors to support a stronger New Zealand Dollar and therefore a weaker GBP to NZD exchange rate.

We believe interest rates have peaked in both countries.

It’s now a case of which central bank begins to cut first. Probably the UK.

The Bank of England is expected to cut in summer or autumn of this year.

Whereas, the Reserve Bank of New Zealand is not expected to cut until late 2024 or early 2025.

Again, this would normally be supportive of a lower GBP/NZD rate.

A final and important factor that drives the Pound to New Zealand Dollar rate is global risk sentiment.

The New Zealand Dollar is particularly sensitive to global risk. Investors dump it in troubled times.

Global risk is a broad concept and can entail all sorts of things like economic or financial crises, war, geopolitical squabbles and even natural disasters. 

If investors are nervous, it tends to impact the NZ Dollar more than the Pound.

However, at present the global risk sentiment is fairly moderate, as evidenced by the fact that stock markets are near all-time highs and the S&P VIX (a measure of volatility) is low.

On balance, we see the NZ Dollar as fundamentally undervalued. The rise in the GBP-NZD rate in 2024 looks unsustainable based on fundamental factors.

It’s hard to be exact when it comes to predicting exchange rates.

Forecasting a currency is really about the likely direction rather than coming up with a precise number.

By the way, if you find a precise forecast exchange rate online, you are reading BS. You may as well Google next week’s lottery numbers while you’re at it.

When it comes to the future, all you can do is make an informed judgement based on what is known or can be reasonably anticipated.

That’s how we navigate currency markets – with a common-sense approach.

For further information, our guide on transferring money to New Zealand explains the process.

Alternatively, if you would like to discuss the GBP to NZD outlook, or find our latest rates, please request a quote below.

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What is a good Pound to New Zealand Dollar rate?

The GBP to NZD exchange rate lets you know how many New Zealand Dollars can be bought for 1 British Pound.

For someone looking to exchange British Pounds (GBP) into New Zealand Dollars (NZD), they want the highest rate possible.

Whereas someone selling their New Zealand Dollars and buying British Pounds wants a low GBP to NZD exchange rate.

The easiest way to tell if the current GBP to NZD rate is good or bad is to look at historical exchange rates.

Even over the last 5 years, the average GBP/NZD rate isn’t much different at $1.97 (source: Bank of England).

Using average historical rates is a simple way to gauge how good or bad today’s rate is.

When the GBP to NZD rate is above its long-term average of $1.97 it can be considered a good rate to exchange Pounds into New Zealand Dollars.

At present, the GBP to NZD rate is well above the long-term average, making it an opportune time to buy New Zealand Dollars.

The further the rate is away from the average, the more extreme it is.

Over the past 10 years, the highest rate was on 10 September 2015 when the GBP/NZD rate reached $2.4596.

The lowest rate in the past 10 years was on 8 November 2016 when the rate fell to $1.6846.

Most of the big moves happen as a result of significant events – for example, Brexit or Covid-19.

Of course, these types of significant events are almost impossible to predict.

If you are looking to exchange money, you are usually better off focusing on current trends and recent highs/lows as a guide to timing.

GBP to NZD weekly forecast – a short-term approach

Exchange rates over a weekly period will have a much narrower set of drivers than over longer time frames.

Over the space of a week, only a handful of things can influence the GBP to NZD exchange rate.

Most of the important news that will impact exchange rates every week is scheduled in advance, so investors aren’t caught by surprise.

You can view the scheduled economic events over the coming week by looking at the DailyFX economic calendar.

There are other free economic calendars you may find online, but I like this one because it has a nice, clear layout and gives a low, medium, or high level of importance to each event.

As currency brokers, we follow the weekly economic calendar closely as it gives you a heads-up on potential risks that lie ahead.

If you are concerned about the GBP/NZD rate moving against you, it can make sense to exchange your money before a high-impact event.

Another way of looking at the GBP to NZD exchange rate over a weekly horizon is to assess the current trend and any near-term price patterns.

Technical analysis is the fancy name for using price patterns to predict future exchange rate movements.

You can get a decent overview of GBP to NZ Dollar technical analysis here.

The period defaults to an Hourly outlook, but you can change it to Weekly or whatever time frame you are interested in.

Technical analysis is by no means an exact science, but it can give you another perspective on the GBP to NZD exchange rate.

If you would rather speak to someone about your requirements, you can always talk to a currency broker and discuss your options.

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GBP to NZD forecast 12 months or more (practical approach)

When you look at exchange rates over longer periods it calls for a different approach.

Short-term news simply becomes noise.

The passage of time allows bigger themes to play out but also means the number of variables impacting an exchange rate becomes huge.

My view is that there are so many drivers of the GBP to NZD rate over the long term that you are best to use historical rates as a guide to timing.

Let’s keep it simple here.

If you look at a 1-year, 5-year and 10-year chart for the GBP to NZD rate, you can get a good feel for how the rate has traded historically (peaks, troughs and trends).

Need some guidance on Pound to New Zealand Dollar exchange rates?

Getting a favourable GBP to NZD exchange rate can make a big financial difference to you.

When you look at a chart of the GBP/NZD exchange rate, you can see there are a lot of big swings – both up and down.

I’ve found the GBP to NZD rate to be one of the more volatile currency pairs, so timing is important!

Proactive timing can mean the difference between a good and bad rate.

At Key Currency, we are fundamentally different from other money transfer companies.

We are not an impersonal bank or a faceless online app. You can find out about our expert team on our website.

Our money transfer service is designed to help make transferring money internationally easy and cost-effective.

We can discuss exchange rates and market trends with you and agree on the right time to exchange your money, by understanding your requirements and taking advantage of any favourable movements.

Our service has a 5-star rating on Trustpilot, based on over 2,000 customer reviews.

Key Currency is also regulated by the FCA as an Authorised Payment Institution (No. 753989). All money transfers are conducted through safeguarded client accounts.

If you would like to find out more about our service or our latest GBP to NZD rates, get a free quote below.

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