Money Exchange (CHF to USD) in Switzerland, Canada or in the USA? [duplicate]

I want to buy US dollar with swiss francs. I have the opportunity to make this change in Switzerland (Geneva), in the USA (Seattle) or in Canada (Vancouver). Where will I likely get the best change?

Here is a related question that does not contain a third country (Canada) in the list of choice.

Best Answer

In any case, do it in Genève. And do it at a bank, not at a currency exchange booth in town or at the airport.

The banks will charge a commission (CHF 3 to 5 or so) if you are not a client of theirs and you do the change at a counter. The other possibility is the money exchange at the train station (which also will charge a commision). You may also get a decent rate (but verify) at the Post Offices which have currency exchange.

A measure whether you get a good exchange rate is the difference between the Buy and Sell rates. For CHF <--> USD, for cash, it is about 0.07 CHF per CHF/USD (I checked this data with the Migrosbank, which has a branch near the Cornavin station). I would say, any place where this span is greater than 0.1 CHF per CHF/USD is a rip-off. Note: this is as of today, and for USD. Traditionally, Migrosbank and the Post Office/PostBank (which is also nearby the Cornavin station) have the best exchange rates, and it seems that the Post Office/PostBank also has the lowest commission.

The banks have boards either in the windows or inside where they do show the rates. If you have enough time, do a little shopping around.

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Money Exchange (CHF to USD) in Switzerland, Canada or in the USA? [duplicate] - From above of United States currency folded in roll placed on USA flag illustrating concept of business profit and wealth

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How many Swiss francs equal a US dollar?

Convert US Dollar to Swiss FrancUSDCHF1 USD0.964635 CHF5 USD4.82317 CHF10 USD9.64635 CHF25 USD24.1159 CHF7 more rows

Is it better to exchange money in Switzerland?

As a rule, if you want to buy currencies other than British pounds, US dollars and euros, you will often get a better rate outside of Switzerland. Swiss banks typically use a less-favorable "banknote rate" for cash exchanges and a more-favorable "forex rate" for ATM withdrawals outside of Switzerland.

What is the conversion rate for the Swiss franc?

Swiss Franc to Dollar Exchange Rate Today, Live 1 CHF to USD = 1.0382 (Convert Swiss Francs to Dollars)

Is Switzerland currency higher than dollar?

Swiss franc The Swiss franc or CHF is the national currency of both Switzerland and Liechtenstein. 1 US dollar will buy your around 0.98 Swiss Franc, so the Swiss franc comes in as the first currency to be higher value than the US dollar.

COMPARING usa currency to swiss francs

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