Result: fr.1 in 2010 → fr.1.06 in 2024
Value of fr.1 from 2010 to 2024
Updated: November 13, 2024fr.1 in 2010 is equivalent in purchasing power to about fr.1.06 today, an increase of fr.0.06 over 14 years. The franc had an average inflation rate of 0.45% per year between 2010 and today, producing a cumulative price increase of 6.45%.
This means that today's prices are 1.06 times as high as average prices since 2010, according to the OECD and the World Bank consumer price index for Switzerland. A franc today only buys 94.340% of what it could buy back then.
The inflation rate in 2010 was 0.69%. The current inflation rate compared to the end of last year is now 1.88%. If this number holds, fr.1 today will be equivalent in buying power to fr.1.02 next year.
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| Cumulative price change | 6.45% |
| Average inflation rate | 0.45% |
| Converted amount fr.1 base | fr.1.06 |
| Price difference fr.1 base | fr.0.06 |
| CPI in 2010 | 101.862 |
| CPI in 2024 | 108.428 |
| Inflation in 2010 | 0.69% |
| Inflation in 2024 | 1.88% |
| fr.1 in 2010 | fr.1.06 in 2024 |
Buying power of fr.1 in 2010
This chart shows a calculation of buying power equivalence for fr.1 in 2010 (price index tracking began in 1955).
For example, if you started with fr.1, you would need to end with fr.1.06 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When fr.1 is equivalent to fr.1.06 over time, that means that the "real value" of a single Swiss franc decreases over time. In other words, a franc will pay for fewer items at the store.
This effect explains how inflation erodes the value of a franc over time. By calculating the value in 2010 dollars, the chart below shows how fr.1 is worth less over 14 years.
According to the OECD and the World Bank, each of these CHF amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 2010 amounts in today's francs, based on the 6.45% change in prices:
| Initial value | Equivalent value |
|---|---|
| fr.1 franc in 2010 | fr.1.06 francs today |
| fr.5 francs in 2010 | fr.5.32 francs today |
| fr.10 francs in 2010 | fr.10.64 francs today |
| fr.50 francs in 2010 | fr.53.22 francs today |
| fr.100 francs in 2010 | fr.106.45 francs today |
| fr.500 francs in 2010 | fr.532.23 francs today |
| fr.1,000 francs in 2010 | fr.1,064.46 francs today |
| fr.5,000 francs in 2010 | fr.5,322.28 francs today |
| fr.10,000 francs in 2010 | fr.10,644.55 francs today |
| fr.50,000 francs in 2010 | fr.53,222.77 francs today |
| fr.100,000 francs in 2010 | fr.106,445.53 francs today |
| fr.500,000 francs in 2010 | fr.532,227.66 francs today |
| fr.1,000,000 francs in 2010 | fr.1,064,455.31 francs today |
How to calculate inflation rate for fr.1 since 2010
Our calculations use the following inflation rate formula to calculate the change in value between 2010 and today:
CPI today CPI in 2010
×
2010 CHF value
=
Today's value
Then plug in historical CPI values. The Swiss CPI was 101.8623 in the year 2010 and 108.42786654182534 in 2024:
108.42786654182534101.8623
×
fr.1
=
fr.1.06
fr.1 in 2010 has the same "purchasing power" or "buying power" as fr.1.06 in 2024.
To get the total inflation rate for the 14 years between 2010 and 2024, we use the following formula:
CPI in 2024 - CPI in 2010CPI in 2010
×
100
=
Cumulative inflation rate (14 years)
Plugging in the values to this equation, we get:
108.42786654182534 - 101.8623101.8623
×
100
=
6%
Data source & citation
You may use the following MLA citation for this page: “fr.1 in 2010 → 2024 | Switzerland Inflation Calculator.” Official Inflation Data, Alioth Finance, 19 Nov. 2024, https://www.officialdata.org/switzerland/inflation/2010?amount=1.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
| Cumulative price change | 6.45% |
| Average inflation rate | 0.45% |
| Converted amount fr.1 base | fr.1.06 |
| Price difference fr.1 base | fr.0.06 |
| CPI in 2010 | 101.862 |
| CPI in 2024 | 108.428 |
| Inflation in 2010 | 0.69% |
| Inflation in 2024 | 1.88% |
| fr.1 in 2010 | fr.1.06 in 2024 |