Result: fr.1 in 2008 → fr.1.07 in 2024
Value of fr.1 from 2008 to 2024
Updated: April 10, 2025fr.1 in 2008 is equivalent in purchasing power to about fr.1.07 today, an increase of fr.0.07 over 16 years. The franc had an average inflation rate of 0.40% per year between 2008 and today, producing a cumulative price increase of 6.66%.
This means that today's prices are 1.07 times as high as average prices since 2008, according to the OECD and the World Bank consumer price index for Switzerland. A franc today only buys 93.458% of what it could buy back then.
The inflation rate in 2008 was 2.43%. 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 | 6.66% |
| Average inflation rate | 0.40% |
| Converted amount fr.1 base | fr.1.07 |
| Price difference fr.1 base | fr.0.07 |
| CPI in 2008 | 101.654 |
| CPI in 2024 | 108.428 |
| Inflation in 2008 | 2.43% |
| Inflation in 2024 | 1.88% |
| fr.1 in 2008 | fr.1.07 in 2024 |
Buying power of fr.1 in 2008
This chart shows a calculation of buying power equivalence for fr.1 in 2008 (price index tracking began in 1955).
For example, if you started with fr.1, you would need to end with fr.1.07 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When fr.1 is equivalent to fr.1.07 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 2008 dollars, the chart below shows how fr.1 is worth less over 16 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 2008 amounts in today's francs, based on the 6.66% change in prices:
| Initial value | Equivalent value |
|---|---|
| fr.1 franc in 2008 | fr.1.07 francs today |
| fr.5 francs in 2008 | fr.5.33 francs today |
| fr.10 francs in 2008 | fr.10.67 francs today |
| fr.50 francs in 2008 | fr.53.33 francs today |
| fr.100 francs in 2008 | fr.106.66 francs today |
| fr.500 francs in 2008 | fr.533.32 francs today |
| fr.1,000 francs in 2008 | fr.1,066.63 francs today |
| fr.5,000 francs in 2008 | fr.5,333.16 francs today |
| fr.10,000 francs in 2008 | fr.10,666.32 francs today |
| fr.50,000 francs in 2008 | fr.53,331.62 francs today |
| fr.100,000 francs in 2008 | fr.106,663.23 francs today |
| fr.500,000 francs in 2008 | fr.533,316.15 francs today |
| fr.1,000,000 francs in 2008 | fr.1,066,632.30 francs today |
How to calculate inflation rate for fr.1 since 2008
Our calculations use the following inflation rate formula to calculate the change in value between 2008 and today:
CPI today CPI in 2008
×
2008 CHF value
=
Today's value
Then plug in historical CPI values. The Swiss CPI was 101.6544 in the year 2008 and 108.42786654182534 in 2024:
108.42786654182534101.6544
×
fr.1
=
fr.1.07
fr.1 in 2008 has the same "purchasing power" or "buying power" as fr.1.07 in 2024.
To get the total inflation rate for the 16 years between 2008 and 2024, we use the following formula:
CPI in 2024 - CPI in 2008CPI in 2008
×
100
=
Cumulative inflation rate (16 years)
Plugging in the values to this equation, we get:
108.42786654182534 - 101.6544101.6544
×
100
=
7%
Data source & citation
You may use the following MLA citation for this page: “fr.1 in 2008 → 2024 | Switzerland Inflation Calculator.” Official Inflation Data, Alioth Finance, 17 May. 2025, https://www.officialdata.org/switzerland/inflation/2008?amount=1.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 6.66% |
| Average inflation rate | 0.40% |
| Converted amount fr.1 base | fr.1.07 |
| Price difference fr.1 base | fr.0.07 |
| CPI in 2008 | 101.654 |
| CPI in 2024 | 108.428 |
| Inflation in 2008 | 2.43% |
| Inflation in 2024 | 1.88% |
| fr.1 in 2008 | fr.1.07 in 2024 |
