Hello everyone
As you know since the conflict in the Ukraine the CHF/EUR exchange rate changed to 1:1 for 1-2 days and is now at 0.99 EUR for 1 CHF. The last time we had such a ratio was 2015.
My question is: is it the right time to convert CHF into EUR?
My biggest concern is the infaltion rate in EURO area which was 7.5% in march compared to Switzerland with 2.4%.
I’m planning to invest a bunch of Euros within the next 1-2 years into a house. So no one has a crystal ball to see what happens in future but I would be interested about some opinions whether it’s wise to change the money now than later.
Thanks in advance!