Find the best USD/CHW exchange rate for Feb 24, 2018 |

US Dollar to WIR Euro Exchange Rate

US Dollar

The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.

WIR Euro

The WIR euro is a supplementary or accounting currency used by Switzerland. It is a private currency that does not have banknotes or coins. All transactions are online or through debit cards, and credit is secured by assets. In a little over 80 years WIR has gone from just 16 members to 62,000.

What is the WIR Euro?

The WIR euro is used by members of the WIR Bank and designed to facilitate transactions between banks. This maintains the stability of the Swiss banking economy and lets member businesses easily trade with each other. Businesses benefit from using CHW because loans come with either little or no interest.

The WIR euro is not in circulation, so you can’t exchange your money for this currency. The CHF to CHW exchange rate is fixed at 1:1, and there is no official way to convert CHW into CHF. Although you can’t convert CHW to CHF, dual-currency transactions are very common.

How does the WIR Bank work?

The WIR Bank issues credit, an alternative currency, to participating bank members that can then be traded or spent among themselves. CHW is backed by tangible assets of value.

CHW is generally used by smaller businesses and proves to be an effective model of the barter system. The free flow of currency between businesses and members directly influences and helps regulate the Swiss economy. It also encourages spending between members which in turn results in higher profits for participating businesses.

Want to send money to Switzerland?

Want to compare options for sending other currencies overseas?

Use our interactive table to compare transfer fees, exchange rates and other details for international money transfers.

I want to send


Enter your details to speak to a foreign exchange expert

By submitting this form, you agree to privacy policy
Ofx Logo

Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting
Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Services Amount Received Description CTA Details
USD 1,000 1 day USD 0.00 0.81 Online, Phone, Bank Account to Bank Account EUR 4,052 Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for 100+ currencies.
Go to site Show details
USD 1 3 - 5 days USD 50.00 0.813 Online EUR
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
USD 1,000 1 day USD 0.00 0.81 Online, Phone, Bank Account to Bank Account EUR 4,050 Exclusive exchange rate discounts
No-maximum limit transfers with competitive exchange rates for 100+ currencies.
Go to site Show details
USD 100 3 - 5 days USD 5.00 0.81 Online, Phone EUR 4,044 Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000. Go to site Show details
USD 1 Within an hour - - Online, Bank Account to Bank Account, Cash Transfer Use promo code FREE to send your first transfer at no fee to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details

Compare up to 4 providers

Frequently asked questions

Exchange rates from USD to other currencies

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.
Go to site