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Swiss francs

I’m taking the Best of Europe tour, which spends two nights in “the magnificent Lauterbrunnen Valley.” Since I’m planning to order small amounts of euros and pounds from my bank, I figured I might as well order some Swiss francs too (we’re only going to be there for a day and a half, so I don’t really want to hassle with finding an ATM). I was thinking of ordering maybe 25 francs, but I don’t know: is that too much, too little? I figure I’ll need money for a maximum of four meals, plus probably a couple of snacks or drinks, maybe a gondola ride up the mountain, not to mention a small souvenir. And chocolate.

I have no concept of what the Lauterbrunnen Valley is like, apart from “alpine.” Is it a small town-type place where credit cards aren’t generally accepted, or is it touristy enough that credit cards are practically de rigueur? Is it a pricey area (e.g., if you were buying a Big Mac, would it cost about the same as it does in the U.S. ($3.50ish), or would it be the equivalent of, say, $8.50)? Will 5 francs get me a bar of chocolate and a bottle of water, with change leftover; or will 5 francs get me just the bar of chocolate, and I’d better come up with another couple of francs if I want a bottle of water as well? Thanks for any insight!

Posted by
922 posts

Thanks for the responses. If credit cards are widely accepted, then I'll use my Visa for meals, and just get a bit of cash for the extras -- maybe 30-40 francs. If I have currency left over, well that's just an excuse to go back someday!

Posted by
19274 posts

Or, if you come back with some, watch for someone else from Seattle asking about an upcoming trip and PM them to see if they want some Francs in advance.

Hey. Does anyone from Seattle have any Swiss Francs to sell to Theresa?

Posted by
32353 posts

Teresa,

It's not likely that you'll find a McDonald's in the Lauterbrunnen Valley, but I agree with the others that using an ATM would be the best option.

Have you received any information from the tour yet regarding exactly which town you'll be based in? Although I haven't taken that particular tour (yet), I suspect it will either be Lauterbrunnen or Murren. As i recall, there is at least one ATM in Murren near the Co-Op Supermarket.

It's an incredibly beautiful area. Enjoy your stay!

Posted by
7209 posts

...and 30-40 francs, you don't have to worry about having any leftover :-)

Posted by
23626 posts

My first recommendation is that you obtain the local currencies from local ATMs rather than purchase in advance. First, it will substantially cheaper. Purchasing small amounts from your bank probably will cost an extra 10% if not more. Second, you will be able to judge your currency needs better once you are there. As a rough guideline line I find most things in Europe are about the same price in Euro as the US in dollars which means about a 30% increase. That $5 big mac could easily be $6.50. Using a debit card at an ATM is a much wiser way to go.

Posted by
9110 posts

Switzerland probably has more ATMs per square mile than any place in the world:) You won't have any problems locating one. You can also change money at any of the train stations. The entire region is very touristy, so plastic is widely accepted. The Swiss Franc and US dollar are more or less at parity (1 SF=1 USD), but the cost of living in Switzerland is much higher than the USA. Food is especially expensive in Switzerland; a Big Mac will indeed be about $8.50. I'm generally not a big fan of ordering money in advance, for Switzerland ATMs are best.

Posted by
19274 posts

The Interbank rate for Swiss Francs today (Oanda) is $0.93785. Wells Fargo (you have a main branch in Seattle, right) is selling them for $0.9779, 4.27% over the Interbank rate. I don't know if 25 CHF is enough, but for that small amount, I'd get them here.

Posted by
430 posts

Agreed with the other responses.

If you like the security of having a little local currency in you pocket (as I do), go for 40 Swiss Francs or so at the most -- you'll likely have to side-step an ATM as your first act in Switzerland.

Depends on where you are, and how big a bar of chocolate you're talking about... but I normally double snack cost expectations in Switzerland (it's not quite that bad, but if I plan that way I'm pleasantly surprised). Expect 10 S.Francs for cholocate bar and a water, then hang onto the coins with a smile on your face.

In Francs... your estimate of 25 for a day and a half is pretty low... four meals (50 Francs), two snacks (20 Francs), gondola ride (depends... what mountian? how far up? Could be 90+ francs), Souvenir (15 francs), plus chocolate (15 francs)... it is more likely that you'll spend 100 francs plus the gondola in a day and a half. (...or maybe I just eat a LOT more than you do.... )

Posted by
922 posts

Ken: I hope to God I DON'T find a McDonalds in the Lauterbrunnen Valley! :-)

ETBD has sent info re the first and last hotels on the tour, but nothing yet re all the other hotels. I can't wait to find out though!

Posted by
72 posts

On my GAS tour last year, we made a stop when we got into Switzerland so folks could get SF's out of an ATM. I took no SF's with me.

Trust your debit card. No need to worry about getting euros or swiss francs ahead of time.

Posted by
12040 posts

For the record, AMTs are easy to find in Lauterbrunnen and all the mountain towns, except Gimmelwald.

As for prices... Switzerland is one of the most expensive countries on earth, and the area around Interlaken is one of the most expensive in Switzerland (I believe only Davos and Zurich have a higher cost of living). In the off-season, when prices are a little cheaper, I remember paying close to $80 for two beers and a large pot of fondue. 5F won't get you much at all.

Posted by
3551 posts

I spent 1.5 weeks in Switzerland last summer. I spent $100 per day 2 persons sharing lodging. It can be done if you eat at places RS recommends and do not splurge on alcoholic drinks. Have fun it is beautiful!!!!

Posted by
263 posts

Like all the other posters, I agree ATMs are a better way to get francs. They are convenient and easy to use.
I have been going there for several years and want to stress the prices are high. But what I noticed last year was the prices in francs were higher than in previous years.... for example a bakery I go to had croissants for .70 two years ago, last year they were 1.20. Added to the woes of the dollars and it was pretty pricey. The folks I visited in Switzerland were even complaining about the rising prices, especially in food items.
And like any place, you can find big expensive chocolate bars and boxes, and smaller, less expensive chocolate bars and boxes. With limited time, you may not have the chance to find "bargains." I suggest you get a variety of chocolate from a variety of makers... which adds up pretty quickly. But when you get back to Seattle, one bite of a Swiss bar will rekindle those memories.
Enjoy your trip!

Posted by
124 posts

Actually there is a McDonald's in Interlaken which is part of Lauterbrunnen. Not to mention a Hooters restaurant which was shown by a puzzled Samantha Brown on her show a few yrs ago.

I kidded my friend that my goal was to visit a McD in every place we went but she wasn't too found of that idea so I settled for a few photos.

(Oh, we didn't visit the Hooters restaurant either.)

Posted by
9110 posts

The strangest part about the Interlaken Hooters is that it's on the property of the five-star Victoria Hotel. That's not a combination you see everyday:)