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    Currency Surcharge Switzerland – Monthly Floating

    As of October 2024

    Since the Swiss National Bank SNB lifted the minimum exchange rate of CHF 1.20 per euro in January 2015, the euro (EUR) to Swiss Franc (CHF) exchange rate has been subject to considerable fluctuations. This represents an increasingly incalculable cost factor for the services provided by DB Schenker in Switzerland. These currency costs, which are beyond our control, must be compensated in the form of a variable currency surcharge.

    In April 2015, Schenker Deutschland AG therefore introduced for the first time a variable methodology for determining a separate currency surcharge for general cargo shipments to and from Switzerland.

    The monthly floating currency surcharge Switzerland* on the door-to-door rates in system freight transport can be seen in the following table:

     

    Exchange rate CHF from
    Exchange rate CHF to
    to EUR
    Currency surcharge

    1.20

    1.25

    1.00

    0.00%

    1.15

    1.19

    1.00

    1.50%

    1.10

    1.14

    1.00

    3.50%

    1.05

    1.09

    1.00

    5.50%

    1.00

    1.04

    1.00

    7.50%

    0.95

    0.99

    1.00

    9.50%

    0.90

    0.94

    1.00

    11.50%

     


    Historical development of the currency surcharge at Schenker Deutschland AG:

    Review period
    Level Exchange rate EUR-CHF
    Currency surcharge Switzerland
    Valid from
    September/October2024
    0.94
    11.50%
    01.11.2024
    August/September 2024
    0.94
    11.50%
    01.10.2024
    July/August 2024
    0.95
    9.50%
    01.09.2024
    June/July 2024
    0.96
    9.50%
    01.08.2024
    May/June 2024
    0.98
    9.50%
    01.07.2024
    April/May 2024
    0.98
    9.50%
    01.06.2024
    March/April 2024
    0.98
    9.50%
    01.05.2024
    February/March 2024
    0.95
    9.50%
    01.04.2024
    January/February 2024
    0.94
    11.50%
    01.03.2024
    December 2023/January 2024
    0.94
    11.50%
    01.02.2024
    November/December 2023
    0.96
    9.50%
    01.01.2024
    October/November 2023
    0.96
    9.50%
    01.12.2023
    September/October 2023
    0.96
    9.50%
    01.11.2023
    August/September 2023
    0.96
    9.50%
    01.10.2023
    July/August 2023
    0.96
    9.50%
    01.09.2023
    June/July 2023
    0.98
    9.50%
    01.08.2023
    May/June 2023
    0.97
    9.50%
    01.07.2023
    April/May 2023
    0.98
    9.50%
    01.06.2023
    March/April 2023
    0.99
    7.50%
    01.05.2023
    February/March 2023
    0.99
    9.50%
    01.04.2023
    January/February 2023
    1.00
    7.50%
    01.03.2023
    December/January 2023
    0.99
    9.50%
    01.02.2023
    November/December 2022
    0.98
    9.50%
    01.01.2023
    October/November 2022
    0.99
    9.50%
    01.12.2022
    September/October 2022
    0.97
    9.50%
    01.11.2022
    August/September 2022
    0.97
    9.50%
    01.10.2022
    July/August 2022
    0.98
    9.50%
    01.09.2022
    June/July 2022
    1.00
    7.50%
    01.08.2022
    May/June 2022
    1.04
    7.50%
    01.07.2022
    April/May 2022
    1.03
    7.50%
    01.06.2022
    March/April 2022
    1.02
    7.50%
    01.05.2022
    February/March 2022
    1.03
    7.50%
    01.04.2022
    January/February 2022
    1.04
    7.50%
    01.03.2022
    December 2021/January 2022
    1.04
    7.50%
    01.02.2022
    November/December 2021
    1.04
    7.50%
    01.01.2022
    October/November 2021
    1.06
    5.50%
    01.12.2021
    September/October 2021
    1.08
    5.50%
    01.11.2021
    August/September 2021
    1.08
    5.50%
    01.10.2021
    July/August 2021
    1.08
    5.50%
    01.09.2021
    June/July 2021
    1.09
    5.50%
    01.08.2021
    May/June 2021
    1.09
    5.50%
    01.07.2021
    April/May 2021
    1.10
    3.50%
    01.06.2021
    March/April 2021
    1.10
    3.50%
    01.05.2021
    February/March 2021
    1.10
    3.50%
    01.04.2021
    January/February 2021
    1.08
    5.50%
    01.03.2021
    December 2020/January 2021
    1.08
    5.50%
    01.02.2021
    November/December 2020
    1.08
    5.50%
    01.01.2021
    October/November 2020
    1.07
    5.50%
    01.12.2020
    September/October 2020
    1.08
    5.50%
    01.11.2020
    August/September 2020
    1.08
    5.50%
    01.10.2020
    July/August 2020
    1.08
    5.50%
    01.09.2020
    June/July 2020
    1.07
    5.50%
    01.08.2020
    May/June 2020
    1.07
    5.50%
    01.07.2020
    April/May 2020
    1.05
    5.50%
    01.06.2020
    March/April 2020
    1.06
    5.50%
    01.05.2020
    February/March 2020
    1.06
    5.50%
    01.04.2020
    January/February 2020
    1.07
    5.50%
    01.03.2020
    December 2019/January 2020   
    1.09
    5.50%
    01.02.2020
    November/December 2019
    1.10
    3.50%
    01.01.2020
    October/November 2019
    1.10
    3.50%
    01.12.2019
    September/October 2019
    1.09
    5.50%
    01.11.2019
    August/September 2019
    1.09
    5.50%
    01.10.2019
    July/August 2019 
    1.10
    3.50%
    01.09.2019
    June/July 2019
    1.11
    3.50%
    01.08.2019
    May/June 2019
    1.12
    3.50%
    01.07.2019
    April/May 2019
    1.14
    3.50%
    01.06.2019
    March/April 2019
    1.13
    3.50%
    01.05.2019
    February/March 2019
    1.14
    3.50%
    01.04.2019
    January/February 2019
    1.14
    3.50%
    01.03.2019
    December 2018/January 2019
    1.13
    3.50%
    01.02.2019
    November/December 2018
    1.13
    3.50%
    01.01.2019
    October/November 2018
    1.14
    3.50%
    01.12.2018
    September/October 2018
    1.14
    3.50%
    01.11.2018
    August/September 2018
    1.13
    3.50%
    01.10.2018
    July/August 2018
    1.15
    1.50%
    01.09.2018
    June/July 2018
    1.16
    1.50%
    01.08.2018
    May/June 2018
    1.16
    1.50%
    01.07.2018
    April/May 2018
    1.19
    1.50%
    01.06.2018
    March/April 2018
    1.18
    1.50%
    01.05.2018
    February/March 2018
    1.16
    1.50%
    01.04.2018
    January/February 2018
    1.16
    1.50%
    01.03.2018
    December 2017/January 2018
    1.17
    1.50%
    01.02.2018
    November/December 2017
    1.17
    1.50%
    01.01.2018
    October/November 2017
    1.16
    1.50%
    01.12.2017
    September/October 2017
    1.15
    1.50%
    01.11.2017
    August/September 2017
    1.14                 
    3.50%          
    01.10.2017
    July/August 2017
    1.13
    3.50%
    01.09.2017
    June/July 2017
    1.09
    5.50%
    01.08.2017
    May/June 2017
    1.09
    5.50%
    01.07.2017
    April/May 2017
    1.08
    5.50%
    01.06.2017
    March/April 2017
    1.07
    5.50%
    01.05.2017
    February/March 2017
    1.07
    5.50%
    01.04.2017
    January/February 2017
    1.07
    5.50%
    01.03.2017
    December 2016/January 2017
    1.07
    5.50%
    01.02.2017
    November/December 2016
    1.08
    5.50%
    01.01.2017
    October/November 2016
    1.08
    5.50%
    01.12.2016
    September/October 2016
    1.09
    5.50%
    01.11.2016
    August/September 2016
    1.09
    5.50%
    01.10.2016
    July/August 2016
    1.09
    5.50%
    01.09.2016
    June/July 2016
    1.08
    5.50%
    01.08.2016
    May/June 2016
    1.10
    3.50%
    01.07.2016
    April/May 2016
    1.10
    3.50%
    01.06.2016
    March/April 2016
    1.09
    5.50%
    01.05.2016
    February/March 2016
    1.09
    5.50%
    01.04.2016
    January/February 2016
    1.10
    3.50%
    01.03.2016
    December 2015/January 2016
    1.08
    5.50%
    01.02.2016
    November/December 2015
    1.08
    5.50%
    01.01.2016
    October/November 2015
    1.08
    5.50%
    01.12.2015
    September/October 2015
    1.09
    5.50%
    01.11.2015
    August/September 2015
    1.09
    5.50%
    01.10.2015
    July/August 2015
    1.06
    5.50%
    01.09.2015
    June/July 2015
    1.05
    5.50%
    01.08.2015
    May/June 2015
    1.04
    7.50%
    01.07.2015
    April/May 2015
    1.04
    7.50%
    01.06.2015
    March/April 2015
    1.05
    5.50%
    01.05.2015
    February/March 2015
    1.07
    5.50%
    01.04.2015
    January 2015
    1.00
    7.50%
    09.02.2015

    Mathematical derivation:

    The surcharge results from the proportionate increase in value-added costs that have to be provided in Switzerland and therefore remunerated in Swiss francs.

    Schenker Deutschland AG calculates the currency surcharge on the basis of the average Euro/Swiss Franc exchange rate for a defined period. This is based on the effective date of the current currency surcharge - from the 16th day of the month before last to the 15th day of the preceding month.**

    An example: The currency surcharge in April 2015 is based on the mean value of the exchange rate from February 16 to March 15, 2015.

    What does that exactly mean?

    If the exchange rate between the Euro and the Swiss Franc increases, you as a DB Schenker customer will automatically benefit. In return, the currency surcharge increases if the exchange rate drops significantly. The currency surcharge is adjusted monthly to the real situation.

    * The currency floating model shown here also applies to shipments to and from Liechtenstein, which also has the Swiss Franc as its official currency.

    ** The official EUR-CHF exchange rate of the European Central Bank (ECB) serves as the source. The link to the ECB can be found here.

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