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Both calculators run independently — change the inputs on either side to compare results.

Currency Hedging Cost Calculator

Estimates the all-in cost of hedging a foreign currency exposure with a forward contract, combining the forward-spot differential, the broker bid-ask spread, and a time-prorated holding cost. Useful for a business with foreign receivables or payables comparing whether to hedge, leave open, or use options instead.

Exposure Amount ($)

Current Spot Rate

Forward Rate

Hedging Period

Broker Spread (%)

Currency Advanced

Currency Option Pricing Calculator

Price a call option on a currency pair using the Garman-Kohlhagen model. Essential for FX traders and treasurers valuing European-style currency options with foreign interest rate adjustments.

Current Spot Rate

Strike Price

Time to Expiration (days)

Domestic Risk-Free Rate (%)

Foreign Risk-Free Rate (%)

Implied Volatility (%)

Key differences

	Currency Hedging Cost Calculator	Currency Option Pricing Calculator
Category	Currency Advanced	Currency Advanced
Inputs required	5	6
Result	Total Hedging Cost ($)	Option Premium ($)
What it does	Estimates the all-in cost of hedging a foreign currency exposure with a forward contract, combining the forward-spot differential, the broker bid-ask spread, and a time-prorated holding cost. Useful for a business with foreign receivables or payables comparing whether to hedge, leave open, or use options instead.	Price a call option on a currency pair using the Garman-Kohlhagen model. Essential for FX traders and treasurers valuing European-style currency options with foreign interest rate adjustments.