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

Optimal Currency Hedge Ratio Calculator

Calculates the optimal notional amount of futures contracts needed to hedge a given currency exposure, balancing correlation and variance between spot and futures prices. Ideal for treasurers and portfolio managers reducing FX risk.

Currency Exposure ($)

Spot Rate Variance

Futures Price Variance

Correlation Coefficient

Target Hedge Effectiveness

Fill in the required fields to see your result.

Currency Advanced

Currency Forward Rate Calculator

Calculates the fair forward exchange rate between two currencies using interest rate parity. Use it when pricing FX forward contracts or hedging future currency exposure.

Current Spot Rate

Domestic Interest Rate (%)

Foreign Interest Rate (%)

Time to Maturity (days)

Interest Compounding

Fill in the required fields to see your result.

Key differences

	Optimal Currency Hedge Ratio Calculator	Currency Forward Rate Calculator
Category	Currency Advanced	Currency Advanced
Inputs required	5	5
Result	Optimal Hedge Amount ($)	Forward Exchange Rate
What it does	Calculates the optimal notional amount of futures contracts needed to hedge a given currency exposure, balancing correlation and variance between spot and futures prices. Ideal for treasurers and portfolio managers reducing FX risk.	Calculates the fair forward exchange rate between two currencies using interest rate parity. Use it when pricing FX forward contracts or hedging future currency exposure.