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Optimal Currency Hedge Ratio Calculator vs Currency Variance Swap Payout Calculator

Two calculators for the same neighbourhood of questions. Here is what each measures, what you feed in, and where you'd reach for one over the other.

Currency Advanced

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.

Answers
Optimal Hedge Amount ($)
Inputs
Currency Exposure, Spot Rate Variance, Futures Price Variance, Correlation Coefficient, Target Hedge Effectiveness
Currency Advanced

Currency Variance Swap Payout Calculator

Calculate the periodic payout of a currency variance swap by comparing realized variance to the strike variance over a given tenor. Used by options traders and risk managers settling volatility positions.

Answers
Variance Swap Payout ($)
Inputs
Variance Notional, Strike Variance, Realized Variance, Swap Tenor, Payment Frequency

At a glance

Optimal Currency Hedge Ratio CalculatorCurrency Variance Swap Payout Calculator
CategoryCurrency AdvancedCurrency Advanced
AnswersOptimal Hedge AmountVariance Swap Payout
Inputs55
Result unit$$

When to use each

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.

Calculate the periodic payout of a currency variance swap by comparing realized variance to the strike variance over a given tenor. Used by options traders and risk managers settling volatility positions.

Compare page seeded from editorial siblings — both calculators list each other as related.