Do you wish to keep steady prices? Watch “The secrets Behind Layered Hedging Programs”
webinar to learn how to smooth the hedge rate over time
Watch it now

Glossary

Navigate the complex world of currency management with our comprehensive dictionary of financial terms and definitions.

Home
>
Glossary
>
Cross-Forward Exchange Rate

Cross-Forward Exchange Rate

The cross-forward exchange rate is a forward rate between two currencies that do not involve the most traded currencies: USD and EUR. Examples of cross forward rates are the forward rate GBP-JPY, or CAD-BRL. Like any forward exchange rate, cross-forwards reflect the interest rate differentials between the currencies involved.