Exchange Rates

How to Use Probability to Manage FX Risk

How to Use Probability to Manage FX Risk

In our last article, we identified a clear risk management objective: certainty. Risk management is really about understanding and managing uncertainty to create more certainty.

They say, “what gets measured gets managed.” So, if you’re not measuring your FX risk, you might not be managing it – even if you think you are.

FX Risk Management Objectives

FX Risk Management Objectives

This article kicks off a new series of posts that will help treasury professionals understand conventional FX risk management practices and how they fit into a successful strategy.

There’s no better way to begin than to ask ourselves, “why do companies bother to use any of these conventional practices?”

How Tech Startups Benefit from Rich FX Data (and why it's dangerous to go without)

How Tech Startups Benefit from Rich FX Data (and why it's dangerous to go without)

There are now many tech products that rely on foreign exchange data for accurate pricing and financial tools and for exchange rate conversions between currencies from around the globe that are updated in real-time.

The need among tech startups to optimize their FX management is clear, and to do so necessitates the access to, and correct use of, powerful, reliable data.

Market rates vs. Central Bank rates

Market rates vs. Central Bank rates

In recent years, Central Banks around the world have made the news with more frequency than ever before. How can global businesses identify which are the "right" exchange rates to use - market rates or Central Bank rates?

NEW SERIES: Managing FX Challenges in the Age of Central Bank Activism

NEW SERIES: Managing FX Challenges in the Age of Central Bank Activism

Our new series looks at how Central Bank policies and regulations could impact popular currencies in coming months—and how accountants, treasurers, and financial professionals can make sense of it all. 

FX and Tech: Mastering Rates Redisplay on Travel Websites

FX and Tech: Mastering Rates Redisplay on Travel Websites

With the lucrative summer vacation season just around the corner, we explain why online travel companies that execute live currency conversions for redisplay on their website will be best placed to project the latest rates to customers.

To infinity and beyond: Flexible Forex Data for Corporates

To infinity and beyond: Flexible Forex Data for Corporates

Businesses need specific exchange rates in the right type of data to fit their use. OANDA offers several flexible types of data to meet any business need.

FX and Tech: Data Integrity in the Age of the Borderless Transaction

FX and Tech: Data Integrity in the Age of the Borderless Transaction

We discuss the growing relevance of FX in an IT setting and what tech professionals need to know about building systems that can accommodate multiple currencies.

One API for All Your FX Needs

One API for All Your FX Needs

Whether you need forex data for financial reconciliation, price localization, product development or more, we’ve got you covered. Leverage automated currency conversion directly into your app, website, ERP system, or accounting software.

Enabling Foreign Currency Translations for Tax and Accounting Teams

Enabling Foreign Currency Translations for Tax and Accounting Teams

For two decades, hundreds of thousands of companies have relied upon the OANDA historical rates for their FX data needs like accounting, tax, internal reporting, spot-checking of rates, and more.

Today, our new and improved Historical Currency Converter enables tax departments at global companies like Johnson Control to access and download accurate historical exchange rates data in a more intuitive, flexible and convenient way than ever before.
 

  • 170,000 employees
  • 1,300 locations
  • Unlimited downloads of historical FX data

Payments Perspectives: Volatility Weighing on Mexico’s Peso

Payments Perspectives: Volatility Weighing on Mexico’s Peso

In the weeks after the U.S. election, Mexico’s peso took a hit over uncertainty about the country’s relationship with key trade partners--especially its northern neighbor. This could be a good time for financial professionals at multinationals exposed to the peso to assess exchange rate risk as it relates to payments and transfer activity. We examine the currency’s recent volatility and offers suggestions to better manage payments in the face of these uncertainties.

Pistols at dawn: Managing transactions on the brink of a US vs China trade war

Pistols at dawn: Managing transactions on the brink of a US vs China trade war

China and America currently stand face-to-face; two economic gunslingers hands hovering over their triggers, waiting for the other to act. And whether or not either will draw for their guns boils down to one man – President-elect Trump.

In the eye of the storm: Managing payments for a volatility-bound Euro

In the eye of the storm: Managing payments for a volatility-bound Euro

In the shadow of Brexit and the US election, the Euro has been a beacon of stability. But, with geopolitical unrest and QE from the ECB potentially triggering a turbulent patch for the currency, we examine how multinational companies can manage their payments in the face of this uncertainty.

Payments Perspectives: In Trump’s Victory, A Vote for the Dollar

Payments Perspectives: In Trump’s Victory, A Vote for the Dollar

After a surprise outcome, the prospects for the US dollar are suddenly looking a lot brighter—thanks in part to the new administration’s more protectionist attitudes towards the American economy. For multinational companies with dollar-denominated cash flows, a stronger US currency could change the way payables and receivables are handled. With this in mind, we’ve analyzed how post-election FX issues could affect corporate payments and transfers in the months ahead.