Forward Exchange Rate Calculator
Result
Forward Exchange Rate Calculator Calculate the forward exchange rate given spot rate, interest rates, and time period. Forward Rate = Spot Rate × [(1 + domestic interest rate) / (1 + foreign interest rate)]^n. Used in forex hedging and international finan — free online calculator.
Formula
- Forward Exchange Rate Calculator calculates its result from Spot Exchange Rate, Domestic Interest Rate (%), Foreign Interest Rate (%), Days to Forward. It uses the formula Forward Rate = Spot × [(1 + r_domestic) / (1 + r_foreign)]^(t/1 year). Change any input to recalculate the result instantly.
- The main inputs are Spot Exchange Rate, Domestic Interest Rate, Foreign Interest Rate, Days to Forward. Enter them in the units and format shown in the calculator.
- Use monetary amounts, rates and time periods exactly as labeled; the result reflects the assumptions entered on this page.
- Changing any input above recalculates the result with the same calculation engine used by this page.
Example: Forward Exchange Rate
- Spot Exchange Rate: 100
- Domestic Interest Rate: 4 %
- Foreign Interest Rate: 2 %
- Days to Forward: 180
Using Spot Exchange Rate = 100, Domestic Interest Rate (%) = 4, Foreign Interest Rate (%) = 2, Days to Forward = 180, the calculated result is 1.2455053265.
Sample result: Calculating…
Frequently asked questions
What does the Forward Exchange Rate calculate?
Forward Exchange Rate Calculator Calculate the forward exchange rate given spot rate, interest rates, and time period. Forward Rate = Spot Rate × [(1 + domestic interest rate) / (1 + foreign interest rate)]^n. Used in forex hedging and international finan — free online calculator.
Which values should I enter?
Enter Spot Exchange Rate, Domestic Interest Rate, Foreign Interest Rate, Days to Forward using the units and format shown beside each field.
What formula does this calculator use?
The calculator uses the following relationship: Forward Rate = Spot × [(1 + r_domestic) / (1 + r_foreign)]^(t/1 year).
Why might my result differ from another source?
Results can differ when another source uses different units, rounding rules, conventions or assumptions. Compare the inputs and definitions before comparing results.
Does the result update automatically?
Yes. Changing an input updates the result using the same calculation engine shown on this page.