Currency tools

For those who regularly send money internationally, 2017 is revealing itself to be the year that demonstrates the potential volatility of currency. Between global political uncertainty, Brexit and the unexpected results of the American presidential election - we have learned that the value of a currency cannot predicted or relied upon.

To combat this volatility, FXcompared has developed several currency related tools to help you better understand currency volatility, currency risk and how it can impact international transfers. These tools will help you make better educated financial decisions and understand your options for managing currency risk, such as currency forward contracts.

Currency Volatility Tool

The value of currency constantly changes every minute of every day, this is called currency volatility. When taking part in any business transactions in a currency other than your home currency, your company faces exchange rate volatility. Currency volatility can have a great effect on the cost of doing business internationally. You can explore volatility between specific currency pairs with our currency volatility tool.

How to Use the Currency Volatility Tool

To learn about the historic volatility between specific currency pairs, simply input the sending currency, receiving currency, and amount being sent into the FXcompared Currency Volatility Tool. You can also view your exposure for multiple currencies over a certain period of time. To make it easier for you, FXcompared has designed the tool to export your data in a spreadsheet, to be kept for records or reviewed by you at a later time.

Currency Volatility tool


Enter your first transaction

Currency Analysis Tool

Examine the past performance of your company’s FX strategy with our Currency Analysis Tool. Our user friendly tool accesses our data and compares the historic exchange rates of banks and currency specialists.

How to Conduct a Currency Analysis

Using FXcompared’s Currency Analysis tool is easy. Simply enter the amounts sent and/or received, choose the currency and enter the date.

If you don’t know the exact amounts of past international transactions or want an assessment of how you would have performed, you can still use the tool. You can enter the amount either sent or received, and the analysis will assume the typical bank rate was offered.

You can enter multiple transactions, allowing you to see the performance of your currency strategy over longer periods of time, further helping you to determine whether or not you should devise a more advanced currency strategy to maximize potential for savings.

Audit Analysis tool


Enter your first transaction

Money Transfer Comparison

Use our Currency Tools

Currency Volatility Tool - assess the impact of currency risk

Currency Analysis Tool - conduct an audit of historical transactions


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