Currency markets are volatile and constantly moving, making it difficult for exporters to be certain about the costs and profits of their business. Exporters can use Forward Exchange Contracts as part of their risk management strategy to protect themselves against exchange rate movements.
Examples are for illustrative purposes only and do not reflect current prices or outcomes. Actual figures may be higher or lower. It is not intended to be your sole source of information when making a financial decision. You may wish to consider getting advice from a licensed finance professional.
NAB recommends you consider the Product Disclosure Statement or other disclosure document, available from NAB, before making any decisions regarding these products including whether to acquire or to continue to hold a product or service mentioned: