Currency hedging
Don't let market fluctuations surprise you. If you need to make a payment in a foreign currency, secure a favourable exchange rate with a forward or warrant first.
Why use currency hedging with CYRRUS?
Predetermined conditions
No need to physically own the currency to arrange the exchange
No need to create an account
The best exchange rates
We have a CNB licence
Hedging as an effective form of protection
against losses caused by negative currency market movements
Are you thinking how to reduce potential losses and maintain a profit in your business strategy?
Hedging is essentially a form of insurance that can eliminate the risks caused by negative market developments.
‚As the owner of a carrier company, I often face challenges due to currency fluctuations. Every order abroad carries the risk that the exchange rate of the euro against the koruna may develop unfavourably, which could mean a financial loss for my company. However, with the currency hedging service from CYRRUS I can afford to fix the price of the euro for the whole next year and significantly eliminate the risk of loss caused by negative currency market developments.
But after consulting with experts at CYRRUS, I understood how much it could help me. Not only did I secure stable pricing for my international orders, I also avoided a potential loss that could have cost me a lot of money. The fixed exchange rate gave me confidence and allowed me to focus on developing my business without worrying about unexpected financial shocks.
This CYRRUS service is a real lifeline for me and my company. I highly recommend it to anyone who needs to stabilise their costs and protect themselves against the unpredictability of currency markets. They not only saved my money, they also gave me peace of mind and security, which are so rare in today's fast-changing world.'
Petr Růžička Owner of an international carrier company
How we can help you
Forward
A future foreign currency conversion (USD, EUR) into Czech korunas or vice versa at a predetermined exchange rate. A specific amount in the foreign currency is hedged towards a chosen date.
Warrant
A tool for fixing the exchange rate without the risk of having to exchange for a rate worse than what you would get on the currency market. No deposit is required, nor do you need to settle the warrant at its expiration.
Together we will find a solution tailored to your needs and those of your company
Get in touch with Lukáš for non-binding information; he will be happy to answer all your questions about currency hedging.
Lukáš Pražák
Business Director of CYRRUS Forex
Your most frequently asked questions
The value of currencies is constantly changing; the exchange rate between currencies (e.g. EUR/CZK) is volatile. If the exchange rate movement can negatively impact your margin, you should fix the exchange rate.
Yes, you will need to sign a Commission Agreement with us. We can also sign it digitally - online.
We recommend that you discuss your needs with us first so that we can come up with the best solution for you. We will explain everything to you clearly so that you can safely understand the proposed solution.
With a Forward, everything is included in the forward rate that we offer you. With a WARRANT, the entire cost is calculated as a warrant premium, which is paid before the deal is negotiated. Don't expect any hidden fees from us.
No, you can use our services with whatever account, there's no need to create a new account.