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Exchange Rate Risk

The chance that currency movements change the value of money or investments held in a foreign currency.

Exchange rate risk arises whenever your money, income, or investments are tied to a currency other than the one you spend. A foreign stock or a holiday budget can gain or lose value purely because exchange rates moved, independent of any underlying performance. For long-term diversified investors the effect tends to average out, but for short-term needs it can matter a lot. Hedging or holding some assets in your home currency reduces the swing. Assetli converts your multi-currency assets at current ECB rates so you always see one consistent total.

Example

A $1,000 US investment is worth less in euros if the dollar weakens 10%, even if the stock price itself did not change.

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