E-Start Application - Exchange Rate Risk Prevention System
The E-Start application provides a tool for quantifying exchange rate risk associated with exchange rate movements. For small and medium-sized enterprises, it is a tool that will help them define the area of uncertainty associated with exchange rate movements. Within the application, the user enters the amount of their liability or receivable in foreign currency, its maturity and receives information on the largest exchange rate loss or profit for a given period in history, including a comparison with traditionally used procedures for quantifying exchange rate risk. The system also has an educational role, explaining the specifics of individual tools, but especially providing education in the area of uncertainty and extreme cases, i.e. the limits inherent in quantification.
Link to the application here: VaR
