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FX Initiative Blog

Actionable insights on foreign exchange risk management from FX Initiative.

Mapping Currencies Across Countries

Mapping Currencies Across Countries: It is evident that no one single world currency exists. There are over 180 currencies recognized as legal tender in circulation throughout the world. The most widely used list of currencies is known as ISO 4217, which is a standard published by the International Organization for Standardization or the ISO. The ISO is an international standard-setting body composed of representatives from various national standards organizations, and the ISO 4217 currency codes shown in this interactive map are used in banking and business globally.

While many of us are familiar with the “Major” currencies, which include the euro, British pound sterling, Australian dollar, New Zealand dollar, United States dollar, Canadian dollar, Swiss franc, and Japanese yen, there are so many more currencies to explore. This interactive map helps you explore the world through the lens of currency. All 180 currencies in circulation are mapped using geographic coordinates and ISO 4217 currency codes. Simply click on the dots on the map to reveal the ISO 4217 currency code, currency name, country.

To learn more about conquering currency risk, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com.

 

2022 Program: Currency Risk Management Training

FX Initiative is pleased to present our 2022 program on currency risk management training to our global audience of finance, accounting, and treasury professionals. Download the PDF brochure and discover our foreign exchange (FX) continuing professional education (CPE) training videos, software tools, and webinar topics at FXCPE.com.

Our mission is to help global businesses and sales professionals communicate FX risk management best practices efficiently and effectively. FX Initiative is a member of the National Association of State Boards of Accountancy (NASBA) National Registry of CPE Sponsors, and approved for self-study, internet-based, and in-person programs.

 

Since 2010, FX Initiative works with Fortune 500 companies, small and medium-sized enterprises (SMEs), and FX product & service providers on understanding, identifying, assessing, and mitigating currency risk. FX Initiative is an unparalleled resource for foreign exchange risk management and continuing professional education.

Managing currency risk remains a high priority for global organizations in 2021. To optimize your firm's international operations, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com.

 

January 2022 Newsletter

New Year Knowledge: Read our January newsletter and discover the latest blog posts and insights from FX Initiative on currency risk management. We help finance, accounting, treasury, and sales professionals stay up to date with new training content, CPE webinars, and helpful tips & resources.

Scale the learning curve quickly and easily with our foreign exchange risk management training, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples and events at FXCPE.com. Start Training >

 

FX Initiative Year End Feedback

FX Initiative End-of-Year Feedback: Help us enhance your experience using FX Initiative in 2022 and beyond! Thank you for supporting our mission throughout 2021 to teach FX risk management best practices. Please share what you like about our FX training and how we can do better.

Take our short survey here: https://www.fxcpe.com/feedback >

 

End-of-Year FX Education

Take advantage of end-of-year foreign exchange (FX) education by completing our 6 part foreign exchange risk management training program. Whether you need to research a foreign exchange educational topic related to your global business, or want to simulate a foreign exchange risk management strategy using our interactive examples, we offer a wide array of quality informational topics and tools that can help you manage FX risk.

FX Initiative is designed to make complex foreign currency matters simple and manageable, and is accessible 24 hours a day 7 days a week to meet your global business needs whenever and wherever a foreign exchange opportunity arises so you can make the right decisions to meet your FX objectives.

FX Initiative helps Banking & Treasury Professionals answer FX risk management questions such as:

  • How to manage currency risk?
  • How to draft a FX risk policy?
  • Where to look for FX risk exposures?
  • What currency risks to hedge and how?
  • Which strategies meet FX hedge objectives?
  • What are the economics?
  • How to do FX accounting?

Get acquainted with all of the educational topics and interactive examples available exclusively to subscribers. We encourage you to start by watching our 6 part online video series, then review and test with quizzes and CPE exams, and reinforce learning using real-world examples. Throughout your learning experience, feel free to visit our terms glossary and frequently asked questions for clarification or contact our support department for help along the way.

Student Subscribers have access to the following 6 one-hour long currency risk management educational videos, as well as review quizzes, CPE Exams, CPE Credits, and Certificates of Completion:

  1. Foreign Exchange (FX) Market Overview
  2. FX Risk Exposures
  3. FX Risk Management
  4. FX Spot & Derivatives
  5. Hedging FX Transactions
  6. Hedging Foreign Subsidiaries

Professional Subscribers have access to all Student benefits, plus access to our complete suite of interactive examples to help reinforce learning concepts and model risk management strategies:

FX Initiative training is available 24/7 365 to help you with FX risk policies, FX accounting, FX hedge strategies, and everything FX risk management related. Controllers and consultants alike can enhance their foreign exchange policies and procedures and simulate common hedging strategies using our collection of tools to clarify complex issues in real time to predictably mitigate currency risk when transacting across borders.

FX Initiative is focused on foreign exchange and continuously strives to deliver world class foreign exchange (FX) continuing professional education (CPE), examples and events on currency risk management. To take advantage of end-of-year foreign exchange (FX) education, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com.

December 2021 Newsletter

December Professional Development: Read our December newsletter and discover the latest blog posts and insights from FX Initiative on currency risk management. We help finance, accounting, treasury, and sales professionals stay up to date with new training content, CPE webinars, and helpful tips & resources.

Scale the learning curve quickly and easily with our foreign exchange risk management training, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples and events at FXCPE.com. Start Training >

 

Recognizing FX Revenues & Receivables

Recognizing FX Revenues & Receivables (Video): Explore the economic and accounting similarities and differences between forecasted and booked foreign exchange (FX) transactions using the FX Transaction Simulator tool.

 

To learn more, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com.

 

Exploring FX Economic Risk

Exploring FX Economic Risk (Video): Explore the concept of foreign exchange (FX) economic risk and recognize its macro impact on the financial statements and global business opportunities. This video is a preview of FX Initiative’s FX Risk Exposures course as part of Learning Objective #1.

 

To learn more, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com.

 

November 2021 Newsletter

Explore our November 2021 newsletter and discover the latest blog posts and insights from FX Initiative. We help finance, accounting, treasury, and sales professionals stay up to date with new training content, CPE webinars, and helpful tips & resources.

Get started with our foreign exchange risk management training, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples and events at FXCPE.com. Start Training >

 

Sharing Feedback & Suggestions (Survey)

FX Initiative remains committed to continuously enhancing our foreign exchange (FX) risk management training. To complement the transition from in-person meetings to online environments, we are working on improving our suite of FX topics and tools to better serve your currency risk management needs safely and remotely.

We are listening closely to our audience of finance, accounting, and treasury professionals with the goal of providing innovative FX risk management training and tools. Help us improve by sharing your feedback regarding what you like about our FX training and how we can do better. Take our short survey: https://www.fxcpe.com/feedback >

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