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Calculate Currency Hedge Returns

Calculating post-hedge returns for FX hedged funds and foreign investments.

Saving/investing/retirement.Verifiable formulaYou can save and share results.

Calculating the return on foreign investment after hedge.

Formula: Hedged return = Return on investment + Currency gain/loss − Hedge cost

Compare Hedge and Unhedge Returns

Currency Hedge Returns Calculator

The Currency Hedge Returns Calculator estimates a investment and time value estimate for your scenario from the quantities, rates, period, units and other assumptions requested on the page. Replace the example values with your own currency hedge returns figures and recalculate after changing an assumption. Use it to compare scenarios, then verify any current rate or fee before acting.

Fill in foreign investment information, exchange rates, and hedge costs to compare returns.

Hedge USD→THB current value ~1–3%

Formula used for calculation

  • Currency impact = (end rate − start rate) ÷ start rate × 100%
  • Unhedged return = return on investment + currency impact
  • Hedged return = return on investment - hedge cost
  • Hard Currency (THB) = Thai Investors Loss Currency (Unhedged)

Frequently asked questions

What is currency hedge?
Currency Hedge is a strategy to protect against the risk of exchange rate changes for Thai investors investing in foreign assets to reduce the impact of strong or weak Thai baht.
What's the difference between a hedged vs. an unhedged mutual fund?
Hedged funds hedge currency risk with forward/swap contracts. They typically have a hedge cost of 1–3% per year. Unhedged funds receive full returns on currency risk. They may make additional profits or losses from currency.
What is the hedge cost in Thailand?
The hedge cost depends on the difference in international interest rates. For example, if Thai interest rates are lower than US rates, the hedge cost of USD returning THB will be around 1–3% per year for USD/THB.
Should hedge or not hedge?
Depending on the investment period and the perspective of the currency, hedge is suitable for short term or those who do not want to risk the currency, while non-hedge is suitable for long term where the currency may offset each other and save the cost of hedge.
Disclaimer: Results are estimates. Actual exchange rates and hedge costs may differ. Consult your fund manager before investing.

English calculator guide

How to use the Currency Hedge Returns Calculator

Use this page to test a specific currency hedge returns scenario. Enter your own values in the calculator above, review the units beside each field, and recalculate after changing an assumption. The result updates the currency hedge returns estimate instead of relying on a generic example.

  1. Build a baseline currency hedge returns case with figures that match your situation.
  2. Run a second currency hedge returns case after changing the rate, period, quantity or other key assumption.
  3. Record the difference between the two currency hedge returns results and the input responsible for it.

Inputs for the currency hedge returns estimate

For this currency hedge returns calculation, check the quantities, rates, period, units and other assumptions requested on the page. The result is designed to show a investment and time value estimate for your scenario, not a guaranteed provider price or official decision.

How the currency hedge returns result is calculated

The calculator projects value over time from the entered amount, rate, period and contribution assumptions. Reusing the same currency hedge returns inputs will produce the same estimate, which makes the page suitable for controlled scenario comparisons.

Checks for a currency hedge returns decision

Confirm any current rate, threshold or provider rule that could change the final amount. For currency hedge returns, Use the result as a planning estimate and confirm any rate, rule or threshold that may have changed before acting. Check the important inputs and any current provider or authority rules before using the result for a decision.

Language QA
Terminology, numeric values and calculator controls checked
Calculator scope
Investment and time value
Last English review
26 July 2026

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