Currency 101

Retiring overseas can be the start of an exciting new chapter, but it also comes with challenges, particularly regarding your finances. One of the biggest factors to understand is how currency affects your retirement income.

Currency exchange isn’t just about getting your money from A to B; it’s about doing it strategically to protect your budget, avoid costly surprises, and limit stress.

You may have heard the terms “hawks” and “doves” in relation to the economic factors that impact exchange rates – but do you know what they mean?

Investor risk perception prompts risk-on and risk-off currency market conditions. This reflects how investors navigate risk-sensitive and safe-haven assets amid political and economic uncertainty. Discover how these shifts in market sentiment impact exchange rates.

When sending your hard-earned money overseas, you're entrusting the safety of your funds to your international payments provider - so make sure you choose the best one from a security perspective.

Look beyond your bank when making international payments to an option that offers a more personal, cost-effective and expeditious service: a currency specialist.

Hope isn't stategy when managing your exposure to currency risk. Be proactive by locking in a current rate for future payments using a forward contract.

Exchange rates are inherently unpredictable. So, don't try and second guess the markets by relying on potentially inaccurate forecasts.

Understand the variables that influence exchange rates so you can make informed decisions when making international payments.