Work out currency swap cash flow instantly with clear inputs, formula shown and shareable results.
A currency swap exchanges principal at spot and then interest on each leg in its own currency. The net flow depends on the interest differential, and the principal re-exchange at maturity carries the exchange rate exposure.
Currency swap flows
Foreign notional = domestic / spot; net flow = domestic interest - foreign interest × spot
Figures are estimates based on the inputs given. Bank charges, regulatory minima and market rates change and differ between institutions and jurisdictions. This is not financial advice — confirm with your bank or treasury policy.
In the principal re-exchange and in translating the foreign interest leg — the swap does not remove it, it relocates it.
To borrow where funding is cheapest and swap into the currency actually needed, often at a lower all-in cost.