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Hedge Currency Risk in SDG - Sudanese Pound

Currency Risk Coverage on the Sudanese Pound (SDG) with Mondial Change

Mondial Change allows you to hedge your currency risk on the Sudanese Pound (SDG). Currency risk coverage on the Sudanese Pound can currently only be achieved through NDF (non-deliverable forwards) contracts. The NDF is a hedging instrument used to cover your currency risk on partially or non-convertible currencies. At the contract's expiration date, the rate at which the contract was concluded is compared with the fixing rate. The latter is official and published daily by the Central Bank of the concerned country. The NDF price represents the probability of a revaluation (or devaluation) of the currency. Therefore, the NDF price will not be linked to the interest rate differential between the two currencies involved. The NDF thus allows you to hedge your currency risk without any cash flow being exchanged in the non-convertible currency. You can schedule a meeting with our trading desk. An expert market advisor will assist you in setting up your currency hedges on the Sudanese Pound (SDG).

To obtain accurate quotes on your hedges in Sudanese Pound (SDG), we invite you to contact our trading desk.

Mondial Change answers all your questions on currency risk coverage for your operations in Sudanese Pound (SDG)

Are there minimum or maximum amounts to set up hedges in Sudanese Pound (SDG)?

The maximum amount of hedges in Sudanese Pound (SDG) that you can validate primarily depends on the size of the forward exchange line granted to you. The granted line conditions depend on the review of your financial statements. Regarding minimum sizes, we generally do not take hedges for amounts less than 10,000 EUR (or equivalent in other currencies).

What is the maximum possible maturity for hedges in Sudanese Pound (SDG)?

Generally, we do not offer hedges in Sudanese Pound (SDG) for maturities exceeding 24 months, but this can be considered on a case-by-case basis. Please contact our trading desk for a personalized assessment of your needs.

What are the setup fees for currency risk hedges in Sudanese Pound (SDG)?

All fees related to the setup of hedges in Sudanese Pound (SDG) are included in the exchange rate communicated to you before the validation of your operation. The hedging is done by phone with a trading desk operator. No fees are applied to the use of your hedges.

Is a security deposit required to take a hedge in Sudanese Pound (SDG)?

Again, this depends on the conditions of your forward exchange line. Thanks to its network of partners, Mondial Change generally manages to obtain forward exchange lines without an initial security deposit. Depending on your line conditions, margin calls may be triggered on your hedging contracts in Sudanese Pound (SDG) if the EUR/SDG rate (or any other pair on which you have validated a hedge) deteriorates beyond the variation margin or beyond your OTM. In this case, you must deposit funds as collateral to keep your contracts in Sudanese Pound (SDG) open. Based on the review of your financial statements, lines without margin calls can sometimes be granted.

Are there carry points or discount points on forward contracts in Sudanese Pound (SDG)?

It all depends on whether you are a buyer or seller of Sudanese Pound (SDG) and against which currency you are trading the Sudanese Pound. If we take an example against the euro: If you are a buyer of Sudanese Pound (SDG) against the EUR, then there are déport points because the interest rate of the Sudanese Pound (SDG) is inférieur to that of the EUR. Conversely, if you are a seller of Sudanese Pound (SDG) against the EUR, then there are report points.

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