What the tool does
- Expiry valuation — every hedge that has matured — including ones no longer shown in the interface — valued against the market rate on its maturity date.
- Cashflow valuation — every settled cashflow set against its budget rate, compared with the forward rate at inception.
- A budget rate of exactly 1.00 — is auto-detected as a placeholder and never used alone — overridable with the forward rate at inception or a manually entered rate.
- A defensible basis for CFO and board reporting — not a retrospective spreadsheet reconstruction.
Output: Expiry value vs. market rate at maturity · budget rate vs. forward rate at inception.