Class Details Mastering Foreign Currency Conversion for Trade Sales Date: 08/13/2025Start Time: 9:00 AM PTEnd Time: 10:00 AM PT In today’s interconnected global marketplace, understanding and managing currency fluctuations is essential for financial accuracy and business success. This educational session will provide a comprehensive overview of key currency-related concepts and practices critical for credit and finance professionals, international sales teams, and business leaders.Key Topics Include:• Understanding Exchange RatesGain insights into how exchange rates are determined, the macroeconomic and geopolitical factors that influence them, and how fluctuations can impact international trade and sales performance.• Currency Conversion TechniquesLearn about the tools, systems, and best practices used to convert foreign currencies into your home currency. This includes practical guidance on ensuring accuracy in financial reporting and compliance with regulatory standards.• Managing Currency RiskExplore effective strategies for mitigating the financial risks of exchange rate volatility. Topics will include hedging instruments, forward contracts, and other contractual approaches to protect against adverse currency movements.Participants will leave this session with a clear understanding of foreign exchange fundamentals and practical tools to manage currency exposure with confidence. Instructor: Michael WestromMichael Westrom is a Director on the Commercial Rates & FX Solutions team with Wells Fargo Corporate and Investment Banking. With over 30 years of experience in foreign exchange markets, Michael works with clients in a wide range of industries to help tailor currency risk management strategies and provide cross border payment solutions. An Oregon native, Michael is based on Wells Fargo’s San Francisco trading desk where he leads a team dedicated to coverage of commercial clients in the Pacific Northwest and Western Canada. Event Sponsor: NACM Commercial Services Course Level: I - Intermediate Credits: CEU: 0.100 CCE: 0.100 Location: Webinar Price: Members: $45.00 Non-Members: $75.00 *Price is for admission only. Some events, especially college credit classes, have additional costs associated with materials, such as text books. See the event comments above for more details. Membership discount eligibility is at the discretion of the event sponsor. Cancellations will be accepted for full refund no later than five working days prior to event — substitute attendees accepted up to day of event.
