Due to the exchange rate difference between the Polish zloty and European currencies, we offer a solution based on automatically calculating the CAF (Currency Adjustment Factor) according to a specific procedure that allows you to react quickly to exchange rate changes independent of the logistics operator.
Price rates (stipulated) for performing international freight services by the Carrier are base ones (Base price rates) and they are a subject to currency adjustment due to which real price rates are determined and they, in turn, are a basis for calculation of remuneration for providing a service.
Continous strenghtening Polish zloty (PLN) against foreign currencies (appreciation effect) already resulted in considrable lowering of profitability of rendering international freight services. This situation pushed most of operators to introduce currency adjustment factor that avert that effect. Our rates for Customers are reflected in foreign currencies particularly in euro (€), while the costs of rendering these services are incurred in Polish zlotys (PLN).
Currency Adjustment Factor (CAF) at Raben Logistics Polska spółka z o.o.
- Base rate for EUR: 3.82 PLN
- Exchange rate's change factor - share of costs in PLN to total costs ratio: 67%
CAF calculation table
Month / Year | Currency | Average selling rate for the previous month | Change of exchange rate to base rate | CAF for a given month |
October 2024 | EUR | 4.28 | -11.97% | -6.70% |
CAF for October 2024 for price lists in EUR: -6.70%