Enter the total assets and liabilities in foreign currency, and the total equity into the calculator to determine the net open position.

Net Open Position Formula

The following equation is used to calculate the Net Open Position.

NOP = (TAFC - TLFC) / TE
  • Where NOP is the net open position
  • TAFC is the total assets in foreign currency
  • TLFC is the total liabilities in foreign currency
  • TE is the total equity

To calculate the net open position, subtract the liabilities from assets, then divide by the equity.

What is a Net Open Position?

Definition:

To calculate the Net Open Position, add the total open positions of a specific currency with the total open positions that are opposite to it. For example, if you have a long position in the EUR/USD and a short position in EUR/JPY, your Net Open Position would be (EUR/USD + EUR/JPY) – (EUR/JPY).