^[redacted]‌ - I'm tagging a few Searchfunders who have commented on FX issues in the past and might be able to contribute to this thread. ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, (To my commenters, THANK YOU in advance for helping to make Searchfunder a helpful community. We appreciate it! ^[redacted]‌)

You might enjoy this 2018 video from the IESE Searchfund Conference which covered Searchfund investments in Latin America where many of the investors are based in the US, Canada or Europe. https://www.youtube.com/watch?v=Y-ENNEkBbyo

If you really want to dig into the archives, you can check historic Searchfund acquisitions outside of North America and with non-local investors. Make sure you select "acquired" from the "stage" drop down menu option. Here is the direct link: www.searchfunder.com/searchfund/map. I can help you with this if you want to DM me.

Finally, if you happen to be acquiring a foreign exchange company, be sure to check out the IBISWorld report. IBISWorld is available on Searchfunder under the Industries tab at the top of this screen. Here is the report for Foreign Exchange Services in Canada just to humor you: www.searchfunder.com/post/ibisworld-report-foreign-currency-exchange-services-in-canada-1

If you want to settle on a rate and know the date of the transaction, the futures rate for that date could be an “objective” figure that is market based. E.g., if the transaction is 3 months from now, use the 3-months futures rate. That also makes potential hedging a bit easier. Having a bit more background on your goal and the potential differing agendas of the parties involved may be helpful in giving you a better answer though.

My former colleague in FX at a bulge bracket bank started his own FX advisory firm. I'd be happy to make intro.. The issue isn't complicated but its more than agreeing to rate and date. Its also proper accounting.

Thank you Luke; I will be very happy to help. Knowing the Country or local currency will be useful. Most Latin American countries have USD Indexes and some futures.

I do cross border m&a, happy to share some practices