shipment-stock-photos
Shipping Terms

Shipping Terms

Click on the term below and get an explanation
Understand what the shipping terms means

Currency Adjustment Factor (CAF)

Currency Adjustment Factor (CAF) is an additional charge applied by carriers to compensate for currency rate fluctuations to the base exchange rate. CAF is calculated on the basis of the average of the exchange rate over the prior three months. It increases in direct relation to the United States Dollar, dropping in value.

More From Cogoport