A Jordanian investor and furniture manufacturing with headquarters located in Amman has recently transferred one of the production lines to China seeking for cheaper labor force, base salaries in Chinese Yawn on a monthly Base. He used to import the raw material from Indonesia and pay in Indonesian Rupiah. The main targeted markets for his products are West European countries, he used to receive the price in Euro through transfer to his account in amman. The supplier gave him one month free of Interest settlement period to pay for the material. The importers Place their orders 2 months prior to the delivery dates and pay on that date. The risk manager has a challenge to manage the risk of exchange rate changes for the four currencies used ( j.D. Indonesian, Rupiah, Euro and Chinese Yawn) design most suitable derivatives to hedge Against The Exchange rate risk between these four currencies.