One significant difference between Sanibel/Southwest Florida beaches and the Florida/Southeast coast beach towns in January is water temperature. The water temperature on Sanibel is at least 5 - 10 degrees colder than for example Palm Beach, which is directly accross the peninsula on the East coast at the same latitude.This makes a big difference in terms of swimming during the day and evening temperatures along both of those coasts.he water temperature on Sanibel is at least 5 - 10 degrees colder than for example Palm Beach, which is directly accross the peninsula on the East coast at the same latitude. This makes a big difference in terms of swimming during the day and evening temperatures along both of those coasts.
Definition of forward for Students. 1  1 : near, at, or belonging to the front part a ship's forward deck. 2  2 : moving, tending, or leading to a position in front He made a sudden forward movement. 3  3 : lacking proper modesty or reserve.
DEFINITION of 'Forward Rate'. A rate applicable to a financial transaction that will take place in the future. Forward rates are based on the spot rate, adjusted for the cost of carry and refer to the rate that will be used to deliver a currency, bond or commodity at some future time.It may also refer to the rate fixed for a future financial obligation, such as the interest rate on a loan payment.he exporter is obligated to deliver 10 million euros at the specified rate on the specified date, regardless of the status of the export order or the exchange rate prevailing in the spot market at that time.