Exchange Rates

Each pound is worth 1.20 euros, so you will get more euros than pounds.

You get fewer pounds than dollars, so divide rather than multiply.

Multiply the number of pounds by the number of euros you get for £1.

This rate tells you how many pounds one euro is worth.

Work out how many Swiss francs Sam got for each pound.

Work out what one small square is worth on each axis before you read the graph.

Part (a)

1. Go up from £35 to the line, then across to the euros axis.
2. Each small square on the euros axis is 6 euros. The reading is 42 euros.

Part (b)

1. Go across from 54 euros to the line, then down to the pounds axis.
2. Each small square on the pounds axis is £5. The reading is £45.

Each small square is worth £4 across and 5 US dollars up.

Part (a)

1. Go across from 35 dollars to the line, then down to the pounds axis.
2. Each small square on the pounds axis is £4. The reading is £28.

Part (b)

1. From the graph, 40 US dollars is worth £32.
2. £32 is more than £30, so 40 US dollars is worth more.

You should get fewer pounds than euros.

1. Divide the euros by the rate: 89\div1.17=76.068...
2. To the nearest penny, the jacket costs £76.07.

Find the total in dollars first, then change it into pounds.

1. Total in dollars: 18+12.50+9.50=40 dollars.
2. 40\div1.25=32, so the total is £32.

Work out how many euros Priya gets for her £300 first.

1. 300\times1.15=345 euros.
2. 345-280=65, so Priya has 65 euros left.

Find how many yen Tom has left, then divide by the number of yen in £1.

1. Yen left: 30\,000-20\,400=9600 yen.
2. 9600\div192=50, so Tom gets £50.

Change the price in euros into pounds so that both prices are in the same currency.

Part (a)

1. 99\div1.15=86.086..., so the headphones cost about £86.09 in Ireland.
2. £84 is less than £86.09, so they are cheaper in the UK.

Part (b)

1. 86.086...-84=2.086...
2. They are £2.09 cheaper in the UK.

Add up the costs in euros, change that total into pounds, then add the train ticket.

1. Camping: 18\times3=54 euros.
2. Costs in euros: 245+54=299 euros.
3. 299\div1.18=253.389... pounds.
4. 96+253.389...=349.389...
5. The total cost is £349.39.

Only whole notes can be given, so round down.

Part (a)

1. £180 is worth 180\times1.16=208.8 euros.
2. 208.8\div20=10.44, so Kai can get 10 whole notes.

Part (b)

1. 10 notes are 10\times20=200 euros.
2. 200\div1.16=172.413..., so Kai pays £172.41.

Take the fee off the pounds before you change the money into euros.

1. Fee: 2\% of £500 =0.02\times500= £10.
2. £500 − £10 = £490 is changed.
3. 490\times1.14=558.6, so Ana gets 558.60 euros.

540 is off the graph, so read the value of a smaller amount that goes into 540 exactly.

1. From the graph, 54 Canadian dollars is worth £30.
2. 540=10\times54.
3. So 540 Canadian dollars is worth 10\times30= £300.

Change the hotel's weekly pay into pounds, then find the pay for one hour.

Part (a)

1. Weekly pay in pounds: 378\div1.15=328.695...
2. Per hour: 328.695...\div30=10.956...
3. To the nearest penny, the hotel pays £10.96 per hour.

Part (b)

1. £10.96 is more than £10.85, so the hotel in Spain pays more per hour (by 11p).

Work out the cost of one battery in pounds in each country.

1. UK: 4.50\div6=0.75, so one battery costs £0.75.
2. USA: 13.60\div1.25=10.88 pounds for 16 batteries.
3. 10.88\div16=0.68, so one battery costs £0.68.
4. 0.75-0.68=0.07, so one battery is 7p cheaper in the USA.

Work out the number of euros Ravi would get from each bureau.

Part (a)

1. Bureau A: 400\times1.18=472 euros.
2. Bureau B: 400-12=388 pounds are changed, and 388\times1.22=473.36 euros.
3. 473.36 is more than 472, so Bureau B gives more euros.

Part (b)

1. 473.36-472=1.36
2. Bureau B gives 1.36 euros more.

Change the pounds into euros at the first rate, then the euros back into pounds at the second rate.

Part (a)

1. £500 gives 500\times1.17=585 euros.
2. 585 euros gives back 585\div1.23=475.609... pounds.
3. 500-475.609...=24.390..., so Ben loses £24.39.

Part (b)

1. 24.390...\div500\times100=4.878...\%
2. To 1 decimal place, Ben loses 4.9\%.