# Currency Conversion

## Test your ability to convert from one currency to another with this self marking quiz.

##### Level 1Level 2Level 3DescriptionHelpMore Finance

This is level 1; Simple one-step conversion questions. You can earn a trophy if you get at least 7 questions correct.

The table to the right is the conversion rates at an airport in London. It lists the value of one British pound whether it is being converted into a different currency (buy) or whether a foreign currency is being converted to pounds (sell).

Exchange Rates For £1

USD1.281.31
AUD1.771.82
NZD1.881.94
THB42.2943.56
EUR1.131.16
Check

This is Currency Conversion level 1. You can also try:
Level 2 Level 3

## Instructions

Try your best to answer the questions above. Type your answers into the boxes provided leaving no spaces. As you work through the exercise regularly click the "check" button. If you have any wrong answers, do your best to do corrections but if there is anything you don't understand, please ask your teacher for help.

When you have got all of the questions correct you may want to print out this page and paste it into your exercise book. If you keep your work in an ePortfolio you could take a screen shot of your answers and paste that into your Maths file.

## Transum.org

This web site contains over a thousand free mathematical activities for teachers and pupils. Click here to go to the main page which links to all of the resources available.

## More Activities:

Mathematicians are not the people who find Maths easy; they are the people who enjoy how mystifying, puzzling and hard it is. Are you a mathematician?

Comment recorded on the 19 June 'Starter of the Day' page by Nikki Jordan, Braunton School, Devon:

"Excellent. Thank you very much for a fabulous set of starters. I use the 'weekenders' if the daily ones are not quite what I want. Brilliant and much appreciated."

Comment recorded on the 12 July 'Starter of the Day' page by Miss J Key, Farlingaye High School, Suffolk:

"Thanks very much for this one. We developed it into a whole lesson and I borrowed some hats from the drama department to add to the fun!"

#### ChrisMaths

Christmas activities make those December Maths lessons interesting, exciting and relevant. If students have access to computers there are some online activities to keep them engaged such as Christmas Ornaments and Christmas Light Up.

There are answers to this exercise but they are available in this space to teachers, tutors and parents who have logged in to their Transum subscription on this computer.

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Subscribers can manage class lists, lesson plans and assessment data in the Class Admin application and have access to reports of the Transum Trophies earned by class members.

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## Go Maths

Learning and understanding Mathematics, at every level, requires learner engagement. Mathematics is not a spectator sport. Sometimes traditional teaching fails to actively involve students. One way to address the problem is through the use of interactive activities and this web site provides many of those. The Go Maths page is an alphabetical list of free activities designed for students in Secondary/High school.

## Maths Map

Are you looking for something specific? An exercise to supplement the topic you are studying at school at the moment perhaps. Navigate using our Maths Map to find exercises, puzzles and Maths lesson starters grouped by topic.

## Teachers

If you found this activity useful don't forget to record it in your scheme of work or learning management system. The short URL, ready to be copied and pasted, is as follows:

Minakshi,

Tuesday, October 24, 2017

"Alejandro remembers a time when you could get 72 Thai baht for a pound. How many fewer baht does he get by exchanging £93 for baht at the exchange rate shown above than he would have done when the exchange rate was 72?"

Do you have any comments? It is always useful to receive feedback and helps make this free resource even more useful for those learning Mathematics anywhere in the world. Click here to enter your comments.

For Students:

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## Description of Levels

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Level 1 - Simple one-step conversion questions

Level 2 - Multi-step currency conversion problems

Level 3 - Exam-style questions on currency conversion and finance

## Examples

Phil is setting off from London for a business trip to Germany. He converts £230 to euros. How many euros will he receive?

If the 'Buy' rate for euros is 1.41 then he will receive 230 × 1.41 = 324.30 euros. Notice that the answer has two digits after the decimal point even though the second one is zero.

After working on a theme park in Australia, Jane is returning to the UK. She converts AU\$1010 to pounds. How many pounds will she receive?

If the 'Sell' rate for Australian dollars is 2.22 then she will receive 1010 ÷ 2.22 = £454.96. Notice that the answer has been rounded to two decimal places

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