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Currency Conversion

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

Level 1 Level 2 Level 3 Description Help More Finance

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

Money Exchange

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).

Give your answers to two decimal places.

Exchange Rates For £1

 BuySell
FlagUSD1.351.39
FlagAUD1.71.75
FlagNZD1.861.91
FlagCAD1.671.72
FlagTHB44.6145.95
FlagEUR1.131.16

Madison is setting off from London for a business trip to France. She converts £270 to euros. How many euros will she receive?
Correct Wrong

Abigail is going on holiday to Florida. She converts £450 to US dollars. How many dollars will she receive?
Correct Wrong

After working on a farm in Australia, Olivia is returning to London. She converts AU$920 to pounds. How many pounds will she receive?
Correct Wrong

Sak is travelling to the UK for a holiday. He converts 16,900 THB to pounds. How many pounds will he receive?
Correct Wrong

In order to compare the cost of living, Hannah converts the cost of a beefburger in London, England with the cost of a similar beefburger in Toronto, Canada using the 'Buy' rate shown in the table. The burger costs £4.43 in London. How many Canadian dollars would that be equivalent to?
Correct Wrong

Samantha lived in England but has decided to emigrate to Spain. She converts £27000 to euros. How many Euros will she receive?
Correct Wrong

Ava is going on holiday to New Zealand. She converts £500 to New Zealand dollars. How many dollars will she receive?
Correct Wrong

After touring Canada, Ashley is returning to the UK. She converts CA$870 to pounds. How many pounds will she receive?
Correct Wrong

Sophia is visiting London to buy an apartment. She converts US$124,000 to pounds. How many pounds will she receive?
Correct Wrong

Out of curiosity, Elizabeth wonders how much her car would be worth in Thailand. The car costs £14000 in the UK. How much would this be equivalent to in Thailand? [Use the 'Buy' rate for your calculation]
Correct Wrong
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.

Please contact me if you have any suggestions or questions.

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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 1 February 'Starter of the Day' page by Terry Shaw, Beaulieu Convent School:

"Really good site. Lots of good ideas for starters. Use it most of the time in KS3."

Comment recorded on the 10 September 'Starter of the Day' page by Carol, Sheffield PArk Academy:

"3 NQTs in the department, I'm new subject leader in this new academy - Starters R Great!! Lovely resource for stimulating learning and getting eveyone off to a good start. Thank you!!"

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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:

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.

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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

Don't wait until you have finished the exercise before you click on the 'Check' button. Click it often as you work through the questions to see if you are answering them correctly.

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