Currency ConversionTest your ability to convert from one currency to another with this self marking quiz. 
This is level 1; Simple onestep 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). Give your answers to two decimal places. 

This is Currency Conversion level 1. You can also try:
Level 2
InstructionsTry 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.orgThis 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. 
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 14 September 'Starter of the Day' page by Trish Bailey, Kingstone School: "This is a great memory aid which could be used for formulae or key facts etc  in any subject area. The PICTURE is such an aid to remembering where each number or group of numbers is  my pupils love it! Comment recorded on the 3 October 'Starter of the Day' page by Fiona Bray, Cams Hill School: "This is an excellent website. We all often use the starters as the pupils come in the door and get settled as we take the register." 
Each month a newsletter is published containing details of the new additions to the Transum website and a new puzzle of the month. The newsletter is then duplicated as a podcast which is available on the major delivery networks. You can listen to the podcast while you are commuting, exercising or relaxing. Transum breaking news is available on Twitter @Transum and if that's not enough there is also a Transum Facebook page. 

AnswersThere 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. A Transum subscription unlocks the answers to the online exercises, quizzes and puzzles. It also provides the teacher with access to quality external links on each of the Transum Topic pages and the facility to add to the collection themselves. 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. If you would like to enjoy adfree access to the thousands of Transum resources, receive our monthly newsletter, unlock the printable worksheets and see our Maths Lesson Finishers then sign up for a subscription now: Subscribe 

Go MathsLearning 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 MapAre 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. TeachersIf 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. 
Close
Level 1  Simple onestep conversion questions
Level 2  Multistep currency conversion problems
Exam Style Questions  A collection of problems in the style of GCSE or IB exam paper questions (worked solutions are available for Transum subscribers).
More on Finance including lesson Starters, visual aids, investigations and selfmarking exercises.
Answers to this exercise are available lower down this page when you are logged in to your Transum account. If you don’t yet have a Transum subscription one can be very quickly set up if you are a teacher, tutor or parent.
Flowchart Bills
Calculate bill totals by following the instructions given in the form of a flow chart.
Interest
Practise using the formulas for simple interest and compound interest.
Money Maths
Test your skills and understanding with this online exercise about Money Maths and Personal Finance.
Overdraft Charges
Do you understand how your bank charges you for taking out an overdraft? Try this self marking quiz.
Thai Restaurant
Calculate the restaurant bills for each of the tables in the Thai Restaurant.
Unit Pricing
Calculate the unit cost of items to earn jigsaw pieces that make a joke.
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. You can doubleclick the 'Check' button to make it float at the bottom of your screen.
Answers to this exercise are available lower down this page when you are logged in to your Transum account. If you don’t yet have a Transum subscription one can be very quickly set up if you are a teacher, tutor or parent.
Close
Nick Morgan, International
Sunday, March 22, 2020
"On the Currency Exchange tasks, I think the rate are wrong.
When converting funds to a foreign currency you should the "Sell" rate which should be lower than the "Buy" rate, which is used when converting back to pounds.
Your instruction contradict the methods outlined everywhere else.
Is this a mistake?
[Transum: Thanks so much for your feedback Nick. I just did a Google images search to look at photographs people had taken of exchange rates boards around the world. There is indeed a difference in how the words Buy and Sell are interpreted as you can see by the examples below. I guess it is important to point out this inconsistency to pupils!]
"