1. Currency Conversion

2. What is currency?

3. What is currency? Currency means money
Different countries have different currencies
There are over 100 different currencies in the world all with different names
The Australian currency is called the Australian Dollar

4. Common Currencies of the World
Great Britain (England, Scotland, Wales)
United States of America
New Zealand
France, Spain, Italy, Germany

5. Common Currencies of the World
Great Britain (England, Scotland, Wales)
Great Britain Pound (GBP)
United States of America
US Dollar (USD)
New Zealand
New Zealand Dollar (NZD)
France, Spain, Italy, Germany
Euro (EUR)

6. Common Currencies of the World
Japan
Indonesia
South Africa
Thailand

7. Common Currencies of the World
Japan
Yen (JPY)
Indonesia
Rupiah (IDR)
South Africa
Rand (ZAR)
Thailand
Baht (THB)

8. Converting Between Currencies
It is possible to convert one currency to another
The conversion rate between currency changes everyday

9. Conversion Rates
The following are today’s conversion rates: 1 AUD = 0.59 GBP 1 AUD = 0.91 USD 1 AUD = 1.14 NZD 1 AUD = EUR 1 AUD = JPY 1 AUD = IDR 1 AUD = ZAR 1 AUD = THB

10. Converting Currency
Convert the following Australian Dollar amount to the given currency:
$200 = ___________________ USD
$120 = ___________________ EUR
$500 = ___________________ NZD

11. Converting Currency Use your laptop to convert the following currency:
$100 GBP to AUD
$100 AUD to ZAR (South Africa)
$1000 USD to THB (Thailand)

12. THINK…
Mr Biggs wants to buy new Adidas Predator football boots. He has a choice between buying in Australia from Rebel Sport for $220 AUD or buying from an American website Eastbay for $205 USD including delivery. Which option is cheaper?