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Goteachmaths.co.uk Exchange Rates.

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Presentation on theme: "Goteachmaths.co.uk Exchange Rates."— Presentation transcript:

1 goteachmaths.co.uk Exchange Rates

2 23 November 2018 Exchange Rates

3

4 BREXIT

5 Exchange Rates show how one currency is valued against another.
Would you want 1 Dollar or 1 Pound? 10 Euros or 10 Pounds?

6 £1

7 How many Euros do I get for £100? How many Pounds do I get for €240?
x 1.2 £1 €1.20 ÷ 1.2 How many Euros do I get for £100? 100 x 1.2 = €120 How many Pounds do I get for €240? 240 ÷ 1.2 = £200

8 To exchange £ to € multiply by 1.2 To exchange € to £ divide by 1.2
£1 €1.20 ÷ 1.2 To exchange £ to € multiply by 1.2 To exchange € to £ divide by 1.2

9

10 x 1.2 £1 €1.20 ÷ 1.2 £200 = €240 £250 = €300 £60 = €72

11 x 1.2 £1 €1.20 ÷ 1.2 €360 = £300 €60 = £50 €35 = £ £29.17

12 x 1.25 £1 €1.25 ÷ 1.25

13 £1 = $1.25 1.25 £100 = $250 = £200 = $1000 = £300 = $300 = £400 = $350 = £3 = $45 = £1.50 = $11 = £623 = $2.25 = 30p = 60c = £16.53 = $32.76 =

14 £1 = $1.25 £100 = $125 $250 = £100 £200 = $250 $1000 = £800 £300 = $375 $300 = £240 £400 = $500 $350 = £280 £3 = $3.75 $45 = £36 £1.50 = $1.88 $11 = £8.80 £623 = $778.75 $2.25 = £1.80 30p = 38c 60c = 48p £16.53 = $20.66 $32.76 = £26.21

15

16 x 1.25 £1 €1.25 ÷ 1.25 $250 = $8.42 £200 $60 = £6.74 £48

17 True SIT DOWN False STAND UP

18 True SIT DOWN False STAND UP
£1 = €1.20 False STAND UP €300 = £240

19 True SIT DOWN False STAND UP
£1 = $1.25 £1 = €1.20 False STAND UP €12 = $13

20 To exchange simple currencies. To find prices of foreign goods.
23 November 2018 Exchange Rates To exchange simple currencies. To find prices of foreign goods. Keywords: ratio, divide, proportion, split, share

21 ÷ 70 ¥14,000 £200 £1 = ¥70 I went to the Bureau de Change…
I gave them £200. They gave me ¥14,000 x 70 What is the exchange rate? £200 ¥14,000 ÷ 70 200 x ? = 14,000 ? = 14,000 = 70 200 £1 = ¥70

22 £1.88 $108/1.44 = £75 E117/1.6 = £73.125 SF100/2.10 = £47.62 E70/1.4 = £50 £2.38


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