Last Updated Sep 27, 2025

Exchange Rates Simplified Revision Notes for Leaving Cert Mathematics

Revision notes with simplified explanations to understand Exchange Rates quickly and effectively.

Learn about The Basics for your Leaving Cert Mathematics Exam. This Revision Note includes a summary of The Basics for easy recall in your Mathematics exam

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Exchange Rates

Currency exchanges involve converting units of measurement involving money. The exchange rate is the conversion factor between two currencies.

Example

infoNote

The exchange rate between the euro and dollar is €1=\1.32$. How many dollars will you get for $€500$.

$$€500=\$500 \cdot 1.32=\$660$$

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How many euros will you get for \594$ ?

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$$\$594= € \frac{594}{1.32}=€450$$

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