Exchange Rates (Leaving Cert Mathematics): Flashcards

How much one unit of a currency is worth in another currency

1 euro equals 1.32 US dollars

Inflation, trade, and global economic conditions

Multiply the amount in euros by the exchange rate

Divide the dollar amount by the exchange rate

€ $\times$ Rate = USD

USD $\div$ Rate = €

660 USD

€450

Round to two decimal places unless told otherwise