Exchange Rates (Leaving Cert Mathematics): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
ShowHide
Practise the questions
10 questions from this quiz
What does an exchange rate tell us?
What does an exchange rate tell us?
How much one currency is worth in another
If €1 = 1.32 USD, what does this mean?
If €1 = 1.32 USD, what does this mean?
1 euro equals 1.32 US dollars
Using €1 = 1.32 USD, how many dollars will you get for €500?
Using €1 = 1.32 USD, how many dollars will you get for €500?
660 USD
Using €1 = 1.32 USD, convert €200 to dollars.
Using €1 = 1.32 USD, convert €200 to dollars.
264 USD
Using €1 = 1.32 USD, how many euros will you get for 594 USD?
Using €1 = 1.32 USD, how many euros will you get for 594 USD?
€450
Using €1 = 1.32 USD, convert 396 USD to euros.
Using €1 = 1.32 USD, convert 396 USD to euros.
€300
When converting from euros to dollars, which operation do you use?
When converting from euros to dollars, which operation do you use?
Multiply by the exchange rate
When converting from dollars to euros, which operation do you use?
When converting from dollars to euros, which operation do you use?
Divide by the exchange rate
What can cause exchange rates to fluctuate daily?
What can cause exchange rates to fluctuate daily?
Inflation, trade, and economic conditions
How should you round exchange rate answers unless told otherwise?
How should you round exchange rate answers unless told otherwise?
To two decimal places