Foreign Exchange Rates (Grade 10 NSC Matric Mathematics): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What does an exchange rate tell you?
What does an exchange rate tell you?
How many rand to buy 1 unit of foreign $
If £1 = R14, what does an iPad costing £100 cost in rand?
If £1 = R14, what does an iPad costing £100 cost in rand?
R1,400
If €1 = R10.68, how many euros can you buy with R10,000?
If €1 = R10.68, how many euros can you buy with R10,000?
€936.33
What makes the rand stronger?
What makes the rand stronger?
People investing money in South Africa
What effect does buying imported products have on the rand?
What effect does buying imported products have on the rand?
Weakens the rand
Which three currencies are most important for SA students?
Which three currencies are most important for SA students?
British pound, US dollar, Euro
If £1 = R12.41, what does a £4 meal cost in rand?
If £1 = R12.41, what does a £4 meal cost in rand?
R49.64
A book costs 8.49 USD + 2 USD shipping. At 1 USD = R11.48, what's the total in rand?
A book costs 8.49 USD + 2 USD shipping. At 1 USD = R11.48, what's the total in rand?
R120.43
If many people want to buy rand, what happens to its value?
If many people want to buy rand, what happens to its value?
Its value goes up
When converting FROM rand TO foreign currency, which operation do you use?
When converting FROM rand TO foreign currency, which operation do you use?
Divide by the exchange rate