Junior Cycle · Financial Maths ⏱ Tested in 1 exam question since 2022 Lesson 7 of 7

JCHL Financial Maths 7: Currency Exchange

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You’ll learn

  • Read an exchange rate (e.g. €1 = $1.24) and know which way round it works
  • Change money from one currency to another — multiply by the rate one way, divide by it the other way
  • Lay the work out in two columns, one currency in each, so you can see which way you are going

Formula used

Multiply by the rate to go from the home currency to the foreign one.

MUST LEARN

Most recent exam questions

  • 2022 Q1(a)

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