3. Anticipatory Set
1.) Suppose that your family
takes a trip to Paris, France and
when you get there, you try to
buy a soda. The price of the
soda is 1.16 Euros and you only
have US dollars. What should
you do?
2.) What is the cost of the soda in US dollars?
3
4. Proportion for Today
Given amount
x of money
Exchange Rate
Exchange Rate
for Given amount
for x
of money
4
8. Currencies Exchange Rates (as of 5/22/12)
US Dollar 1
Japanese Yen 79.73
Euro 0.7840
British Pound 0.6342
Australian Dollar 1.0123
Canadian Dollar 1.0184
Mexican Peso 13.7175
1.) Convert 500 US Dollars to
Canadian Dollars.
8
10. Currencies Exchange Rates (as of 5/22/12)
US Dollar 1
Japanese Yen 79.73
Euro 0.7840
British Pound 0.6342
Australian Dollar 1.0123
Canadian Dollar 1.0184
Mexican Peso 13.7175
2.) Convert 1,000 British
Pounds to US Dollars.
10
11. Currencies Exchange Rates (as of 5/22/12)
US Dollar 1
Japanese Yen 79.73
Euro 0.7840
British Pound 0.6342
Australian Dollar 1.0123
Canadian Dollar 1.0184
Mexican Peso 13.7175
3.) Convert 6,000 Japanese
Yen to US Dollars.
11
12. Currencies Exchange Rates (as of 5/22/12)
US Dollar 1
Japanese Yen 79.73
Euro 0.7840
British Pound 0.6342
Australian Dollar 1.0123
Canadian Dollar 1.0184
Mexican Peso 13.7175
4.) Convert 10,500 US
Dollars to Mexican Pesos.
12
13. Currencies Exchange Rates (as of 5/22/12)
US Dollar 1
Japanese Yen 79.73
Euro 0.7840
British Pound 0.6342
Australian Dollar 1.0123
Canadian Dollar 1.0184
Mexican Peso 13.7175
5.) Convert 2,000,000
US Dollars to Euros.
13
14. Currencies Exchange Rates (as of 5/22/12)
US Dollar 1
Japanese Yen 79.73
Euro 0.7840
British Pound 0.6342
Australian Dollar 1.0123
Canadian Dollar 1.0184
Mexican Peso 13.7175
6.) Convert 50,000
Australian Dollars to US
Dollars.
14
15. Currencies Exchange Rates (as of 5/22/12)
US Dollar 1
Japanese Yen 79.73
Euro 0.7840
British Pound 0.6342
Australian Dollar 1.0123
Canadian Dollar 1.0184
Mexican Peso 13.7175
7.) Convert 300,000
US Dollars to
Japanese Yen.
15
16. Would you rather have
10,000 US Dollars or
10,000 Euros? Explain your
answer.
16
17. BEFORE YOU LEAVE
Why is it important for people involved with business
to understand how to convert currencies?
Dollar to Yen
Dollar to Euro
17