4. Anticipatory Set:
1.) Find, correct, and explain the mistake in the following
currency converting problem.
Convert 200 Euros to US Dollars.
0.6403
1
x 200
x = 128.06 US Dollars
4
5. Proportion for Today
Given amount
x of money
Exchange Rate
Exchange Rate
for Given amount
for x
of money
5
6. Currencies Exchange Rates (as of 5/10/10)
US Dollar 1
Japanese Yen 92.453
Euro 0.7846
British Pound 0.681
Australian Dollar 1.1255
Canadian Dollar 1.038
Mexican Peso 12.921
5,000
1.) Convert 5,000 0.7846 0.681
British Pounds to Euros.
6
7. Currencies Exchange Rates (as of 5/10/10)
US Dollar 1
Japanese Yen 92.453
Euro 0.7846
British Pound 0.681
Australian Dollar 1.1255
Canadian Dollar 1.038
Mexican Peso 12.921
1,000
2.) Convert 1,000 12.921 92.453
Japanese Yen to
Mexican Pesos.
7
8. Currencies Exchange Rates (as of 5/10/10)
US Dollar 1
Japanese Yen 92.453
Euro 0.7846
British Pound 0.681
Australian Dollar 1.1255
Canadian Dollar 1.038
Mexican Peso 12.921
20,000
3.) Convert 20,000 1.1255 1.038
Canadian Dollars to
Australian Dollars.
8
9. Currencies Exchange Rates (as of 5/10/10)
US Dollar 1
Japanese Yen 92.453
Euro 0.7846
British Pound 0.681
Australian Dollar 1.1255
Canadian Dollar 1.038
Mexican Peso 12.921
500,000
4.) Convert 500,000 1.038 12.921
Mexican Pesos to
Canadian Dollars.
9
10. Currencies Exchange Rates (as of 5/10/10)
US Dollar 1
Japanese Yen 92.453
Euro 0.7846
British Pound 0.681
Australian Dollar 1.1255
Canadian Dollar 1.038
Mexican Peso 12.921
2,500
5.) Convert 2,500 92.453 0.7846
Euros to Japanese
Yen.
10
11. Currencies Exchange Rates (as of 5/10/10)
US Dollar 1
Japanese Yen 92.453
Euro 0.7846
British Pound 0.681
Australian Dollar 1.1255
Canadian Dollar 1.038
Mexican Peso 12.921
3,000,000
6.) Convert 3,000,000 1.1255
0.681
Australian Dollars to
British Pounds.
11
12. Currencies Exchange Rates (as of 5/10/10)
US Dollar 1
Japanese Yen 92.453
Euro 0.7846
British Pound 0.681
Australian Dollar 1.1255
Canadian Dollar 1.038
Mexican Peso 12.921
600,000
12.921
7.) Convert 600,000 0.7846
Mexican Pesos to Euros.
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13. BEFORE YOU LEAVE
Explain to a student who was absent for the past two
days how to convert money between different
currencies.
13