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. 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
1.) Convert 500 US Dollars to
Canadian Dollars. 1 1.038
4
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
1,000
2.) Convert 1,000 British
0.681 1
Pounds to US Dollars.
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
6,000
3.) Convert 6,000 Japanese
92.453 1
Yen to US Dollars.
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
10,500
4.) Convert 10,500 US
1 12.921
Dollars to Mexican Pesos.
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
5.) Convert 2,000,000
US Dollars to Euros.
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
6.) Convert 50,000
Australian Dollars to US
Dollars.
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
7.) Convert 300,000
US Dollars to
Japanese Yen.
11
12. BEFORE YOU LEAVE
Why is it important for people involved with business
to understand how to convert currencies?
Dollar to Yen
Dollar to Euro
12