Exchange Rates Demonstration This resource provides animated demonstrations

Exchange Rates – Demonstration This resource provides animated demonstrations of the mathematical method. Check animations and delete slides not needed for your class.

In The Land of the Pirates , 1 diamond is worth 4 gold coins. You can exchange: diamonds to coins & coins to diamonds.

In The Land of the Pirates , 1 diamond is worth 4 gold coins. You can exchange: diamonds to coins & coins to diamonds. Use this exchange rate to calculate how many gold coins you get for… Use this exchange rate to calculate how many diamonds you get for… 8 gold coins × 16 4 diamonds 12 gold coins × 20 5 diamonds 10 gold coins Multiply the quantity of diamonds by 4. What is the calculation you used? diamonds × 6 the quantity of 1. 5 Divide coins by 4. What is the calculation you used?

× 4 The exchange rate between diamonds and coins is: 1 D = 4 C To convert diamonds to coins, we multiply by 4. To convert coins to diamonds, we divide by 4. This is the exchange rate between British Pounds and Brazilian Real. × 5 R 5 £ 1 ÷ 5 ÷ 4 Use the exchange rate to calculate: £ 2 = R 10 R 15 = £ 3 £ 5 = R 25 R 55 = £ 11 £ 2. 50 = R 12. 50 R 12 = £ 2. 40 £ 4. 50 = R 22. 50 R 24 = £ 4. 80

DEMO Exchange Rates Mark wants to exchange £ 20 into Australian Dollars. The exchange rate is × 2. 5 £ 1 = $2. 5 ÷ 2. 5 How many Australian Dollars does he get? 20 × 2. 5 = 50 $ 50

DEMO Exchange Rates Mary wants to exchange $60 Australian into British Pounds. The exchange rate is × 2. 5 £ 1 = $2. 5 ÷ 2. 5 How many British Pounds does she get? 60 ÷ 2. 5 = 24 £ 24

DEMO YOUR TURN Exchange Rates Mary wants to exchange $60 Australian into British Pounds. Ashley wants to exchange £ 55 into Australian Dollars. The exchange rate is × 2. 5 £ 1 = $2. 5 ÷ 2. 5 How many British Pounds does she get? 60 ÷ 2. 5 = 24 £ 24 How many Australian Dollars does he get? 55 × 2. 5 = 137. 5 $ 137. 50

DEMO YOUR TURN Exchange Rates Mary wants to exchange $60 Australian into British Pounds. Hannah wants to exchange $150 Australian into British Pounds. The exchange rate is × 2. 5 £ 1 = $2. 5 ÷ 2. 5 How many British Pounds does she get? 60 ÷ 2. 5 = 24 £ 24 How many British Pounds does she get? 150 ÷ 2. 5 = 60 £ 60

DEMO Exchange Rates Todd wants to exchange £ 70 into Chinese Yuan. The exchange rate is × 8. 35 £ 1 = ¥ 8. 35 ÷ 8. 35 How many Chinese Yuan does he get? 70 × 8. 35 = 584. 50 ¥ 584. 50

DEMO Exchange Rates Sophie wants to exchange ¥ 1000 into British Pounds. The exchange rate is × 8. 35 £ 1 = ¥ 8. 35 ÷ 8. 35 How many British Pounds does she get? 1000 ÷ 8. 35 = 119. 760479 £ 119. 76

DEMO Exchange Rates Sophie wants to exchange ¥ 1000 into British Pounds. Julie wants to exchange ¥ 560 into British Pounds. The exchange rate is × 8. 35 £ 1 = ¥ 8. 35 ÷ 8. 35 How many British Pounds does she get? 1000 ÷ 8. 35 = 119. 760479 560 ÷ 8. 35 = 67. 065… £ 119. 76 £ 67. 07

DEMO Exchange Rates Sophie wants to exchange ¥ 1000 into British Pounds. Adam wants to exchange £ 130 into Chinese Yuan. The exchange rate is × 8. 35 £ 1 = ¥ 8. 35 ÷ 8. 35 How many British Pounds does she get? How many Chinese Yuan does he get? 1000 ÷ 8. 35 = 119. 760479 130 × 8. 35 = 1085. 5 £ 119. 76 ¥ 1085. 50

Use these exchange rates to convert the quantities between the currencies (systems of money). Pound to Chinese Yuan Pound to Russian Ruble £ 1 = ¥ 8. 4 £ 1 = R 82 Pound to Indian Rupee Singapore Dollar to Pound £ 1 = ₹ 95. 3 $1 = £ 1. 78 a) £ 20 = ¥ f) £ 120 = R k) ¥ 100 = R b) ¥ 50 = £ g) ₹ 350 = £ l) $ 124 = ₹ c) £ 25 = R h) £ 22. 50 = ₹ m) R 5200 = $ d) R 350 = £ i) $ 86 = £ n) 60 cents = ¥ e) £ 85 = ₹ j) £ 254 = $ o) ¥ 45. 3 = ₹

Use these exchange rates to convert the quantities between the currencies (systems of money). Pound to Chinese Yuan £ 1 = ¥ 8. 4 Pound to Indian Rupee Pound to Russian Ruble £ 1 = R 82 Singapore Dollar to Pound £ 1 = ₹ 95. 3 $1 = £ 1. 78 a) £ 20 = ¥ 168 f) £ 120 = R 9840 k) ¥ 100 = R b) ¥ 50 = £ 5. 95 g) ₹ 350 = £ 3. 67 l) $ 124 = ₹ c) £ 25 = R 2050 h) £ 22. 50 = ₹ 2144. 25 m) R 5200 = $ d) R 350 = £ 4. 27 i) $ 86 = £ 153. 08 n) 60 cents = ¥ e) £ 85 = ₹ 8100. 50 j) £ 254 = $ 142. 70 o) ¥ 45. 3 = ₹

Use these exchange rates to convert the quantities between the currencies (systems of money). Pound to Chinese Yuan £ 1 = ¥ 8. 4 Pound to Indian Rupee Pound to Russian Ruble £ 1 = R 82 Singapore Dollar to Pound £ 1 = ₹ 95. 3 $1 = £ 1. 78 a) £ 20 = ¥ 168 f) £ 120 = R 9840 k) ¥ 100 = R 976. 19 b) ¥ 50 = £ 5. 95 g) ₹ 350 = £ 3. 67 l) $ 124 = ₹ 21034 c) £ 25 = R 2050 h) £ 22. 50 = ₹ 2144. 25 m) R 5200 = $ 35. 63 d) R 350 = £ 4. 27 i) $ 86 = £ 153. 08 n) 60 cents = ¥ 8. 97 e) £ 85 = ₹ 8100. 50 j) £ 254 = $ 142. 70 o) ¥ 45. 3 = ₹ 513. 94

Questions? Comments? Suggestions? …or have you found a mistake!? Any feedback would be appreciated . Please feel free to email: tom@goteachmaths. co. uk