1) Exchange £500 into USD at £1=$1.60 a) $700 b) $800 c) $860 d) $900 2) Exchange £1200 into USD at £1=$1.75 a) $1750 b) $2000 c) $2100 d) $1950 3) Exchange £3200 into USD at £1=$1.34 a) $4882 b) $4828 c) $4822 d) $4288 4) You are an American going on holiday to the UK. Convert $4000 into GBP at $1=£1.45 a) £5800 b) £5500 c) £4800 d) £5845 5) You are an American going on holiday to the UK. Convert $750 into GBP at $1=£1.33 a) £799.50 b) £897.50 c) £997.50 d) £800.50 6) You have returned from your holiday to France and need to exchange your 500Euros back into GBP. £1=1.65 Euros  a) £825 b) £303.03 7) You have returned from your holiday to Spain and need to exchange your 350Euros back into GBP. £1=1.24 Euros a) 282.26 b) 434

N5 Economics Exchange Rates - Calculating Exchange Rates

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