Step-by-Step Lesson

Learn: Exchange Rates - Calculating Exchange Rates (Worked Method)

iGCSE Business Studies [Edexcel]

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Steps in this lesson (10)

1
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Match the items on the left with their correct pairs on the right

2
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Match the items on the left with their correct pairs on the right

3
Multiple ChoiceInteractive

What does an exchange rate represent?

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4
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Match the items on the left with their correct pairs on the right

5
Math EquationInteractive

If £1 = $1.40, how much is £50 in US dollars?

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6
Fill in the BlankInteractive

To convert from your currency to a foreign currency, you need to {{blank0}} the amount by the exchange rate.

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7
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Match the items on the left with their correct pairs on the right

8
Multi-SelectInteractive

Which of the following are examples of how businesses use exchange rates? (Select all that apply)

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9
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Match the items on the left with their correct pairs on the right

10
typedAnswer

Match the items on the left with their correct pairs on the right

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