Currency Conversion

Alex's old savings account had a $2.75 monthly maintenance fee, so he switched to a new account with no maintenance fees. How much does Alex save in a year?

• $2.75

• $33

• $27.50

• $66

If John exchanges 50 British pounds at an exchange rate of 1 US dollar equals 0.80 British pounds, how many USD will he receive?

• 40 USD

• 60 USD

• 62.5 USD

• 65 USD

If Sarah wants to buy a book that costs 40 euros and the exchange rate is 1 euro equals 1.1 US dollars, how many US dollars does Sarah need?

• 44 USD

• 40 USD

• 45 USD

• 50 USD

If Sarah has 60 US dollars and the exchange rate is 1 Canadian dollar equals 0.75 US dollars, how many Canadian dollars does Sarah have?

• 70 CAD

• 75 CAD

• 80 CAD

• 90 CAD

Jordan has $800 in their savings account. Each month a $25 fee is taken out for account maintenance. If Jordan does not deposit or withdraw any money, how much will they have after 8 months?

• $500

• $700

• $800

• $900

Samantha is traveling to Japan and wants to exchange 500 US dollars for Japanese yen. If the exchange rate is 1 US dollar equals 123 Japanese yen, how many Japanese yen will Samantha receive?

• 64500 JPY

• 63500 JPY

• 64000 JPY

• 61500 JPY

If 1 New Zealand Dollar (NZD) is equivalent to 0.5912 US Dollars (USD) and 1 Singapore Dollar (SGD) is equivalent to 1.3551 US Dollars (USD), which currency is the WEAKEST?

• New Zealand Dollar

• Singapore Dollar

• US Dollar

If Emily exchanges 50 US dollars for Euros at an exchange rate of 1 US dollar equals 0.85 Euros, how many Euros will she receive?

• 40 EUR

• 42.5 EUR

• 45 EUR

• 47.5 EUR

You are planning to buy a new smartphone. In the US, the model you want costs $1,199.99. In Germany, it costs €1,079.99 Euros. Should you buy the smartphone in the US or wait until you are in Germany for a business trip? The exchange rate is 1 USD = 0.85 EUR.

• The smartphone is about $100 cheaper in the US, buy it now.

• The smartphone is about $100 cheaper in Germany, wait until the business trip.

• The smartphone is about $70 more expensive in the US, wait until the business trip.

• The smartphone is about $70 more expensive in Germany, buy it now.