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Currency Conversion

Total questions: 9

Worksheet time: 5mins

Name
Class
Date
1.

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?

a)

$2.75

b)

$33

c)

$27.50

d)

$66

2.

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?

a)

40 USD

b)

60 USD

c)

62.5 USD

d)

65 USD

3.

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?

a)

44 USD

b)

40 USD

c)

45 USD

d)

50 USD

4.

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?

a)

70 CAD

b)

75 CAD

c)

80 CAD

d)

90 CAD

5.

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?

a)

$500

b)

$700

c)

$800

d)

$900

6.

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?

a)

64500 JPY

b)

63500 JPY

c)

64000 JPY

d)

61500 JPY

7.

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?

a)

New Zealand Dollar

b)

Singapore Dollar

c)

US Dollar

8.

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?

a)

40 EUR

b)

42.5 EUR

c)

45 EUR

d)

47.5 EUR

9.

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.

a)

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

b)

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

c)

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

d)

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