Exchange Rates
x

What an exchange rate tells you

What an exchange rate tells you

Flowchart showing when to multiply or divide in exchange-rate questions, with branches for rates written as £1 = foreign currency and foreign currency 1 = pounds

A currency is the money used in a country, such as pounds, euros, or yen. An exchange rate tells you how much one currency is worth in another, for example £1 = €1.18.

Exchange Rates Lesson

  1. GCSE
  2. /Maths
  3. /Exchange Rates