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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

Step-by-step lessons covering OCR GCSE Maths Exchange Rates for Foundation and Higher tier. Each lesson works through exam-style questions in the written papers format. Build fluency with number, ratio and algebra first, since geometry, probability and statistics topics rely on them, and leave extra time nearer the exam for Higher-tier problem-solving and multi-step reasoning questions.

Lessons