What an exchange rate tells you
What an exchange rate tells you
An exchange rate tells you how much one currency is worth in another currency. If the rate is written as £1=€1.18£1 = €1.18£1=€1.18, each pound can be exchanged for €1.18.
What an exchange rate tells you
What an exchange rate tells you
An exchange rate tells you how much one currency is worth in another currency. If the rate is written as £1=€1.18£1 = €1.18£1=€1.18, each pound can be exchanged for €1.18.
Step-by-step lessons covering Edexcel IGCSE Maths Exchange Rates for IGCSE Maths. Each lesson works through exam-style questions in Paper 1 and Paper 2 format. Build confidence with the shared Foundation-tier content first, since roughly 40% of Higher-tier marks are targeted at the grades 4–5 boundary that both tiers have in common.