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 on Edexcel IGCSE Maths Exchange Rates. Each one builds up to exam-style questions. 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.