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An exchange rate is the value of one country's currency in relation to another country's currency. It tells you how much one currency is worth when converted to another.
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An exchange rate is the value of one country's currency in relation to another country's currency. It tells you how much one currency is worth when converted to another.
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A currency is a system of money (notes and coins) in general use in a particular country.
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A strong currency means that the currency has high values.
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A weak currency means that the currency has low values.
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Calculate the following exchange rates:
Part a· 2 steps
Identify the given exchange rate and the amount to convert.
Given:
Amount in Rands:Divide the amount in Rands by the exchange rate to find the equivalent amount in Pounds.
The number of pounds in is
Part c\text{}\ 2208.33\text{}$
\text{}\ 2208.33\text{}$
Identify the given exchange rate and the amount to convert.
Given:
\1 = R12.00\text{R}26,500$Divide the amount in Rands by the exchange rate to find the equivalent amount in Dollars.
The number of dollars in is
\boxed{\text{}\2208.33}$
Part b
Identify the cost of the camera in Pounds and the exchange rate.
Camera cost:
Exchange rate:Multiply the cost in Pounds by the exchange rate to find the equivalent cost in Rands.
The camera would cost in Rands.
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