Videos: Currency Conversions
exchange rates to answer these problems:
Currency In CAD (1 unit of foreign currency buys___CAD)
Australia (AUD) 0.8423 USA (USD) 1.1218
Russian Ruble (RUB) 0.1783 Euro (EUR) 1.4245
New Zealand (NZD) 0.7168 UK pounds (GBP) 1.6523
For example, 1 GBP = 1.6523 CAD
How much Canadian dollars will it take to buy:
(a) 500 Rubles?
(b) 500 Euros?
- You have decided to visit the Thrifty Market in downtown Bellingham. You purchase a quart bottle of Black Cherry Pop for $1.25 per bottle. Is this a better deal than Canadian Pop, which sells for $5.10 per six pack? Solve the problem by changing the US price into a Canadian price per Canadian six pack.
4 quarts = 1 US gallon 6 cans = 1 six pack
1 can of pop = 355 ml 1 gallon = 3.7843 liters.
1 liter = 1000 ml
- You are planning a winter surfing Vacation. You will begin on the North Shore in Hawaii, try to catch the fifty year storm at Bell’s Beach, Australia and finish your trip with a little longboarding on New Zealand’s North Island. You estimate you will need $500 in each currency.
(a) How much Canadian will you need to spend?
(b) When you land in Auckland NZ you discover that you still have $65 USD and $90 AUD in your wallet. How much NZD currency can you get?
Chapter Attribution
Video chapter in Business Mathematics by Chris Kellman, Leslie Major, Don Mallory, Frank Gruen, and Amy Goldlist shared under a CC BY-NC license.
