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E1.15 Currency 2AB Topic Booklet 1,2,3
E1.15 Currency 2AB Topic Booklet 1,2,3
E1.15 Currency 2AB Topic Booklet 1,2,3
u k f or m or e a w es o m e r es o ur c es
Q u esti o n 1
Difficulty: Easy
Question Paper 1
Level IGCSE
Subject Maths (0580/0980)
Exam Board CIE Q u esti o n 2
Topic Number
Sub‐Topic Currency O m ar c h a n g es 2 0 0 0 S a u di Ar a bi a n ri y als ( S A R) i nt o e ur os ( €) w h e n t h e e x c h a n g e r at e is € 1 = 5. 0 8 7 S A R.
Score: /28
Percentage: /100
Grade Boundaries:
2
H e a d t o s a v e m y e x a ms. c o. u k f or m or e a w es o m e r es o ur c es H e a d t o s a v e m y e x a ms. c o. u k f or m or e a w es o m e r es o ur c es
Q u esti o n 3 Q u esti o n 5
C arl os c h a n g e d $ 9 5 0 i nt o e ur os ( €) w h e n t h e e x c h a n g e r at e w as € 1 = $ 1. 3 6 8 . 8 O n a s hi p, t h e pri c e of a gift is 2 4 e ur os ( €) or $ 3 0.
[ 2]
C al c ul at e h o w m a n y e ur os C arl os r e c ei v e d. W h at is t h e diff er e n c e i n t h e pri c e o n a d a y w h e n t h e e x c h a n g e r at e is € 1 = $ 1. 2 3 7 8 ?
Gi v e y o ur a ns w er i n d oll ars, c orr e ct t o t h e n e ar est c e nt. [ 3]
Q u esti o n 4
J a m es b u y s a dri n k f or 2 e ur os ( €). Q u esti o n 6
W or k o ut t h e c ost of t h e dri n k i n p o u n ds ( £) w h e n £ 1 = € 1. 2 5 2 . [ 3] 1 $ 1 = 8. 2 r a n d
Gi v e y o ur a ns w er c orr e ct t o 2 d e ci m al pl a c es. [ 2]
C h a n g e $ 3 5 0 i nt o r a n ds.
3 4
H e a d t o s a v e m y e x a ms. c o. u k f or m or e a w es o m e r es o ur c es H e a d t o s a v e m y e x a ms. c o. u k f or m or e a w es o m e r es o ur c es
Q u esti o n 7 Q u esti o n 9
6 C arl o c h a n g e d 8 0 0 e ur os ( €) i nt o d oll ars f or his h oli d a y w h e n t h e e x c h a n g e r at e w as € 1 = $ 1. 5 0 .
13 M arti n a c h a n g e d 2 0 0 S wiss fr a n cs ( C H F) i nt o e ur os ( €). [ 2]
C al c ul at e, i n d oll ars, h o w m u c h m or e J a n e p a ys.
His h oli d a y w as t h e n c a n c ell e d.
H e c h a n g e d all his d oll ars b a c k i nt o e ur os a n d h e r e c ei v e d € 7 5 0. T h e e x c h a n g e r at e w as € 1 = 1. 1 4 C H F.
Fi n d t h e n e w e x c h a n g e r at e. [ 3] C al c ul at e h o w m u c h M arti n a r e c ei v e d.
Gi v e y o ur a ns w er c orr e ct t o t h e n e ar est e ur o. [ 3]
Q u esti o n 1 0
6 G e or g e a n d his fri e n d J a n e b u y c o pi es of t h e s a m e b o o k o n t h e i nt er n et.
Q u esti o n 8 G e or g e p a ys $ 1 6. 9 5 a n d J a n e p a ys £ 1 1. 9 9 o n a d a y w h e n t h e e x c h a n g e r at e is $ 1 = £ 0. 6 2 6.
3 C hris c h a n g es $ 1 3 5 0 i nt o e ur os ( €) w h e n € 1 = $ 1. 3 1 3 . [ 2]
C al c ul at e, i n d oll ars, h o w m u c h m or e J a n e p a ys.
C al c ul at e h o w m u c h h e r e c ei v es. [ 2]
5 6
H e a d t o s a v e m y e x a ms. c o. u k f or m or e a w es o m e r es o ur c es
Q u esti o n 1 1
1 S h eil a c a n p a y h er h ot el b ill i n E ur os ( €) or P o u n ds ( £).
T h e bill w as € 4 2 5 or £ 3 6 5 w h e n t h e e x c h a n g e r at e w as £ 1 = € 1. 1 4 .
I n w hi c h c urr e n c y w as t h e bill c h e a p er ?
S h o w all y o ur w or ki n g. [ 2]
Q u esti o n 1 2
T h e tr ai n f ar e fr o m B a n g k o k t o C hi a n g M ai is 7 6 8 b a ht.
T h e e x c h a n g e r at e is £ 1 = 4 8 b a ht.
[ 2]
C al c ul at e t h e tr ai n f ar e i n p o u n ds ( £).
7
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Question 1
Gregor changes $700 into euros (€) when the rate is €1 = $1.4131 .
Currency
Difficulty: Easy
Question Paper 2
Level IGCSE
Subject Maths (0580/0980)
Exam Board CIE
Topic Number
Sub‐Topic Currency
Question 2
Paper Paper 2
12 Alberto changes 800 Argentine pesos (ARS) into dollars ($) when the rate is $1 = 3.8235 ARS.
Difficulty Easy He spends $150 and changes the remaining dollars back into pesos when the rate is [3]
Booklet Question Paper 2 $1 = 3.8025 ARS.
Score: /30
Percentage: /100
Grade Boundaries:
2
Question 4
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Question 3 (a) She travelled the 65 km from Tokyo to Narita Airport by taxi.
[2]
5 A meal on a boat costs 6 euros (€) or 11.5 Brunei dollars ($). The taxi journey cost 300 yen (¥) per kilometre plus a fixed charge of ¥ 700.
In which currency does the meal cost less, on a day when the exchange rate is €1 = $1.9037? Calculate the cost of the taxi journey.
Write down all the steps in your working. [2]
(b) At Narita Airport, Reina changed ¥ 71 190 into New Zealand dollars (NZ$).
3 4
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Question 7
Question 5
The air fare from Singapore to Stockholm can be paid for in Singapore dollars (S$) or Malaysian Michel changed $600 into pounds (£) when the exchange rate was £1 = $2.40.
Ringitts (RM). He later changed all the pounds back into dollars when the exchange rate was £1 = $2.60.
[2]
One day the fare was S$740 or RM1900 and the exchange rate was S$1= RM2.448 .
How many dollars did he receive?
How much less would it cost to pay in Singapore dollars?
[3]
Give your answer in Singapore dollars correct to the nearest Singapore dollar.
Question 8
Ricardo changed $600 into pounds (£) when the exchange rate was $1 = £0.60.
He later changed all the pounds back into dollars when the exchange rate was $1 = £0.72. [2]
Question 6 How many dollars did he receive?
In France, the cost of one kilogram of apricots is €3.38 .
In the UK, the cost of one kilogram of apricots is £4.39 .
£1 = €1.04 .
Calculate the difference between these prices. [2]
Give your answer in pounds (£).
5 6
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Question 9 Question 11
In January Sunanda changed £25 000 into dollars when the exchange rate was $1.96 = £1. 11 In April 2001, a bank gave the following exchange rates.
In June she changed the dollars back into pounds when the exchange rate was $1.75 = £1. [3] 1 euro = 0.623 British pounds.
Calculate the profit she made, giving your answer in pounds (£). 1 euro = 1936 Italian lire.
(a) Calculate how much one pound was worth in lire. [2]
(b) Calculate how much one million lire was worth in pounds. [1]
Question 10
5 A holiday in Europe was advertised at a cost of €245.
The exchange rate was $1 = €1.06.
Calculate the cost of the holiday in dollars, giving your answer correct to the nearest cent. [2]
Question 12
Alejandro goes to Europe for a holiday.
He changes 500 pesos into euros at an exchange rate of 1 euro = 0.975 pesos.
How much does he receive in euros? Give your answer correct to 2 decimal places. [2]
7 8
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Question 1
For her holiday, Alyssa changed 2800 Malaysian Ringgits (MYR) to US dollars ($) when the exchange rate
Difficulty: Hard (a) How many dollars did she spend? [2]
Question Paper 1
Level IGCSE
Subject Maths (0580/0980)
Exam Board CIE
Topic Number
Sub‐Topic Currency
Paper Paper 2
Difficulty Hard (b) She changed the $210 for 750 MYR.
Booklet Question Paper 1 What was the exchange rate in dollars for 1 MYR? [1]
Score: /21
Percentage: /100
Grade Boundaries:
2
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Question 2 Question 3
10 The table shows how the dollar to euro conversion rate changed during one day. 13 Pam wins the student of the year award in New Zealand.
She sends three photographs of the award ceremony by post to her relatives.
Time 10 00 1100 12 00 13 00 14 00 15 00 16 00
● one of size 13 cm by 23 cm to her uncle in Australia
$1 €1.3311 €1.3362 €1.3207 €1.3199 €1.3200 €1.3352 €1.3401 ● one of size 15 cm by 23 cm to her sister in China
● one of size 23 cm by 35 cm to her mother in the UK
Khalil changed $500 into euros (€).
Maximum lengths Australia Rest of the world
How many more euros did Khalil receive if he changed his money at the highest rate compared to the
lowest rate? 13 cm by 23.5 cm $1.90 $2.50
3 4
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Question 4 Question 6
8 (a) In October the cost of a car in euros was €20 000.
12 Federico changed 400 euros (€) into New Zealand dollars (NZ$) at a rate of €1 = NZ$ 2.1 . The cost of this car in pounds was £14 020.
He spent x New Zealand dollars and changed the rest back into euros at a rate of €1 = NZ$ d. Calculate the exact value of the exchange rate in October. [1]
Find an expression, in terms of x and d, for the number of euros Federico received. [3]
(b) In November the car still cost €20 000 and the exchange rate was €1 = £0.6915.
Calculate the difference, in pounds, between the cost in October and November. [2]
Question 5
(a) In 2007, a tourist changed 4000 Chinese Yuan into pounds (£) when the exchange rate was
£1 = 15.2978 Chinese Yuan.
Calculate the amount he received, giving your answer correct to 2 decimal places.
[2]
5 6
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Question 7
2 The graph below can be used to convert between euros (e) and pounds (£).