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How do you determine the exchange rate and use it to convert between two different currencies?

How do you determine the exchange rate and use it to convert between two different currencies?. For example: Alex’s Mom told him that she exchanged $100 for 84 Euros. What is the exchange rate? How many Euros can Alex get for $400?.

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How do you determine the exchange rate and use it to convert between two different currencies?

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  1. How do you determine the exchange rate and use it to convert between two different currencies? For example: Alex’s Mom told him that she exchanged $100 for 84 Euros. What is the exchange rate? How many Euros can Alex get for $400?

  2. In this lesson you will learn how to convert between two different currencies and find the exchange rate by solving proportions.

  3. Proportion Between Ratio 3 x 3 = 9 5 x 3 = 15 Within Ratio 3 x 1.5 = 5 9 x 1.5 = 15

  4. Proportions:

  5. Exchange Rates For their vacation to Germany Alex’s Mom exchanged $100 for 84 Euros. What is the exchange rate? How many Euros could Alex get for $400?

  6. Exchange Rate = Unit Rate of Euros per Dollar

  7. Between Ratio

  8. In this lesson you have learned how convert between currencies and find the exchange rate by solving proportions.

  9. Exchange Rate Jen is going on vacation to Japan. She exchanged $20 for 1,600 Yen. What was the exchange rate? How many Yen will she get for $400?

  10. Research the exchange rate between US Dollars and the currency of a different country that you want to travel to. Create a table of the your dream vacation expenses. How many US Dollars will you need to bring with you? How much is this in the foreign currency?

  11. Follow fluctuations of the exchange rate between the US dollar and a different country’s currency for one week. Display the fluctuations in the exchange rate in a table, graph, and with equations. Has the dollar gotten stronger or weaker? Brainstorm potential causes of the fluctuations.

  12. How many Pesos can Alice get for $400? • How many dollars can Alex get for 7,360 Yen?

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