Understanding Exchange Rates and Currency Conversion
Mei-Ling from Singapore is preparing to study in South Africa as an exchange student for three months. She needs to convert SGD to ZAR using an exchange rate of 1 SGD = 4.2 ZAR. Find out how much money she received in South African rand after exchanging 3,000 Singapore dollars.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
E N D
Presentation Transcript
Mathematics Unit 12: Exchange Rate What do we want to find out? What do we want to find out? Mei-Ling from Singapore was preparing to go to South Africa for 3 months as an exchange student. She needed to change some Singapore dollars (SGD) into South African rand (ZAR). What useful information do we know? What useful information do we know? What other mathematical techniques do we need to apply? What other mathematical techniques do we need to apply? QUESTION 12.1 Mei-Ling found out that the exchange rate between Singapore dollars and South African rand was: What have we learned? What have we learned? 1 SGD = 4.2 ZAR Mei-Ling changed 3 000 Singapore dollars into South African rand at this exchange rate. How much money in South African rand did Mei-Ling get?
Mathematics Unit 12: Exchange Rate What do we want to find out? What do we want to find out? Mei-Ling from Singapore was preparing to go to South Africa for 3 months as an exchange student. She needed to change some Singapore dollars (SGD) into South African rand (ZAR). What useful information do we know? What useful information do we know? What other mathematical techniques do we need to apply? What other mathematical techniques do we need to apply? QUESTION 12.1 Mei-Ling found out that the exchange rate between Singapore dollars and South African rand was: What have we learned? What have we learned? 1 SGD = 4.2 ZAR Mei-Ling changed 3 000 Singapore dollars into South African rand at this exchange rate. How much money in South African rand did Mei-Ling get? Back to start Back to start
Mathematics Unit 12: Exchange Rate What do we want to find out? What do we want to find out? Mei-Ling from Singapore was preparing to go to South Africa for 3 months as an exchange student. She needed to change some Singapore dollars (SGD) into South African rand (ZAR). What useful information do we know? What useful information do we know? What other mathematical techniques do we need to apply? What other mathematical techniques do we need to apply? QUESTION 12.1 Mei-Ling found out that the exchange rate between Singapore dollars and South African rand was: What have we learned? What have we learned? 1 SGD = 4.2 ZAR Mei-Ling changed 3 000 Singapore dollars into South African rand at this exchange rate. How much money in South African rand did Mei-Ling get? Back to start Back to start
Mathematics Unit 12: Exchange Rate What do we want to find out? What do we want to find out? Mei-Ling from Singapore was preparing to go to South Africa for 3 months as an exchange student. She needed to change some Singapore dollars (SGD) into South African rand (ZAR). What useful information do we know? What useful information do we know? What other mathematical techniques do we need to apply? What other mathematical techniques do we need to apply? QUESTION 12.1 Mei-Ling found out that the exchange rate between Singapore dollars and South African rand was: What have we learned? What have we learned? 1 SGD = 4.2 ZAR Mei-Ling changed 3 000 Singapore dollars into South African rand at this exchange rate. How much money in South African rand did Mei-Ling get? Back to start Back to start
Mathematics Unit 12: Exchange Rate What do we want to find out? What do we want to find out? Mei-Ling from Singapore was preparing to go to South Africa for 3 months as an exchange student. She needed to change some Singapore dollars (SGD) into South African rand (ZAR). What useful information do we know? What useful information do we know? What other mathematical techniques do we need to apply? What other mathematical techniques do we need to apply? QUESTION 12.1 Mei-Ling found out that the exchange rate between Singapore dollars and South African rand was: What have we learned? What have we learned? 1 SGD = 4.2 ZAR Mei-Ling changed 3 000 Singapore dollars into South African rand at this exchange rate. How much money in South African rand did Mei-Ling get? Back to start Back to start
Mathematics Unit 12: Exchange Rate What do we want to find out? What do we want to find out? Mei-Ling from Singapore was preparing to go to South Africa for 3 months as an exchange student. She needed to change some Singapore dollars (SGD) into South African rand (ZAR). What useful information do we know? What useful information do we know? What other mathematical techniques do we need to apply? What other mathematical techniques do we need to apply? QUESTION 12.2 On returning to Singapore after 3 months, Mei-Ling had 3 900 ZAR left. She changed this back to Singapore dollars, noting that the exchange rate had changed to: What have we learned? What have we learned? 1 SGD = 4.0 ZAR How much money in Singapore dollars did Mei-Ling get?
Mathematics Unit 12: Exchange Rate What do we want to find out? What do we want to find out? Mei-Ling from Singapore was preparing to go to South Africa for 3 months as an exchange student. She needed to change some Singapore dollars (SGD) into South African rand (ZAR). What useful information do we know? What useful information do we know? What other mathematical techniques do we need to apply? What other mathematical techniques do we need to apply? QUESTION 12.2 On returning to Singapore after 3 months, Mei-Ling had 3 900 ZAR left. She changed this back to Singapore dollars, noting that the exchange rate had changed to: What have we learned? What have we learned? 1 SGD = 4.0 ZAR How much money in Singapore dollars did Mei-Ling get? Back to start Back to start
Mathematics Unit 12: Exchange Rate What do we want to find out? What do we want to find out? Mei-Ling from Singapore was preparing to go to South Africa for 3 months as an exchange student. She needed to change some Singapore dollars (SGD) into South African rand (ZAR). What useful information do we know? What useful information do we know? What other mathematical techniques do we need to apply? What other mathematical techniques do we need to apply? QUESTION 12.2 On returning to Singapore after 3 months, Mei-Ling had 3 900 ZAR left. She changed this back to Singapore dollars, noting that the exchange rate had changed to: What have we learned? What have we learned? 1 SGD = 4.0 ZAR How much money in Singapore dollars did Mei-Ling get? Back to start Back to start
Mathematics Unit 12: Exchange Rate What do we want to find out? What do we want to find out? Mei-Ling from Singapore was preparing to go to South Africa for 3 months as an exchange student. She needed to change some Singapore dollars (SGD) into South African rand (ZAR). What useful information do we know? What useful information do we know? What other mathematical techniques do we need to apply? What other mathematical techniques do we need to apply? QUESTION 12.2 On returning to Singapore after 3 months, Mei-Ling had 3 900 ZAR left. She changed this back to Singapore dollars, noting that the exchange rate had changed to: What have we learned? What have we learned? 1 SGD = 4.0 ZAR How much money in Singapore dollars did Mei-Ling get? Back to start Back to start
Mathematics Unit 12: Exchange Rate What do we want to find out? What do we want to find out? Mei-Ling from Singapore was preparing to go to South Africa for 3 months as an exchange student. She needed to change some Singapore dollars (SGD) into South African rand (ZAR). What useful information do we know? What useful information do we know? What other mathematical techniques do we need to apply? What other mathematical techniques do we need to apply? QUESTION 12.2 On returning to Singapore after 3 months, Mei-Ling had 3 900 ZAR left. She changed this back to Singapore dollars, noting that the exchange rate had changed to: What have we learned? What have we learned? 1 SGD = 4.0 ZAR How much money in Singapore dollars did Mei-Ling get? Back to start Back to start
Mathematics Unit 12: Exchange Rate What do we want to find out? What do we want to find out? Mei-Ling from Singapore was preparing to go to South Africa for 3 months as an exchange student. She needed to change some Singapore dollars (SGD) into South African rand (ZAR). What useful information do we know? What useful information do we know? What other mathematical techniques do we need to apply? What other mathematical techniques do we need to apply? QUESTION 12.3 During these 3 months the exchange rate had changed from 4.2 to 4.0 ZAR per SGD. What have we learned? What have we learned? Was it in Mei-Ling s favour that the exchange rate was now 4.0 ZAR instead of 4.2 ZAR, when she changed her South African rand back to Singapore dollars? Give an explanation to support your answers.
Mathematics Unit 12: Exchange Rate What do we want to find out? What do we want to find out? Mei-Ling from Singapore was preparing to go to South Africa for 3 months as an exchange student. She needed to change some Singapore dollars (SGD) into South African rand (ZAR). What useful information do we know? What useful information do we know? What other mathematical techniques do we need to apply? What other mathematical techniques do we need to apply? QUESTION 12.3 During these 3 months the exchange rate had changed from 4.2 to 4.0 ZAR per SGD. What have we learned? What have we learned? Was it in Mei-Ling s favour that the exchange rate was now 4.0 ZAR instead of 4.2 ZAR, when she changed her South African rand back to Singapore dollars? Give an explanation to support your answers. Back to start Back to start
Mathematics Unit 12: Exchange Rate What do we want to find out? What do we want to find out? Mei-Ling from Singapore was preparing to go to South Africa for 3 months as an exchange student. She needed to change some Singapore dollars (SGD) into South African rand (ZAR). What useful information do we know? What useful information do we know? What other mathematical techniques do we need to apply? What other mathematical techniques do we need to apply? QUESTION 12.3 During these 3 months the exchange rate had changed from 4.2 to 4.0 ZAR per SGD. What have we learned? What have we learned? Was it in Mei-Ling s favour that the exchange rate was now 4.0 ZAR instead of 4.2 ZAR, when she changed her South African rand back to Singapore dollars? Give an explanation to support your answers. Back to start Back to start
Mathematics Unit 12: Exchange Rate What do we want to find out? What do we want to find out? Mei-Ling from Singapore was preparing to go to South Africa for 3 months as an exchange student. She needed to change some Singapore dollars (SGD) into South African rand (ZAR). What useful information do we know? What useful information do we know? What other mathematical techniques do we need to apply? What other mathematical techniques do we need to apply? QUESTION 12.3 During these 3 months the exchange rate had changed from 4.2 to 4.0 ZAR per SGD. What have we learned? What have we learned? Was it in Mei-Ling s favour that the exchange rate was now 4.0 ZAR instead of 4.2 ZAR, when she changed her South African rand back to Singapore dollars? Give an explanation to support your answers. Back to start Back to start
Mathematics Unit 12: Exchange Rate What do we want to find out? What do we want to find out? Mei-Ling from Singapore was preparing to go to South Africa for 3 months as an exchange student. She needed to change some Singapore dollars (SGD) into South African rand (ZAR). What useful information do we know? What useful information do we know? What other mathematical techniques do we need to apply? What other mathematical techniques do we need to apply? QUESTION 12.3 During these 3 months the exchange rate had changed from 4.2 to 4.0 ZAR per SGD. What have we learned? What have we learned? Was it in Mei-Ling s favour that the exchange rate was now 4.0 ZAR instead of 4.2 ZAR, when she changed her South African rand back to Singapore dollars? Give an explanation to support your answers. Back to start Back to start
