Real-Life Math © Scholastic Teaching Resources
5. Shopping With Foreign Money
A “perfect gift” from Germany costs only 66 marks!
Quick Reference
But is it worth
the price? This lesson will
$ To change U.S. dollars into foreign
currency X: Multiply the amount of
U.S. dollars by the number of X in 1
U.S. dollar.
$ To change foreign currency X into
U.S. dollars:
1. Divide the total amount of X by the
number of X in 1 U.S. dollar.
2. Round your answer to the nearest cent.
show you how to convert from one country’s money
(currency) to another.
Canada
1.50 Canadian dollars = 1 U.S. dollar
France
7.08 francs = 1 U.S. dollar
Britain
.67 pound = 1 U.S. dollar
Japan
118 yen = 1 U.S. dollar
Germany
2.11 marks = 1 U.S. dollar
The equivalent value of one country’s money to another changes from day to day. The conversions given in this lesson may not be valid at the time you actually shop abroad. Use them only
to do questions 1–6 on page 86. When you need to know the current value of 1 U.S. dollar in
foreign currency, check with your bank or in the travel section of the newspaper.
On Your Own
Make up a shopping list for a country you would like to visit.
Find out from a bank how much 1 U.S. dollar is worth in that
country’s currency.
Item
Cost in Foreign Currency
Cost in U.S. Dollars
85
Real-Life Math © Scholastic Teaching Resources
Use what you’ve learned.
1. Upon arrival in each of the countries listed
below, you immediately change 500 U.S.
dollars to the local currency. How much do
you have in each currency?
500
x 130
———
65,000
65,000
Japan: ............................yen
France: ............................francs
Germany:........................marks
4. You wish to buy a radio in Japan that sells for
2795 yen. How much is it in U.S. dollars?
______________
5. A wonderful French dinner costs you 75 francs.
How many U.S. dollars are you spending?
______________
Britain: ............................pounds
Canada: ..........................Canadian dollars
6. The rain in England forced you to buy an umbrella for 8 pounds. How much is it in U.S. dollars?
2. You are sending a bottle of perfume to a friend
in Japan. It cost you 24 U.S. dollars. How
much is it in yen?
______________
3. Your friend in Germany has asked you to buy a
tennis racket that costs 35 U.S. dollars. How
many marks should your friend send?
______________
86
______________
Page 86
Use what you’ve learned.
1. Japan
France
Germany
Britain
Canada
2.
3.
4.
5.
6.
59,000 yen
3,540 francs
1,055 marks
335 pounds
750 Canadian pounds
2832 yen
73,85 marks
$23.69
10.59 francs
$11.94