1.5: Currency Exchange Assignment 1. Determine the equivalent for each exchange rate Starting Currency Amount Canadian dollar C$100 Euro €100 Mexican Peso MX$100 Japanese Yen JP¥100 Us Dollar US$100 British Pound £100 Convert to US dollars Exchange rate Amount Canadian dollars British pounds Chinese yuan Mexican pesos Japanese yen Euros Chinese Yuan CN¥100 2. Using the following exchange rates, calculate how much foreign currency you would receive for $200.00 CAD. a) $1.00 CAD is worth 1.72904 Brazilian reals b) $1.00 CAD is worth 8.71137 Moroccan dirhams c) $1.00 CAD is worth 7.72277 Ukrainian hryvinia d) $1.00 CAD is worth 3.19889 Polish zloty 3. Pierre is going on a work exchange program in Europe. He can fly from Paris, France to Athens, Greece, for €187. What would his flight cost in Canadian dollars? 4. The exchange rate for converting a Canadian dollar to the Swill franc (SFr) is 1.0542. How many Swiss francs will you get for $400.00 CAD? 5. On a trip to Disney World, Florida, Jenna used her Visa on the following amounts: Transportation US $35.99 Breakfast US $12.50 Lunch US $8.96 Dinner US $45.79 Park Tickets US $150.00 When she gets home, how much will her Visa bill be in Canadian dollars? 6. Calculate the value in Canadian dollars of an item that costs $449.75 Singapore dollars. C$1 = 0.75529 Singapore dollars. 7. Henry returns home to Whale Cove, Nunavut, after a trip to Europe. On his travels he purchased a jacket for 125.98 Euros. Calculate the value of Henry`s jacket in Canadian dollars. Assume that a euro is worth 1.3987 of a Canadian dollar. 8. The exchange rate between the South African rand and the Canadian dollar is 0.138469 (1 rand equals $0.138469 CAD). What is the cost in Canadian dollars of an item priced at 639.00 rand? Answers: 1a) $96.70 US b) $148.20 CAD c) 4.9 BP d) 7.3 CH Yuan e) $1276 MX f) 14855 JP Yen g) 10.2 Euros 2a) 345.81 BR 3) $277.13 CAD b) 1742.27 Mor 4) 421.7 SFr c)1544.5 Ukr d) 6039.8 Pol 5) $262.10 CAD 6) $595.47 CAD 7) $176.21 8) $88.48 CAD
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