Ratio & ProportionAQAEdexcelOCRWJEC

Exchange Rates

Revise Exchange Rates in Ratio & Proportion for GCSE Mathematics with 12 exam-style questions and 22 flashcards. Use the notes, sample questions, and flashcards below to connect this topic to the rest of your GCSE revision plan.

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Planning Your Holiday Budget

Introduction 2

Key Facts: Exchange Rates

Key Facts 3

Understanding Exchange Rate Notation

Deep Dive 4

Exchange Rate Calculations Flow

Diagram 5

Real-World Exchange Rate Scenarios

Deep Dive 6

Exchange Rate Tips

Exam Tips 7

Advanced Exchange Rate Concepts

Deep Dive 8

Knowledge Organiser: Exchange Rates

Summary

Sample Flashcards

What is an exchange rate?

The rate at which one currency can be exchanged for another currency.

What is a fixed fee in currency exchange?

A set amount charged regardless of the transaction size (e.g., £5 per transaction).

Exam questions for Exchange Rates

The exchange rate is £1 = €1.15. How many euros would you get for £100?

A. €86.96
B. €100
C. €115
D. €1.15

1 markfoundation

The exchange rate is £1 = $1.25. A jacket costs £89 in the UK and $105 in the USA. In which country is the jacket cheaper? Show your working.

3 marksstandard

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