This introduction covers Planning Your Holiday Budget within Exchange Rates for GCSE Mathematics. Revise Exchange Rates in Ratio & Proportion for GCSE Mathematics with 12 exam-style questions and 22 flashcards. Use this page as part of a wider topic revision path rather than treating it as an isolated fact. It is section 1 of 8 in this topic. Use this introduction to connect the idea to the wider topic before moving on to questions and flashcards.
Planning Your Holiday Budget
You're planning a trip to Europe and need to work out how much money to take. The exchange rate from pounds to euros is £1 = €1.15, but the bank charges commission. How much will €500 actually cost you? Understanding exchange rates helps you budget for travel, compare prices internationally, and understand global economics.
Practice questions for Exchange Rates
The exchange rate is £1 = €1.15. How many euros would you get for £100?
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.