Exchange Rates & Currency Conversion


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question 1 of 3

If 1 US dollar is worth 0.80 Euros, what is the exchange rate for converting Euros to US dollars?

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1. The exchange rate for converting US dollars to Chinese yuan is 6.11. How much is 600 US dollars worth in China?

2. Molly is traveling from France to the US. She knows that 1 US dollar is worth 0.80 Euros. How much is 350 Euros worth in US dollars?

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About This Quiz & Worksheet

Exchange rates play an important role in performing currency conversions, and this quiz and worksheet will help you test your understanding of these conversions. For the most part, this quiz will ask you to perform currency conversions in real-world examples.

Quiz & Worksheet Goals

In these assessments, you'll be tested on:

  • How to define exchange rates
  • How to perform currency conversions

Skills Practiced

This quiz and worksheet allows students to test the following skills:

  • Reading comprehension - ensure that you draw the most pertinent information about exchange rates and currency conversions from the related lesson
  • Making connections - use understanding of basic mathematics to perform currency conversions using exchange rates
  • Problem solving - use acquired knowledge to solve currency conversion practice problems

Additional Learning

To learn more about exchange rates and currency conversions, review the related lesson Exchange Rates & Currency Conversion. This lesson covers the following objectives:

  • Define exchange rates
  • Define their role in currency conversions
  • Understand how to use exchange rates to perform currency conversions
  • Demonstrate your ability to perform currency conversions