Converting currencies
You learn to change amounts in pounds to foreign money using an exchange rate.
How to work it out
- The exchange rate tells you how much foreign money you get for £1.
- Multiply the number of pounds by the rate.
1
20
1.25
25
£20 to dollars (rate 1.10)
- Look at the rate: 1 pound is 1.10 dollars.
- Multiply the number of pounds by the rate.
- Work out: 20 × 1.1 = 22.
- So £20 is 22 dollars.
More examples
£40 to Swiss francs (rate 0.95)
- Multiply the amount by the rate.
- Work out: 40 × 0.95 = 38.
- So £40 is 38 Swiss francs.
£10 to yen (rate 160)
- Multiply by the rate: 10 × 160 = 1600.
- So £10 is 1600 yen.