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Currency Conversion Practice
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Currency Conversion Practice
💰 Part 1: Basic Currency Conversions
1. If 1 NZ Dollar = 0.65 US Dollars, how much is $20 NZD in US Dollars?
$13.00 USD
$15.00 USD
$30.77 USD
$12.50 USD
2. Sarah has $50 NZD. If 1 NZD = 0.85 AUD (Australian Dollars), how much money will she have in Australian Dollars?
Answer: $________ AUD
3. Which of these statements about currency exchange are true? (Tick all that apply)
Exchange rates change daily
Banks charge fees for currency exchange
All countries use the same currency
You need to convert money when travelling overseas
4. Tom wants to buy a toy that costs 15 British Pounds. If 1 GBP = $2.10 NZD, how much will the toy cost in New Zealand Dollars?
Answer: $________ NZD
🌍 Part 2: Real-World Currency Problems
5. The Johnson family is planning a holiday to Japan. They have budgeted $1,500 NZD for spending money. If 1 NZD = 85 Japanese Yen, how many Yen will they have?
127,500 Yen
17.65 Yen
1,585 Yen
85,000 Yen
6. Emma bought a book online from America for 25 US Dollars. If 1 USD = $1.55 NZD, how much did she pay in New Zealand Dollars? Show your working.
Answer: $________ NZD
7. At the airport currency exchange, Jake exchanged $100 NZD and received $75 AUD. What was the exchange rate from NZD to AUD?
1 NZD = $________ AUD
8. If 1 Euro = $1.80 NZD, which item costs more in New Zealand Dollars?
A shirt for 25 Euros
A shirt for $40 NZD
They cost the same
🤔 Part 3: Reflection Questions
9. Explain why exchange rates might change from day to day. Give at least one reason.
10. You're planning to visit three countries: Australia, Japan, and the United Kingdom. Explain why you would need to convert your New Zealand Dollars into different currencies for each country.
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