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Currency Exchange Conversions
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Currency Exchange Conversions
💰 Part 1: Understanding Currency Exchange
1. What is currency exchange? Explain in your own words:
2. If the exchange rate is 1 NZD = 0.65 USD, which statement is correct?
New Zealand dollars are worth more than US dollars
US dollars are worth more than New Zealand dollars
Both currencies have the same value
3. You want to buy adventure gear from an American website. Why do you need to convert your NZ dollars?
🧮 Part 2: Currency Conversion Practice
Exchange Rate: 1 NZD = 0.65 USD
4. Convert $20 NZD to USD. Show your working:
Answer: $________ USD
5. Convert $50 NZD to USD. Show your working:
Answer: $________ USD
6. You have $100 NZD for your trip to America. How much USD will you receive?
Answer: $________ USD
7. Estimation Challenge: Without calculating exactly, estimate how much $75 NZD would be in USD. Explain your thinking:
My estimate: $________ USD
🌍 Part 3: Real-World Application
8. You want to buy a backpack online that costs $45 USD. Using the exchange rate 1 NZD = 0.65 USD, how much NZD do you need? (Hint: You'll need to work backwards!)
Answer: $________ NZD
9. Check all the mathematical vocabulary words you used today:
Exchange rate
Convert
Multiply
Divide
Estimate
Decimal
10. Reflection: Describe in 2-3 sentences how to convert NZD to USD:
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