## Exchange rate maths literacy

Mathematics Literacy . EXCHANGE RATE Mei-Ling from Singapore was preparing to go to South Africa for 3 months as an exchange student. She needed to change some Singapore dollars (SGD) into South African rand (ZAR). Question 1: EXCHANGE RATE M413Q01 - 019 Mei-Ling found out that the exchange rate between Singapore dollars and South African rand was: Exchange rate, how much one currency is worth in terms of the other Inflation rate , ratio of the change in the general price level during a year to the starting price level Interest rate , the price a borrower pays for the use of money they do not own (ratio of payment to amount borrowed) Finance (tax & exchange rates) Grade 12 Topic: 1.10 Finance (tax & exchange rates) The sites below require registration. Click on the tab menus below to view the content sections. • Interest rate is the rate at which interest is paid by a borrower for the use of money that they borrow from a lender. Stress that an interest rate is not an amount but a percentage such as 3%. • Repayment – the regular payment on the outstanding balance. • Per annum – per year . Name of Teacher: HOD: Grade Five: Currency and Exchange Rates 1 Content Standards The activities in this lesson correlate to national stan-dards in economics, social studies, mathematics, and language arts. See the end of this lesson for content standards information. Vocabulary barter cash checking account checks counterfeit credit debit card exchange money repayment period for the loan is 30 months at an interest rate of 11,25% per annum compounded half yearly. 2.1.1 Calculate how much Bongiwe will pay for the deposit. GAUTENG DEPARTMENT OF EDUCATION SENIOR SECONDARY INTERVENTION PROGRAMME MATHEMATICAL LITERACY GRADE 12 SESSION 3 (TEACHER NOTES) d. According to the previous answer the price increases by 39% in 4 months. To reach the end of the year it must thus go through another TWO 4 month periods, increasing by 39% twice.

## MINDSET LEARN GRADE 11 MATHS LITERACY MINDSET LEARN TEACHING RESOURCES – PUBLISHED 2013 3 Task Question 1 Use the following table to answer the questions: USD ($) GBP (£) EUR (€) ZAR (R) USD ($) 1 1.60 1.46 0.10 GBP (£) 0.63 1 0.91 0.066 EUR (€) 0.69 1.10 1 0.077 ZAR (R) 9,87 15,11 13,11 1 Question 1

This video explains how to convert between two different currencies given an exchange rate. It covers how to approach typical examination questions on Currency/Exchange Rates. Ideal for GCSE GAUTENG DEPARTMENT OF EDUCATION SENIOR SECONDARY INTERVENTION PROGRAMME MATHEMATICAL LITERACY GRADE 12 SESSION 1 (LEARNER NOTES) Page 5 of 49. Interest is not only calculated on a yearly basis; it may also be calculated on a quarterly, monthly, half-yearly or daily basis. Mathematics Literacy . EXCHANGE RATE Mei-Ling from Singapore was preparing to go to South Africa for 3 months as an exchange student. She needed to change some Singapore dollars (SGD) into South African rand (ZAR). Question 1: EXCHANGE RATE M413Q01 - 019 Mei-Ling found out that the exchange rate between Singapore dollars and South African rand was: Exchange rate, how much one currency is worth in terms of the other Inflation rate , ratio of the change in the general price level during a year to the starting price level Interest rate , the price a borrower pays for the use of money they do not own (ratio of payment to amount borrowed) Finance (tax & exchange rates) Grade 12 Topic: 1.10 Finance (tax & exchange rates) The sites below require registration. Click on the tab menus below to view the content sections.

### Maths Literacy; Grade 12; Finance (taxation; exchange rates) A Guide to Taxation and Exchange Rates; View Topics. Toggle navigation. Topics. Grade 10. Finance (exchange rates) Data Handling; Term 4 Revision; Exam Revision; Grade 12. Numbers and Calculations with Numbers; Measurement (conversions and time)

Success in Maths and Science unlocks opportunities. Sign up to get a head start on bursary and career opportunities. Use Siyavula Practice to get the best marks We look at the calculations that need to be mastered for the grade. Learner Video . Maths Literacy / Grade 11 MINDSET LEARN GRADE 11 MATHS LITERACY. MINDSET LEARN TEACHING RESOURCES – PUBLISHED 2013. 1. A Guide to Exchange Rates. Teaching Ratio and percentage to do everyday calculations, for example, fuel consumption , discount calculations, inflation and exchange rates. Should I take this subject? If

### We look at the calculations that need to be mastered for the grade. Learner Video . Maths Literacy / Grade 11

Ratio and percentage to do everyday calculations, for example, fuel consumption , discount calculations, inflation and exchange rates. Should I take this subject? If

## MINDSET LEARN GRADE 11 MATHS LITERACY MINDSET LEARN TEACHING RESOURCES – PUBLISHED 2013 3 Task Question 1 Use the following table to answer the questions: USD ($) GBP (£) EUR (€) ZAR (R) USD ($) 1 1.60 1.46 0.10 GBP (£) 0.63 1 0.91 0.066 EUR (€) 0.69 1.10 1 0.077 ZAR (R) 9,87 15,11 13,11 1 Question 1

Grade Five: Currency and Exchange Rates 1 Content Standards The activities in this lesson correlate to national stan-dards in economics, social studies, mathematics, and language arts. See the end of this lesson for content standards information. Vocabulary barter cash checking account checks counterfeit credit debit card exchange money repayment period for the loan is 30 months at an interest rate of 11,25% per annum compounded half yearly. 2.1.1 Calculate how much Bongiwe will pay for the deposit. GAUTENG DEPARTMENT OF EDUCATION SENIOR SECONDARY INTERVENTION PROGRAMME MATHEMATICAL LITERACY GRADE 12 SESSION 3 (TEACHER NOTES) d. According to the previous answer the price increases by 39% in 4 months. To reach the end of the year it must thus go through another TWO 4 month periods, increasing by 39% twice. Solutions for all Mathematical Literacy. Grade 11 Learner’s Book. The . Solutions for all Mathematical Literacy. series aims to be exactly what its name suggests – solutions for all learners, no matter what their level of ability or background. In the . Solutions for all Mathematical Literacy. Learner’s Book, every exercise and activity

Exchange rate, how much one currency is worth in terms of the other Inflation rate , ratio of the change in the general price level during a year to the starting price level Interest rate , the price a borrower pays for the use of money they do not own (ratio of payment to amount borrowed) Finance (tax & exchange rates) Grade 12 Topic: 1.10 Finance (tax & exchange rates) The sites below require registration. Click on the tab menus below to view the content sections. • Interest rate is the rate at which interest is paid by a borrower for the use of money that they borrow from a lender. Stress that an interest rate is not an amount but a percentage such as 3%. • Repayment – the regular payment on the outstanding balance. • Per annum – per year . Name of Teacher: HOD: Grade Five: Currency and Exchange Rates 1 Content Standards The activities in this lesson correlate to national stan-dards in economics, social studies, mathematics, and language arts. See the end of this lesson for content standards information. Vocabulary barter cash checking account checks counterfeit credit debit card exchange money repayment period for the loan is 30 months at an interest rate of 11,25% per annum compounded half yearly. 2.1.1 Calculate how much Bongiwe will pay for the deposit.