Robinson Tuition
Grade 4 · Foundation and Higher · free GCSE maths worksheet

Exchange rates and currency

Converting between currencies.

15 original questions, 47 marks. Print the worksheet, mark it with the answers sheet, and use the solutions to see every step written out by hand.

Worksheet PDFWorked solutions PDFAnswers PDF

The questions

1

The exchange rate is £1 = €1.14.

Nadia changes £250 into euros.

Work out how many euros she gets.

2 marks
Show answer
€285
2

A watch costs $234 in New York. The same watch costs £189 in London.
£1 = $1.30

How much cheaper is the watch in New York? Give your answer in pounds.

2 marks
Show answer
£9
3

On holiday in France, Callum sees a jacket priced at €84.

The exchange rate is £1 = €1.20.

Work out the cost of the jacket in pounds.

3 marks
Show answer
£70
4

Theo changes £320 into dollars.

The exchange rate is £1 = $1.30.

He is given as many $50 notes as possible, with the rest in smaller notes.

Work out the number of $50 notes Theo is given.

3 marks
Show answer
8
5

A games console costs £399 in London.

The same console costs €448.50 in Dublin.

The exchange rate is £1 = €1.15.

In which city is the console cheaper, and by how much? Give your answer in pounds.

3 marks
Show answer
Dublin, by £9
6

Mia wants to change £500 into euros.

  • Bank A: £1 = €1.14, no fee
  • Bank B: £1 = €1.17, with a fee of £5 taken off the £500 first

Which bank gives Mia more euros, and how many more?

3 marks
Show answer
Bank B, €9.15 more
7

In France, petrol costs €1.82 per litre. In the UK, petrol costs 152.9p per litre.
£1 = €1.15

In which country is petrol cheaper? Show your working.

3 marks
Show answer
UK (152.9p against about 158.3p)
8

A conversion graph for pounds to dollars is a straight line through (0, 0). The top point on the graph is £50 = $65.

  1. Work out the exchange rate, in dollars for £1.
  2. Use this rate to change £140 to dollars, even though the graph only goes up to £50.
  3. Change $247 to pounds.
3 marks
Show answer
a) $1.30 for £1 b) $182 c) £190
9

Ana is offered two jobs.

A job in Manchester pays £13.50 per hour.

A job in Berlin pays €16.24 per hour.

The exchange rate is £1 = €1.16.

Which job pays more per hour? You must show your working.

3 marks
Show answer
The Berlin job - €16.241.16 = £14.00 per hour, which is more than £13.50
10

Before a trip to America, Prav changes £400 into dollars at an exchange rate of £1 = $1.25.

In America he spends $380.

When he gets home, he changes his remaining dollars back into pounds at an exchange rate of £1 = $1.20.

Work out how many pounds Prav gets back.

3 marks
Show answer
£100
11

Olive oil is sold in two shops.

  • Spain: 750 ml for €6.30
  • UK: 500 ml for £4.20

£1 = €1.20

Which shop sells the olive oil at the better value? You must show your working.

4 marks
Show answer
Spain (0.70p per ml against 0.84p per ml)
12

Chocolate is sold in two shops.

  • Switzerland: 0.25 kg for 4.50 francs
  • UK: 400 g for £4.00

£1 = 1.10 francs

Which shop sells the chocolate at the better value? You must show your working.

4 marks
Show answer
UK (1.0p per g against about 1.6p per g)
13

A phone costs £520 in a UK shop.

In a New York shop the same phone costs $650 plus sales tax at 8%.

The exchange rate is £1 = $1.35.

Show that the phone costs the same in both shops.

3 marks
Show answer
New York total = 650 × 1.08 = $702; 7021.35 = £520, the same as the UK price
14

Mia is booking a holiday.

Her flights cost £186.

Her hotel costs €78 per night for 5 nights.

She also buys $260 of spending money.

The exchange rates are £1 = €1.20 and £1 = $1.30.

Work out the total cost of the holiday in pounds.

4 marks
Show answer
£711
15

In the USA petrol costs $3.60 per US gallon. 1 US gallon = 3.8 litres. £1 = $1.30.

  1. Work out the cost of 1 litre of petrol in the USA, in pence. Give your answer to the nearest penny.
  2. In the UK petrol costs 145p per litre. How much cheaper is it to buy 40 litres in the USA? Use your answer to part (a).
4 marks
Show answer
a) 73p b) £28.80

Every question here is original and written by Robinson Tuition. The grade follows the Edexcel grade descriptors and suits AQA and OCR too; this is not an exam-board paper.

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