Currencies Memorandum 1. 25x3 = €75 60x3 = €180 Total €255 X 9.20 =ZAR ZAR8000 x 10 = ZAR200 x 10 = 2000 ZAR525 x 10 = 5250 x 4=21000 ZAR450 x 10 =4500 x 3 =13500 TotalZAR116500/12.50 =9320GBP

x 10= x 2= x 10 =750 x 2=1500 Total=9500/9.20 =€ Foreign Exchange 3.2 Travellers cheques Cash Debit Card 3.3 Travellers cheques

3.4More tourists will visit RSA More profit More job creation Will influence multiplier effect positively 3.5 The rate which ZAR can be exchanged for other currencies 3.6 Bank selling rate: The rate at which the bank sells foreign currency Bank buying rate: The rate at which the bank buys foreign currency $ x 4 =180 12$ x x4 =48 x 2 =96 Total $276 x 7.25 = ZAR2001 Budget ZAR Lunch R499 $68

x 2 =130 x 3= x 4 = 140 x 3= x 4 = 60 x 3= Total$1080 x 7.25 =R7830 Budget R3550 Already over budget

5. €400 x 8= €3200 x 9.20 = R29440/1.50 =19626Pula €720 x 8 x 4 =€23040 x 9.20= R211968/1.50 = Pula Pula 6. $450 x 7.25 = R £270 x = R3375 South African = R Rupee x 1.20 =R metical x 2.60 =R2600 British tourist spend the most

7.R5000/1.20= 4166Rupees MZM x 2 x x 2.60=R MZM x x 2.60=R x x 2.60=R x 2 x 3600 x 2.60=R x 2100 x 2.60= R x x 2.60= R520 Total= 15964

9 ZAR Yen x 11.75= BW x 1.50= 3000 Total=R = R12625/12.50 = £ Visiting friends and relatives 10.2 More space, comfortable, special toilets 10.3 Ramp/lift to airplane/parking close to airplane/special; toilets 10.4 R20000/7.25 =$2758

11 €200 x 9.20 = ZAR1840 € 150 x 9.20= ZAR 1380 Total= R £ £ £1.00 = £5.25 £ £1.00 = £10.25 x = R128.12