1. Week 15 Currency conversion
Functional MATHS
Week 15
Currency conversion

2. Starter Activity
Some members of the Maths Department are sitting at a round table ready to enjoy their dinner. DAVE is two along from ANNE, who is sitting next to BOB. CLAIRE is also sitting two along from ANNE. Next to CLAIRE is EDDIE. DAVE has EDDIE on one side
and FRED on the other.
Where is everyone sitting?
FRED

3. Starter Activity - ANSWERS
CLAIRE
EDDIE
BOB
DAVE
ANNE
FRED

4. Recap – what did we do last lesson?

5. What are we going to do today?
Problem solving and currency conversion
Develop ways to approach problems enabling you to solve them
Convert from GBP to other currencies and back

6. Problem Solving
A team activity

7. Spot the mistake! Get in to pairs (you are a team)
Each team has 2 or 3 different problems
The solution for each problem is wrong!
You need to find the correct solution
Make sure you show a check by using a different method

8. Team A

9. Team B

10. Team C

11. Team D

12. Team E

13. Functional Skills Task
Problem solving

14. Saving Energy (Level 1)

15. New TV(Level 2)

16. How did we do? How did you decide to start the problem?
What might you do differently in future?

17. Currency Conversion

18. Flags and Currencies 1) 2) 3) 4) 5) 6) British Pound Euro U.S. Dollar
Australian Dollar 5)
Yen 6)
Swiss Franc

19. Why would you convert currency?

20. What is an exchange rate?

21. Constantly Changing

22. How to exchange currency?
I know £1 =  ฿43.56 (Thai Baht) what would I do to find how much £100 is?
£100 x Baht = 4356 Baht
Convert the following amounts to Thai Baht.
a) £10 b) £50 c) £135
Baht
Baht
2178 Baht

23. Exchanging Currency €56.50 $75.50 $72.50 105.50 Lv ¥ 6964.50
Using the table on the right, convert £50 to the following currencies
Euros
US Dollars
Australian Dollars
Bulgarian Lev
Japanese Yen
€56.50
$75.50
$72.50 Lv ¥

24. What have you learned to do?
Using the following words, write an explanation of what you just did? Currency Multiplication/Multiply British Pounds

25. How to exchange currency?
I know £1 = ฿43.56 (Thai Baht) how would I work out how many pounds, 1000 Baht is?
1000 Baht ÷ = £
= £22.96
Convert the following amounts to British Pounds (GBP).
a) 200 Baht b) 1400 Baht c) 70 Baht
£4.59
£32.14
£1.61

26. Exchanging Currency £176.99 £132.45 £137.93 £94.79 £1.44
Using the table on the right, convert 200 of the countries currency to GBP (£). Round to 2 decimal places
200 Euros
200 US Dollars
200 Aussie Dollars
200 Bulgarian Lev
200 Japanese Yen
£176.99
£132.45
£137.93
£94.79
£1.44

27. What have you learned to do?
Using the following words, write an explanation of what you just did? Currency Division/Divide British Pounds

28. You’re going on holiday!
You will be working in small groups
Each group is visiting a different city
Work out the answer to your financial dilemmas
You will be feeding it back to the other groups

29. On the plane to...

31. Paris, France £1 = €1.13
I have taken my family to Paris to climb the Eiffel Tower. I convert £200 to Euros.
Calculate how many Euros £200 pounds is?
I spend 163 Euros will visiting Paris. When returning to England I exchange my Euros to Pounds. Calculate how many pounds I have?
200 x 1.13 = €226
€226 – €163 = € 63
€ 63 ÷ 1.13 = £55.75

32. Visiting the Eiffel Tower £1 = €1.13
2 Adults, A 14 year old boy, and two 7 year olds take the lift entrance to the top. How much would this cost in Pounds?
Total Cost = €62
€62 ÷ 1.13 = £54.87

33. On the plane to...

35. New York, USA £1 = $1.51
I now take my family to New York. I convert £350 to US Dollars.
Calculate how many US dollars I have?
I spend $276 on my visit to New York and return to England. I convert my remaining money to Pounds. Calculate the remaining to GPB (£)?
350 x 1.51 = $528.50
$ $276 =
÷ 1.51 = £167.22

36. Empire State Building £1 = $1.51
2 Adults, 3 children and a senior visit the Main and Top Deck of the Empire State building. Calculate the cost in pounds of this experience?
Total Cost = $231
$231 ÷ 1.51 = £152.98

37. On the plane to...

39. Sydney, Australia £1 = $1.45
I now take my family to Sydney. I convert £1200 to Australian Dollars.
Convert £1200 to Aussie Dollars?
I spend $1476 Dollars whilst in Sydney. I convert the remaining currency back to Pounds. How many pounds and pence do I have?
1200 x 1.45 = $1740
$ $1476 = $ 264
$264 ÷ 1.45 = £182.07

40. Bridge Climb £1 = $1.45
On Saturday, 2 adults and 3 children on a Bridge Climb. We wanted to climb the bridge at Dawn. Calculate the cost of doing this in Pounds?
Total Cost = $1190
$1190 ÷ 1.45 = £820.69

41. On the plane to...

43. Bansko, Bulgaria £1 = $2.11 Lev
I now take my family to Bansko, Bulgaria for a Ski Trip. I convert £850 to Bulgarian Lev.
Convert £850 to Bulgarian Lev?
I spend Lev whilst visiting Bulgaria. On returning to the UK I convert my remaining Lev to Pounds. How many pounds and pence do I now have?
850 x 2.11 = Lev =
÷ 2.11 = £311.02

44. Ski Lifts £1 = $2.11 Lev Prices in Bulgarian Lev
An Adult, 2 kids and a University student purchase a ski lift pass for 9 days. Calculate the total cost of this in Pounds.
Total Cost = 1452
1452÷ 2.11 = £688.15

45. On the plane to...

47. Tokyo, Japan £1 = Yen
We visit Tokyo, Japan. They use Yen as their currency.
Convert £1500 to Japanese Yen?
I am 2345 yen short of purchasing a ticket to the zoo. How many pounds will I need to convert to have 2345 yen?
1500 x =
2345 ÷ = 16.84
I must change 17 Pounds

48. Tokyo Sky Tree £1 = Yen
3 Adults, 1 junior and 1 child pre school purchase a day ticket to the Tokyo Skytree Tembo Deck. How much would this cost in pounds?
Total Cost = 8400
8400 ÷ = £60.31

49. Directed study
Division Remainder problems