Activity 19-1 Converting Currencies

Total Page:16

File Type:pdf, Size:1020Kb

Activity 19-1 Converting Currencies

Chapter 19

Activity 19-1 Converting Currencies

Directions: Complete the following table to compare exchange rates.

1. Conduct Internet research as needed to learn the type of currency used in each country listed in the table below. Select three additional countries of your choosing. Fill in the first two columns of the table.

2. Using the Internet, locate a currency conversion calculator. Use the calculator to determine the exchange rate to 1 US Dollar.

Country Currency Equivalent to $1 USD Brazil Brazilian Real Canada Canadian Dollar China Yuan Renminbi Germany Euro Hong Kong Hong Kong Dollar Japan Japanese Yen Mexico Mexican Nuevo Peso Netherlands Euro South Korea Korean Won United Kingdom Pound Sterling

3. Ask your instructor where to save your documents. This could be on the school’s network or a flash drive of your own. Name your document FirstnameLastname_Activity19- 01.docx (i.e., JohnSmith_Activity19-01.docx).

Foundations of Financial Literacy Copyright Goodheart-Willcox Co., Inc. May not be reproduced or posted to a publicly accessible website.

Recommended publications