Where can I download free exchange rates PDF worksheets with answers?

On this MathsLinks page you can download free printable exchange rates PDF worksheets (Qs) and full worked solutions or mark schemes (Ans) from Ken Stafford, Maths Genie, Corbett Practice, Corbett Textbook, Maths4EveryOne, plus a printable one-page exchange rates revision guide.

What GCSE grade is exchange rates (3J)?

Exchange rates (topic code 3J) is a Grade 3 ratio & proportion topic in GCSE Maths for Edexcel, AQA, OCR, Eduqas and IGCSE specifications.

Free Exchange rates Worksheets (PDF) with Answers — GCSE Maths

Free Exchange rates PDF Worksheets & Answers

Grade 3 • Topic 3J

Resource	Questions	Answers
Ken Stafford GCSE past paper questions & solutions	Qs	Ans
Maths Genie Graded exam questions & solutions	Qs	Ans
Corbett Practice Practice Questions & answers	Qs	Ans
Corbett Textbook Textbook Exercise & answers	Qs	Ans
Maths4EveryOne GCSE 9–1 practice booklet & solutions	Qs	Ans
Maths DIY Exam-style booklet & solutions	Qs	Ans
Maths Takeaway GCSE Maths Takeaway exam questions	Qs	Ans
Dr Austin Practice grid / worksheet & answers	Qs	Ans
Dr Frost (B. Blocks) Building Blocks skill sheet & answers	Qs	Ans
GCSE Maths Rocket Practice questions & answers	Qs	Ans
E Classroom GCSE topic booklet & answers	Qs	Ans
PMT (Edxl) Edexcel GCSE topic questions & solutions	Qs	Ans
PMT (AQA) AQA GCSE topic questions & solutions	Qs	Ans
PMT (IGCSE) Edexcel IGCSE topic questions & solutions	Qs	Ans
The Maths Room Online topic notes & examples	Page
esheets Self-marking online worksheet	Page

Grade 3 topics
3A - Error intervals	3B - Operations with fractions
3C - Estimation	3D - Writing and simplifying ratio
3E - Ratio	3F - Proportion recipes
3G - Percentages	3H - Percentage change
3J - Exchange rates	3K - Conversions and units
3L - Scale drawings	3M - Best buy questions
3N - Substitution	3P - Solving linear equations
3Q - Straight line graphs	3R - Area and circumference
3S - Rotations	3T - Reflections
3U - Enlargements	3V - Translations
3W - Mixed transformations	3X - Area of compound shapes
3Y - Frequency trees	3Z - Two way tables

Explanation:

An exchange rate tells you how much of a foreign currency is equal to £1 (for example, £1 = $1.25 or £1 = €1.16). To convert from £1 into the foreign currency, multiply by the exchange rate.

To convert back from the foreign currency into £, divide by the exchange rate. When comparing prices of an item in two different countries, convert both prices into the same currency first, then subtract to find the difference.

Example 1: The exchange rate is £1 = €1.15.
(a) Change £320 into euros.
(b) Change €299 into pounds.

Solution:

(a) £ to € (multiply): 320 × 1.15 = €368

(b) € to £ (divide): 299 ÷ 1.15 = £260

Answer: (a) €368 (b) £260

Example 2: A watch costs £140 in London and $189 in New York. Given £1 = $1.26, where is the watch cheaper and by how much in £?

Solution:

Convert $189 to £: 189 ÷ 1.26 = £150

Difference: £150 − £140 = £10

Answer: London is cheaper by £10

Scanned GCSE Exam Questions & Worked Solutions

GCSE Past Paper Exchange rates Questions & Answers

10-Question Interactive Quiz More Past Paper Questions

Past Paper Example 1 IGCSE Jan 2022 2F Q13 5 marks

Full Paper (PDF) • Mark Scheme (PDF)

Here is a conversion graph to change between Canadian dollars and pounds (£)

(a) 46 Canadian dollars to pounds (£) [1 mark]

£10 to Canadian dollars. [1 mark]

(b) Change 528 euros to Canadian dollars. [3 marks]

Worked Solution & Mark Scheme (5 marks)

Part (a) Solution:

At 46 CAD, £ = 25 B1

Answer (a): £ 25

Part Solution:

At £10, CAD = 18 (or 18.3) B1

Answer : 18 Canadian dollars

Part (b) Solution:

528 ÷ 1.2 = £440 M2
From graph, £30 = 55 CAD (or £11 = 20 CAD), so £440 = (440 ÷ 11) × 20 = 800 CAD (or 770–880) A1

Answer (b): 800 Canadian dollars

Past Paper Example 2 IGCSE Jun 2023 2FR Q7 4 marks

Full Paper (PDF) • Mark Scheme (PDF)

Gerhard is travelling from Zurich to Munich.
The table shows the exchange rate in each city.

Gerhard wants to change 1620 Swiss francs to euros.
He would receive more euros if he changes his Swiss francs in Munich than he would receive if he changes his Swiss francs in Zurich.
How many more?

Worked Solution & Mark Scheme (4 marks)

In Zurich: 1620 × 0.90 = 1458 euros M2
In Munich: 1620 ÷ 1.08 = 1500 euros M1
Difference = 1500 – 1458 = 42 euros A1

Answer: 42 euros

Past Paper Example 3 GCSE Nov 2024 2F Q22 / 2H Q3 3 marks

Full Paper (PDF) • Mark Scheme (PDF)

In London, a 200 g Choci bar costs £3.50. In Zurich, a 360 g Choci bar costs 7.20 Swiss francs. £1 = 1.25 Swiss francs. In which city is the Choci bar better value for money?

In London, a 200 g Choci bar costs £3.50
In Zurich, a 360 g Choci bar costs 7.20 Swiss francs.
The exchange rate is £1 = 1.25 Swiss francs.
In which city is the Choci bar the better value for money, in London or in Zurich?
You must show how you get your answer.

Worked Solution & Mark Scheme (3 marks)

7.20 ÷ 1.25 = £5.76 M2
£5.76 ÷ 360 = 1.6p per gram vs £3.50 ÷ 200 = 1.75p per gram ⇒ Zurich A1

Answer: Zurich (London = 1.75p/g; Zurich = £5.76 for 360 g = 1.6p/g)

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