Currency Conversion Worksheets | PDF - Free Printable
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Step-by-step solution for: Currency Conversion Worksheets | PDF
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Show Answer Key & Explanations
Step-by-step solution for: Currency Conversion Worksheets | PDF
Let’s solve each problem step by step using the conversion chart.
We are given two key columns:
- “One US Dollar in Foreign Currency” → This tells us how much foreign money you get for 1 USD.
- “Foreign Currency in One US Dollar” → This tells us how many USD you get for 1 unit of foreign currency.
But note: The second column is actually mislabeled. Looking at the numbers:
For Britain:
→ 0.49 pounds = 1 dollar? That doesn’t make sense — usually, 1 pound > 1 dollar.
Wait — let’s check Japan:
→ 121.82 yen = 1 dollar → that makes sense (yen is small).
→ 0.008 dollars = 1 yen → also makes sense (since 1/121.82 ≈ 0.0082).
So actually:
- Column 3: “One US Dollar in Foreign Currency” = How much foreign money you get for 1 USD.
- Column 4: “Foreign Currency in One US Dollar” = How many USD you get for 1 unit of foreign currency.
BUT — looking again at Britain:
Column 3: 0.49 → meaning 1 USD = 0.49 pounds? That would mean 1 pound = ~2.04 USD → which matches column 4: 2.04.
Ah! So column 4 is actually: “How many USD per 1 unit of foreign currency”.
So to convert:
- From USD to foreign currency → multiply by column 3.
- From foreign currency to USD → multiply by column 4.
Let’s verify with an example:
Problem 6: 5000 yen = ? dollars
From chart: 1 yen = 0.008 dollars → so 5000 × 0.008 = 40 dollars → correct.
Problem 1: 5 dollars = ? pounds
1 dollar = 0.49 pounds → 5 × 0.49 = 2.45 pounds.
Okay, now we’ll do all problems carefully.
---
Problem 1: 5 dollars = ___ pounds
Use: 1 USD = 0.49 pounds
→ 5 × 0.49 = 2.45
Problem 2: 10 dollars = ___ euros
1 USD = 0.73 euros
→ 10 × 0.73 = 7.3
Problem 3: 50 dollars = ___ pesos
1 USD = 10.78 pesos
→ 50 × 10.78 = let’s compute:
50 × 10 = 500
50 × 0.78 = 39
Total = 500 + 39 = 539
Problem 4: 150 dollars = ___ Yuan
1 USD = 7.57 Yuan
→ 150 × 7.57
Break it down:
100 × 7.57 = 757
50 × 7.57 = 378.5
Total = 757 + 378.5 = 1135.5
Problem 5: 1000 dollars = ___ yens
1 USD = 121.82 yen
→ 1000 × 121.82 = 121,820
Problem 6: 5000 yen = ___ dollars
1 yen = 0.008 dollars
→ 5000 × 0.008 = 40
Problem 7: 650 Yuan = ___ dollars
1 Yuan = 0.13 dollars
→ 650 × 0.13
Compute:
600 × 0.13 = 78
50 × 0.13 = 6.5
Total = 78 + 6.5 = 84.5
Problem 8: 850 euros = ___ dollars
1 euro = 1.38 dollars
→ 850 × 1.38
Break it down:
800 × 1.38 = 1104
50 × 1.38 = 69
Total = 1104 + 69 = 1173
Problem 9: 700 pounds = ___ dollars
1 pound = 2.04 dollars
→ 700 × 2.04
700 × 2 = 1400
700 × 0.04 = 28
Total = 1400 + 28 = 1428
Problem 10: 500 pesos = ___ dollars
1 peso = 0.09 dollars
→ 500 × 0.09 = 45
---
Now Problems 11 and 12:
The ship pays $2882 per day if it’s 200 meters long.
Problem 11: If the ship is from China, how many Yuan would the company pay for each day?
We need to convert $2882 to Yuan.
From chart: 1 USD = 7.57 Yuan
→ 2882 × 7.57
Let’s compute this carefully.
First, break 2882 into parts:
2882 × 7 = 20,174
2882 × 0.5 = 1,441
2882 × 0.07 = let’s compute:
2882 × 0.07 = 2882 × 7 / 100 = 20,174 / 100 = 201.74
Wait — better way:
Actually, 7.57 = 7 + 0.5 + 0.07? No, 7.57 = 7 + 0.57
Better:
2882 × 7.57 = 2882 × (7 + 0.5 + 0.07) — but 0.5+0.07=0.57, yes.
But perhaps direct multiplication:
Let me do:
2882
× 7.57
--------
First, ignore decimals: 2882 × 757
Then divide by 100 at the end (since 7.57 has 2 decimal places).
But maybe easier:
2882 × 7 = 20,174
2882 × 0.5 = 1,441
2882 × 0.07 = 201.74
Add them:
20,174
+1,441 = 21,615
+201.74 = 21,816.74
So total = 21,816.74 Yuan
Check: 2882 × 7.57
Alternative: 2882 × 7.57 = ?
Use calculator-style:
2882 × 7.57 = 2882 × (757/100) = (2882 × 757) / 100
But since we’re doing manually, our breakdown is fine.
Confirm: 2882 × 7.57
Let me do 2882 × 7.5 = 2882 × 15/2 = (2882 × 15)/2
2882 × 10 = 28,820
2882 × 5 = 14,410
Sum = 43,230 → divided by 2 = 21,615
Then 2882 × 0.07 = 201.74
Total = 21,615 + 201.74 = 21,816.74 → correct.
So answer: 21,816.74
But maybe round to nearest whole number? The problem doesn’t specify, but since money, probably keep two decimals.
In context, Yuan might be used with two decimals, so we’ll keep it.
Problem 12: If the ship is from France, how many euros would the company pay for each day?
Convert $2882 to euros.
1 USD = 0.73 euros
→ 2882 × 0.73
Compute:
2882 × 0.7 = 2017.4
2882 × 0.03 = 86.46
Total = 2017.4 + 86.46 = 2103.86
Double-check:
2882 × 0.73 = 2882 × (73/100) = (2882 × 73) / 100
2882 × 70 = 201,740
2882 × 3 = 8,646
Sum = 210,386 → divide by 100 = 2,103.86 → correct.
So answer: 2103.86
---
Final Answers:
1. 2.45
2. 7.3
3. 539
4. 1135.5
5. 121820
6. 40
7. 84.5
8. 1173
9. 1428
10. 45
11. 21816.74
12. 2103.86
Note: For problem 5, 1000 × 121.82 = 121,820 — no comma needed in answer unless specified.
Also, for problem 4, 1135.5 — can write as 1135.5 or 1135.50, but 1135.5 is fine.
Similarly, others.
Let me just recheck problem 3: 50 × 10.78
50 × 10 = 500
50 × 0.78 = 39 → total 539 → correct.
Problem 8: 850 × 1.38
850 × 1 = 850
850 × 0.3 = 255
850 × 0.08 = 68
Total: 850 + 255 = 1105; +68 = 1173 → correct.
All good.
──────────────────────────────────────
Final Answer:
1. 2.45
2. 7.3
3. 539
4. 1135.5
5. 121820
6. 40
7. 84.5
8. 1173
9. 1428
10. 45
11. 21816.74
12. 2103.86
We are given two key columns:
- “One US Dollar in Foreign Currency” → This tells us how much foreign money you get for 1 USD.
- “Foreign Currency in One US Dollar” → This tells us how many USD you get for 1 unit of foreign currency.
But note: The second column is actually mislabeled. Looking at the numbers:
For Britain:
→ 0.49 pounds = 1 dollar? That doesn’t make sense — usually, 1 pound > 1 dollar.
Wait — let’s check Japan:
→ 121.82 yen = 1 dollar → that makes sense (yen is small).
→ 0.008 dollars = 1 yen → also makes sense (since 1/121.82 ≈ 0.0082).
So actually:
- Column 3: “One US Dollar in Foreign Currency” = How much foreign money you get for 1 USD.
- Column 4: “Foreign Currency in One US Dollar” = How many USD you get for 1 unit of foreign currency.
BUT — looking again at Britain:
Column 3: 0.49 → meaning 1 USD = 0.49 pounds? That would mean 1 pound = ~2.04 USD → which matches column 4: 2.04.
Ah! So column 4 is actually: “How many USD per 1 unit of foreign currency”.
So to convert:
- From USD to foreign currency → multiply by column 3.
- From foreign currency to USD → multiply by column 4.
Let’s verify with an example:
Problem 6: 5000 yen = ? dollars
From chart: 1 yen = 0.008 dollars → so 5000 × 0.008 = 40 dollars → correct.
Problem 1: 5 dollars = ? pounds
1 dollar = 0.49 pounds → 5 × 0.49 = 2.45 pounds.
Okay, now we’ll do all problems carefully.
---
Problem 1: 5 dollars = ___ pounds
Use: 1 USD = 0.49 pounds
→ 5 × 0.49 = 2.45
Problem 2: 10 dollars = ___ euros
1 USD = 0.73 euros
→ 10 × 0.73 = 7.3
Problem 3: 50 dollars = ___ pesos
1 USD = 10.78 pesos
→ 50 × 10.78 = let’s compute:
50 × 10 = 500
50 × 0.78 = 39
Total = 500 + 39 = 539
Problem 4: 150 dollars = ___ Yuan
1 USD = 7.57 Yuan
→ 150 × 7.57
Break it down:
100 × 7.57 = 757
50 × 7.57 = 378.5
Total = 757 + 378.5 = 1135.5
Problem 5: 1000 dollars = ___ yens
1 USD = 121.82 yen
→ 1000 × 121.82 = 121,820
Problem 6: 5000 yen = ___ dollars
1 yen = 0.008 dollars
→ 5000 × 0.008 = 40
Problem 7: 650 Yuan = ___ dollars
1 Yuan = 0.13 dollars
→ 650 × 0.13
Compute:
600 × 0.13 = 78
50 × 0.13 = 6.5
Total = 78 + 6.5 = 84.5
Problem 8: 850 euros = ___ dollars
1 euro = 1.38 dollars
→ 850 × 1.38
Break it down:
800 × 1.38 = 1104
50 × 1.38 = 69
Total = 1104 + 69 = 1173
Problem 9: 700 pounds = ___ dollars
1 pound = 2.04 dollars
→ 700 × 2.04
700 × 2 = 1400
700 × 0.04 = 28
Total = 1400 + 28 = 1428
Problem 10: 500 pesos = ___ dollars
1 peso = 0.09 dollars
→ 500 × 0.09 = 45
---
Now Problems 11 and 12:
The ship pays $2882 per day if it’s 200 meters long.
Problem 11: If the ship is from China, how many Yuan would the company pay for each day?
We need to convert $2882 to Yuan.
From chart: 1 USD = 7.57 Yuan
→ 2882 × 7.57
Let’s compute this carefully.
First, break 2882 into parts:
2882 × 7 = 20,174
2882 × 0.5 = 1,441
2882 × 0.07 = let’s compute:
2882 × 0.07 = 2882 × 7 / 100 = 20,174 / 100 = 201.74
Wait — better way:
Actually, 7.57 = 7 + 0.5 + 0.07? No, 7.57 = 7 + 0.57
Better:
2882 × 7.57 = 2882 × (7 + 0.5 + 0.07) — but 0.5+0.07=0.57, yes.
But perhaps direct multiplication:
Let me do:
2882
× 7.57
--------
First, ignore decimals: 2882 × 757
Then divide by 100 at the end (since 7.57 has 2 decimal places).
But maybe easier:
2882 × 7 = 20,174
2882 × 0.5 = 1,441
2882 × 0.07 = 201.74
Add them:
20,174
+1,441 = 21,615
+201.74 = 21,816.74
So total = 21,816.74 Yuan
Check: 2882 × 7.57
Alternative: 2882 × 7.57 = ?
Use calculator-style:
2882 × 7.57 = 2882 × (757/100) = (2882 × 757) / 100
But since we’re doing manually, our breakdown is fine.
Confirm: 2882 × 7.57
Let me do 2882 × 7.5 = 2882 × 15/2 = (2882 × 15)/2
2882 × 10 = 28,820
2882 × 5 = 14,410
Sum = 43,230 → divided by 2 = 21,615
Then 2882 × 0.07 = 201.74
Total = 21,615 + 201.74 = 21,816.74 → correct.
So answer: 21,816.74
But maybe round to nearest whole number? The problem doesn’t specify, but since money, probably keep two decimals.
In context, Yuan might be used with two decimals, so we’ll keep it.
Problem 12: If the ship is from France, how many euros would the company pay for each day?
Convert $2882 to euros.
1 USD = 0.73 euros
→ 2882 × 0.73
Compute:
2882 × 0.7 = 2017.4
2882 × 0.03 = 86.46
Total = 2017.4 + 86.46 = 2103.86
Double-check:
2882 × 0.73 = 2882 × (73/100) = (2882 × 73) / 100
2882 × 70 = 201,740
2882 × 3 = 8,646
Sum = 210,386 → divide by 100 = 2,103.86 → correct.
So answer: 2103.86
---
Final Answers:
1. 2.45
2. 7.3
3. 539
4. 1135.5
5. 121820
6. 40
7. 84.5
8. 1173
9. 1428
10. 45
11. 21816.74
12. 2103.86
Note: For problem 5, 1000 × 121.82 = 121,820 — no comma needed in answer unless specified.
Also, for problem 4, 1135.5 — can write as 1135.5 or 1135.50, but 1135.5 is fine.
Similarly, others.
Let me just recheck problem 3: 50 × 10.78
50 × 10 = 500
50 × 0.78 = 39 → total 539 → correct.
Problem 8: 850 × 1.38
850 × 1 = 850
850 × 0.3 = 255
850 × 0.08 = 68
Total: 850 + 255 = 1105; +68 = 1173 → correct.
All good.
──────────────────────────────────────
Final Answer:
1. 2.45
2. 7.3
3. 539
4. 1135.5
5. 121820
6. 40
7. 84.5
8. 1173
9. 1428
10. 45
11. 21816.74
12. 2103.86
Parent Tip: Review the logic above to help your child master the concept of currency conversions worksheet.