Key takeaways
Understand what is meant by exchange rates.
Understand that value of two currencies are directly proportional to one another.
Successfully convert between two currencies.
Host: Shahriyar is a Maths Teacher at a School in Northwest London, teaching years 7 to 11. He graduated from the University of Warwick in 2013 and set off to China for two years teaching IGCSE and A-Level Economics. With the impact of globalisation, businesses and countries are more intertwined than ever before! British companies may use Chinese suppliers for their raw materials and Chinese manufactures may buy oil in dollars to run their factories. With the growth of trade and multiple currencies being exchanged between nations, calculating the exchange rate of currencies is a must in the modern global economy. In this lesson, you will learn how to make currency conversions which will be both beneficial in the real world and for those taking GCSE examinations.
Have you watched these Maths sessions?: Best Buys (Unitary Measures), Simple and Compound Interest, How to Work out the Percentage of an Amount
Safeguarding reminder:The safety of your child is of the utmost importance. All of our classes are pre-recorded to remove any concerns around live participation. For reruns of our past live classes, students' webcams and microphones were disabled and only the chat history, if participation was requested, is visible.
Suitable for:
This class is aimed at students in Years 8-9 or S2-S3 but is a great class for students of any age.
Class requirements:
You will need a laptop or device with internet connection to watch the class, as well as a pen and notepad for taking notes.
What to expect:
- This class will take place online via a Zoom webinar.
- For live classes, please arrive promptly. Students' cameras and microphones are disabled by default.
- For on demand classes, students will be watching a recording of a previous live class.
- Once you have signed up, you will be taken to your dashboard where you can view details of the class, and re-watch it in the future.
- Students will be sent confirmation of the class to their email address if provided.