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. Furthermore, with an increase in travel, individuals will also need to have a good understanding of exchange rates when going on holiday or purchasing foreign goods to get value for their money. 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.
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.
This class is aimed at students in Years 8-9 or S2-S3 to study the topic of Exchange Rates. As with many topics in Maths its uses in the real world are plentiful hence it is a great class for students of any age.