# Currency conversion test

Hence, in this chapter your goal is to gain solid understanding of simple problems and challenges and learn about key calculation methods and techniques.

Forums Multiplications and Divisions in Currency Questions A number of people that are about to take numerical reasoning test may be afraid of currency conversion questions.

Similar example though slightly different is demonstrated in table 2 and question 2 where you need to work out the amount of Brazilian Real that equals to Pounds.

The only disadvantage is that it may take some time to sketch these on the scrap paper nevertheless if you undertake enough practice you will be able to visualise these tables in your head.

### Currency conversion test

For instance, if one pound can buy two dollars, we would say the Great British pound is stronger than the United States dollar. The short URL, ready to be copied and pasted, is as follows: Minakshi, Tuesday, October 24, "Alejandro remembers a time when you could get 72 Thai baht for a pound. This tutorial presents you with cross multiplication and division tables that you can use to help you to see how to work out foreign exchange rate problems quickly and correctly. It's that simple. Cross multiplication and division Cross multiplication and division is the most commonly used technique to solve majority of currency conversion questions at numerical reasoning tests. All workings are demonstrated on real practical example with quick tips to shorten your calculations. This section deals with problems related to currency appreciation. Subscribers can manage class lists, lesson plans and assessment data in the Class Admin application and have access to reports of the Transum Trophies earned by class members. If you are new to these kinds of currency problems and you find it difficult to organise the above steps in your head then break it down to cross multiplication and division table as shown below. Another example of this form is the following table: In the above table, 1 AED is worth 0. Note that sketching these cross multiplication and division tables may be time consuming during your numerical reasoning test.

Mathematics is not a spectator sport. Mathematicians are not the people who find Maths easy; they are the people who enjoy how mystifying, puzzling and hard it is. It will provide you with basics of how to perform such calculations and help you build a foundation to delve into more advanced topics.

## Numerical reasoning test with solutions

Advanced currency exchange questions To become an expert at currency conversions and succeed in numerical reasoning test you have to be able to convert sums across multiple foreign rates mentally without the use of scrap paper. One way to address the problem is through the use of interactive activities and this web site provides many of those. It will provide you with basics of how to perform such calculations and help you build a foundation to delve into more advanced topics. Subscribers can manage class lists, lesson plans and assessment data in the Class Admin application and have access to reports of the Transum Trophies earned by class members. Teachers If you found this activity useful don't forget to record it in your scheme of work or learning management system. Round your answer to the nearest hundredth. Click here to enter your comments. Check Twice Make sure you check the chart twice before solving the question. Click on link above to explore in detail how to tackle challenges in these questions. Hence, in this chapter your goal is to gain solid understanding of simple problems and challenges and learn about key calculation methods and techniques. You will learn how to calculate devaluation when currencies fluctuate against each other and see how to avoid traps and pitfall often incorporated into such questions. If you are new to these kinds of currency problems and you find it difficult to organise the above steps in your head then break it down to cross multiplication and division table as shown below. The exchange rate questions on pre-employment aptitude assessments will test to see if you can do just that. You can read the newsletter online or listen to it by downloading the podcast.

It's that simple. Click on the above link to see full examples with step by step explanations. Investors always make sure to assess the value of the local currency before contributing money to an initiative.

Below we provide you with easy to follow up guide and tutorials that will get you started and point you in the right direction for further practice.

### If the exchange rate between argentina and chile is based on their relative value to the us

For Students:. This section deals with problems related to currency appreciation. Your aim for this tutorial is to understand the basics of monetary devaluation. It's that simple. Answers There are answers to this exercise but they are available in this space to teachers, tutors and parents who have logged in to their Transum subscription on this computer. The exchange rate questions on pre-employment aptitude assessments will test to see if you can do just that. Just start in the left-hand column and read across until you reach the correct column. Click here to enter your comments. This tutorial presents you with cross multiplication and division tables that you can use to help you to see how to work out foreign exchange rate problems quickly and correctly. Currency Sample Questions Let's do some currency questions and see how you feel. Advanced currency exchange questions To become an expert at currency conversions and succeed in numerical reasoning test you have to be able to convert sums across multiple foreign rates mentally without the use of scrap paper.

How many Chinese yuan will I receive for Brazilian Real according to the rates in the chart above? Navigate using our Maths Map to find exercises, puzzles and Maths lesson starters grouped by topic.

Free Currency Conversion Practice: Put your skills to the test with the currency exchange questions below!

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