Part 3:
Applications in Social Arithmetic

Foreign Currency

When abroad you have to be able to change £s sterling into the foreign currency and vice versa.

The examples and exercise which follow all use the following rates, which were all correct once upon a time.

The quantity of each foreign currency is equivalent to £1.

COUNTRY
RATE for £1
CURRENCY
Europe
1.59
euros
United States
1.56
dollars
India
8.10
rupees
Israel
2.39
shekels