Graphing Exchange Rates Worksheet
Explore graphing exchange rates, converting currencies, and analyzing trends with this Grade 9 math worksheet.
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Graphing Exchange Rates
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Read each question carefully and answer to the best of your ability. Show all your work for calculations and graphing exercises.
1. If 1 USD (United States Dollar) is equal to 0.85 EUR (Euro), how many Euros would you get for 150 USD?
2. An is the value of one country's currency in relation to another country's currency.
3. When a currency's value increases compared to another, it is said to have .
4. Which of the following best describes a 'fixed exchange rate' system?
The exchange rate fluctuates freely based on market forces.
The exchange rate is set and maintained by the government or central bank.
The exchange rate is determined by the gold standard.
The exchange rate is adjusted daily by international banks.
5. Plot the following exchange rates for converting CAD (Canadian Dollar) to JPY (Japanese Yen) on the graph provided. Then, draw a line connecting the points.
1 CAD = 85 JPY
2 CAD = 170 JPY
3 CAD = 255 JPY
6. Based on the graph from question 5, what type of relationship exists between CAD and JPY? Explain your reasoning.