Currency Exchange Quiz

What are exchange rates and what factors cause them to fluctuate?

• Exchange rates are the value of one currency for the purpose of conversion to another. Factors include interest rates, inflation, and political stability.

• Exchange rates are the amount of goods one can buy. Factors include weather and holidays.

• Exchange rates are the number of tourists visiting a country. Factors include population size and language.

• Exchange rates are the number of banks in a country. Factors include the number of ATMs and bank branches.

How can you compare the purchasing power of the U.S. dollar in various countries?

• By looking at the number of tourists visiting each country.

• By comparing the cost of a basket of goods and services in each country.

• By counting the number of banks in each country.

• By measuring the length of time it takes to travel to each country.

How do you calculate currency exchange using given exchange rates?

• Multiply the amount of currency you have by the exchange rate.

• Divide the amount of currency you have by the number of countries.

• Add the exchange rate to the amount of currency you have.

• Subtract the exchange rate from the amount of currency you have.

What is the currency of Argentina?

• Dollar

• Euro

• Peso Argentino

• Real

What is the currency of Bolivia?

• Peso

• Boliviano

• Dollar

• Euro

What is the currency of Chile?

• Dollar

• Euro

• Peso Chileno

• Yen

What is the currency of Colombia?

• Colombian Dollar

• Colombian Peso

• Colombian Euro

• Colombian Real

What is the currency of Costa Rica?

• Peso

• Dollar

• Colón

• Euro

What is the currency of Cuba?

• Peso Cubano

• Dollar

• Euro

• Yen

What is the currency of the Dominican Republic?

• Dominican Dollar

• Dominican Peso

• Dominican Euro

• Dominican Franc