Different countries, different money
| Symbol | Currency | Used in |
|---|---|---|
| £ | pound sterling | Northern Ireland and the rest of the UK |
| € | euro | Republic of Ireland, France, Spain and more |
| $ | dollar | USA (also Canada and Australia have their own dollars) |
| ¥ | yen | Japan |
Exchange rates
An exchange rate tells you how much of another currency you get for £1.
£1 = €1.15 means every pound you change gets you €1.15.
| From → To | Do this | Example (£1 = €1.15) |
|---|---|---|
| pounds → other money | multiply by the rate | £20 × 1.15 = €23 |
| other money → pounds | divide by the rate | €23 ÷ 1.15 = £20 |
Multiplying by a decimal rate
Split the rate into easy parts. £20 × 1.15:
- £20 × 1 = 20
- £20 × 0.1 = 2
- £20 × 0.05 = 1
- Total: 20 + 2 + 1 = €23
Watch out! Give the answer in the new currency, with its symbol. If the rate is more than 1, you should end up with more of the new money than the pounds you started with.
Top tip: going on a trip from Belfast to Dublin? You’ll need euros. Always check: “Does my answer make sense?”
👆 Worth more than £10?
£1 = €1.20. Tap every amount that is worth MORE than £10.
🎮 Money changerQuestion 1 of 5
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