Discussion of Forex Trading and Currency Trading

Work out these foreign currency please?

Given that Trinidad and Tobago $1.00= EC 1.12
& Trinidad and Tobago 4.25=US $1.00

Convert

a) TT $1.00=EC $1.12
b) EC$850.00 to US

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One Response to “Work out these foreign currency please?”

  1. ~{ si_d }~ Says:
    March 17th, 2008 at 9:41 am

    looks like you have already answered a…

    so… EC 850 -> US$

    As there are 1.12 ECs in a TT$…
    850 / 1.12 = 758.93 TT$ (to 2dp)

    4.25 TT$ in a US$
    758.93 / 4.25 = 178.57 US$ (to 2dp)

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Work out these foreign currency please?

The rates of exchange at a bank are as follows.

US $1.00=TT$4.25
CAN $1.00=TT$3.50

A) A tourist changed US $900 to Trinidad and Tobago currency. Calculate the amount she receives.

B) She spends TT$2 425 and change the remaining Trinidad and Tobago currency to Canadian currency. Calculate the amount of money she received.

NOTE: TT mean Trinidad and Tobago

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  1. 900 * 4.25 = TT$3825 ***1st answer

    3825 - 2425 = TT$1400

    1400 / 3.5 = 400

    and they are your answers

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Work out these foreign currency please?

An american tourist changed U.S $700 into Trinidad and Tobago dollars at a rate of us $1.00=TT$4.26, she spent in trinidad, TT$1302, She then travels to barbados where she changes her Trinidad and Tobago dollars to barbados dollars, the exchange being TT$2.10=BDS 1.00.

A) How much trinidad and tobago dollars did she receive?

b)How much Barbados dollars did she get?

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One Response to “Work out these foreign currency please?”

  1. to get US$ to TT$ 700 * 4.26 = TT$2982 **1st answer

    TT$2982 - 1302 = 1680

    to get TT$ to BDS divide by 2.1

    1680 / 2.1 = 800 **2nd answer

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