MA.912.F.4.13Archived Standard

Given current exchange rates be able to convert from one form of currency to another.

Clarifications

Example: Suppose you are traveling in Europe, and while there you withdraw 150 Euros to pay for expenses. If the exchange rate at the time was $1.27 per Euro, how much money (in dollars) was charged to your bank account?
General Information
Subject Area: X-Mathematics (former standards - 2008)
Grade: 912
Body of Knowledge: Financial Literacy
Idea: Level 1: Recall
Standard: Individual Financial Planning - Individual Financial and Investment Planning
Date Adopted or Revised: 09/07
Content Complexity Rating: Level 1: Recall - More Information
Date of Last Rating: 06/07
Status: State Board Approved - Archived

Related Courses

This benchmark is part of these courses.
1200500: Advanced Algebra with Financial Applications (Specifically in versions: 2014 - 2015 (course terminated))
7921042: Fundamental Economics with Financial Literacy (Specifically in versions: 2014 - 2015, 2015 - 2017 (course terminated))
7921022: Access Economics with Financial Literacy (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 and beyond (current))

Related Access Points

Alternate version of this benchmark for students with significant cognitive disabilities.

Related Resources

Vetted resources educators can use to teach the concepts and skills in this benchmark.

Data Set

Exchange Rates for Currency Conversion:

This online resource shows current exchange rates for different currencies around the world.

Type: Data Set

Student Resources

Vetted resources students can use to learn the concepts and skills in this benchmark.

Parent Resources

Vetted resources caregivers can use to help students learn the concepts and skills in this benchmark.