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Find the Exchange Rates

Can you figure out the different exchange rates?

Goal:

Goal:

For the countries you researched that have a command system and a market system economy, figure out how much money you would get if you exchanged $100 U.S. dollars for each country's currencies. (Multiply the exchange rate by 100.)

For example, if Cuba was the command economy you researched, you would find the exchange rate for Cuba. (You can look up "Cuba exchange rate" online.)

Cuba's exchange rate is 1 peso = 1 U.S. dollar, so 100 x 1 = 100. You would get 100 Cuban pesos for $100 U.S. dollars.

If North Korea was the command economy you researched, you would find the exchange rate for North Korea.

North Korea's exchange rate is 1 U.S. dollar = 900.31 North Korean won, so 100 x 900.31. You would get 90,031 North Korean won for your $100 U.S. dollars.

When you are finished, submit your assignment to your teacher with your Weekly Written Work.

You will be graded using this rubric.

rocket ship

4 points
Outstanding!

plane

3 points
Good work!

car

2 points
Could do better.

scooter

1 point
Need to improve.

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