Currency convesion for interviews
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Currency convesion for interviews
Hi guys,
Have my first ever cabin crew interviews coming up over the next few months and I'm 27 and havent done any Maths in about 10 years as have been working in music, but would love to fulfill my
dream of becoming cabin crew. I'm preparing for the maths tests, I pesume that currency convesion will be on the paper. Can any one offer me any help in the format of converting sterlings into euros etc, is it multiplication? Sorry to sound so thick,
has just been so long since School. Any help woulp be appreciated.
Sorry to take up your time.
Thanks in advance.
Crewboy(Wannabe)
Have my first ever cabin crew interviews coming up over the next few months and I'm 27 and havent done any Maths in about 10 years as have been working in music, but would love to fulfill my
dream of becoming cabin crew. I'm preparing for the maths tests, I pesume that currency convesion will be on the paper. Can any one offer me any help in the format of converting sterlings into euros etc, is it multiplication? Sorry to sound so thick,
has just been so long since School. Any help woulp be appreciated.Sorry to take up your time.
Thanks in advance.
Crewboy(Wannabe)
Joined: May 2004
Posts: 986
Likes: 0
From: all over the shop
Hi Mate,
I used to work for a bank in telephone banking and we would often get people ringing up and asking us for exchange rates etc. Usually you will have 2 basic exchange rates per currency (one to buy that currency, and one to sell it - forgetting all the travellers cheques stuff etc) however I am pretty sure that airlines will just deal with a single exchange rate. Based on the fact that you are posting from Wales, I will give this info based on a UK carrier whose exchange rates are against the Pound Sterling.
The way I always remember it is the 'funny money divide' ie when you have the amount in foreign currency and want to convert it to your home currency, you divide the foriegn amount by the exchange rate - let me explain.
Your exchange rate given for say the Euro is say 1.4
They will then probably ask 2 questions -
1) If you have €xx (eg €20) how many £ is it?
Well because they have given you the 'funny money' amount, you just
need to divide it by the given exchange rate, which in this case is 1.4
20 / 1.4 = 14.2857
So based on the given exchange rate, converting €20 to £ gives you
£14.2857
Now when you have the local amount and want to convert it to the foreign amount, you just multiply it.
2) If you have £20 and want to convert it to €
20 x 1.4 = 28
So based on the given exchange rate, £20 gives you €28
So remember the 'funny money divde' - if you have the foreign currency amount and want to convert it to home currency, you divide the foreign amount by the given exchange rate. If you have the home currency amount and want to convert it to the foreign currency, you multiply.
I hope that makes sense!!!! Have fun
I used to work for a bank in telephone banking and we would often get people ringing up and asking us for exchange rates etc. Usually you will have 2 basic exchange rates per currency (one to buy that currency, and one to sell it - forgetting all the travellers cheques stuff etc) however I am pretty sure that airlines will just deal with a single exchange rate. Based on the fact that you are posting from Wales, I will give this info based on a UK carrier whose exchange rates are against the Pound Sterling.
The way I always remember it is the 'funny money divide' ie when you have the amount in foreign currency and want to convert it to your home currency, you divide the foriegn amount by the exchange rate - let me explain.
Your exchange rate given for say the Euro is say 1.4
They will then probably ask 2 questions -
1) If you have €xx (eg €20) how many £ is it?
Well because they have given you the 'funny money' amount, you just
need to divide it by the given exchange rate, which in this case is 1.4
20 / 1.4 = 14.2857
So based on the given exchange rate, converting €20 to £ gives you
£14.2857
Now when you have the local amount and want to convert it to the foreign amount, you just multiply it.
2) If you have £20 and want to convert it to €
20 x 1.4 = 28
So based on the given exchange rate, £20 gives you €28
So remember the 'funny money divde' - if you have the foreign currency amount and want to convert it to home currency, you divide the foreign amount by the given exchange rate. If you have the home currency amount and want to convert it to the foreign currency, you multiply.
I hope that makes sense!!!! Have fun
