Steply

€1 = $1.10. Change €30 to dollars.

Step by step, with the reason for every step · Exchange rates · Foundations

Step by step

The question

Question: change €30 to dollars, when €1 = $1.10.

€1 = $1.10. Change €30 to dollars.

1 Write the rate

The rate says: 1 euro is worth 1.10 dollars.

€1 = $1.10

From euros to dollars, we multiply by 1.10.

Going back, we divide by 1.10.

euros → dollars: × 1.10
dollars → euros: ÷ 1.10

2 Multiply by the rate

Each euro is worth $1.10.

30 euros are worth 30 times as much.

€30 = 30 × $1.10

30 times 1.10 is $33.

= $33

To multiply decimals: first 30 times 110, as whole numbers.

That is 3300.

Then count the decimal places: 2.

30 × 110 = 3300
2 decimal places: 33

Careful!

Check the direction.

Euros to dollars: we multiply by the rate.

Careful: euros → dollars: × the rate

So €30 is $33.

3 Check

Let's check: change the answer back.

$33 divided by 1.10 is €30.

change it back: $33 ÷ 1.10 = 30

That is what we started with.

So the answer is right!

€30 — what we started with

Let's look back.

First: write the rate.

Then: multiply by the rate.

Last: check.

Answer
Careful: euros → dollars: × the rate

Your turn

Try this one yourself, then check:

€1 = $1.20. Change €40 to dollars.
Show the answer
€40 = $48

More from Exchange rates

The whole lesson: Exchange rates →