Pregunta
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An article priced at in London cost R 183 in 2012 .
How much would it have costed in rond to buy an item
that was priced at , using the same exchange rate?

Ask by Weston Rodriguez. in South Africa
Jan 22,2025

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An item priced at £37 would cost R451.40 in 2012 using the same exchange rate.

Solución

To determine how much an item priced at £37 would cost in South African Rand ® using the given exchange rate from 2012, follow these steps:
  1. Establish the Exchange Rate:
    • You know that £15 = R183.
    • To find the exchange rate per pound, divide the total Rand by the number of pounds:
  2. Calculate the Cost of £37 in Rand:
    • Multiply the price in pounds by the exchange rate:
Therefore, an item priced at £37 would have cost R451.40 using the same exchange rate in 2012.

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The Deep Dive

Back in 2012, the exchange rate between British Pounds and South African Rands was approximately (derived from ). So, if we want to find out how much an item priced at would cost in Rands, we multiply:
.
So, that item would have cost around R 451.40 in 2012!
Exchanging currency can sometimes feel like a puzzle, but taking time to understand the rates and factoring in changes over time can save you from overspending. Always check current rates because they fluctuate, and be aware of fees from banks or exchanges that might kick in! For historical pricing, comparing rates gives you insights about inflation and market changes.

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