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hello everyone welcome back to our video class here at seasick math tutor we are still on consumer arithmetic and our topic for today is currency exchange we have three objectives the first one is to define currency the second to define what we mean by the buying and selling rate and to convert one currency to another to accomplish our third objective we are going to look at three different cxe questions that will give us a wide view of the types of questions that cxe tends to send and well give you a pretty much idea for how to go about solving them so first lets talk about what currency is currency as some of you would know already is a medium of exchange for goods and services and its generally money that um is in the form of paper coins and papers and coins generally thats um thats thats what i mean by currency um on another side though um countries give different names to their monies and and so we have the us dollar we have the yen for example and so different countries ha