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The par of exchange is 36s 7d. but the course of exchange is from 33s. to 37s. 6d. Flemish, per pound sterling.

Here London gives the certain, and Amsterdam the uncertain price.

When Holland draws direct on Ireland, the exchange is at 10 guilders or 33s. 4d. Flemish, per pound Irish.

To reduce bank money into currency and the contrary.

As 100 is to 100 with the agio added thereto, so is any sum bank money to its value, in current money.

As 100 with the agio added thereto, is to 100, so is any sum current money, to its value in bank money.

Examples.

21. How much currency is equivalent to 468 florins, 15 stivers banco, agio 3 per cent. ?

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This may be also performed similar to exchange between England and Ireland, that is, multiply by the given rate or agio, and divide by 100, the result added to the given bank money, gives the currency required.

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22. In 547 florins, 4 stivers 8 pennings currency, how much

bank money, agio 34 per cent?

Flor Str Pen

1334; 100
100 :: 547 4 8

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4

2188 18 0

100

413)218890 00

Answer,.... florins, 530 0 0 Banco.

23. Reduce 2279 guilders, 1 stiver 4 penning currency, to bank money, agio 3 per cent?

24. Reduce 2011 guilders, 10 stivers 6 pennings banco, to currency, agio 32 per cent?

To reduce English money into Flemish money, at any given rate.

25. How much Flemish is equivalent to 750% sterling, exchange at 35s. 6d. Flemish per pound sterling?

: £

As 1 : 750

£ $ d :: 1 15 6

1 15

6

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5 0=

162 10

6=tr 16 5

Answer, 1253 15 Flemish.

26. How many guilders or florins, stivers and pennings in 1751 12s. 6d. sterling exchange, at 36s. 6d. Flemish per pound sterling?

s. d.

£ 8. d.

£ S. d. 1 : 175 12 6 .:: 1 16 6

1 16 6

175 12 6

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Pounds, shillings and pence Flemish are reduced to guilders, stivers and pennings, by multipiying the pounds and shillings by 6, and adding 1 stiver for every 2 pence Femish in the odd pence; remainder of the pence, if any, reduce to eighths of a penny, and they are pennings. Or multiply by 6, adding half the pence to the product of the shillings for stivers, and the fractional part, if any, reduce to groots or pennings: for groots multiply the numerator by 2, and for pennings by 16, and divide by the denominator. The former I prefer.

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27. In 5497 13s 9d. British, how much Flemish, at 36s. 6d. Flemish per pound sterling?

28. In 143/ 13s. 4d. British, how much flemish, at 37s. 4d Flemish per pound sterling?

29. In 1791 15s. Od. British, how much Flemish, at 35s. 9d. Flemish per pound sterling?

30. In 379/ 18s. 6d. British, how many rix dollars, at 35s. 7d. Flemish per pound sterling?

31. Reduce 3407 15s. 6d. British, to Dutch currency, exchange at 35s. 8d. Flemish per pound sterling, and agio 4 per cent?

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32. Reduce 1931 13s. 4d. British, to Dutch currency, exchange at 37s. 2d. Flemish per pound sterling, and agio 3 per cent?

33. In 874/ 16s. 8d. British, how much Dutch currency, at 36s. 3d. Flemish per pound sterling, and agio 44 per cent? To reduce Flemish money into British, at any given rate. 34. How much British sterling in 3751 12s. 6d. Flemish, exchange at 37s. 4d. Flemish per pound sterling?

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Twopences, 224

20

7512

6

224)45075

Answer,....201
201 4 6

35. How much British sterling is equivalent to 2145 florins 12 stivers, 8 pennings, at 36s. 10d. Flemish

pound, strl.

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36. Reduce 3846 florins, 15 stivers to British sterling, at 36s. 3d. Flemish per pound sterling?

37. Reduce 4500 florins 10 stivers to British, at 35s. 10d. Flemish per pound sterling?

38. Reduce 8410 [florins 12 stivers 1 penning to British, at 36s. 4d. Flemish per pound sterling?

39. Reduce 1731 18s. 6d. Flemish to British sterling, at 36s. 7d. Flemish per pound sterling?

40. Reduce 9483 florins, 8 stivers, 6 pennings to British, sterling, at 36s. 9d. Flemish per pound sterling?

41. Reduce 1256 florins 10 stivers, currency, to British money, agio 4 per cent, exchange at 37s. 6d. Flemish per pound sterling?

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42. Reduce 1753 florins, 12 stivers 4 pennings Dutch currency to British sterling, agio 34 per cent, and exchange, at 36s. 104 Flemish per pound sterling.

43. Reduce 5684 florins 16 stivers currency, to British money, agio 37s. 8d. per cent, and exchange 37s. 1d. Flemish per pound sterling.

47. Reduce 4651 13s. 4d. Flemish into Irish currency, at 33s. 4d. Flemish per pound Irish.

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