Worksheet 4 5.1. Exchange Rate 5.2. Mr Tau received a contribution of 250 Canadian Dollars (CAD) from his son who works in Canada. Calculate the value of the contribution in Rand if the exchange rate at the time, was 1 CAD = R11,0555. Inflation The table below shows South Africa's inflation rates from June 2017 to June 2019. YEAR 2017 2018 2019 INFLATION RATE 5.27% 4.62% 4.38% a) Explain the meaning of the term 'inflation'. b) Calculate the price of brown bread in June 2019 if the price was R12,24 in June 2017