IB Economics SL · 2022 to 2025

4.5 Exchange rates

53 past paper questions from 17 papers across 9 exam sessions. See what repeats, then practise the same skills with AI marking.

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SL archive · 2022 to 2026

4.5 Exchange rates

Latest exam session: May 2026

questions
questions
papers
papers
exam sessions
exam sessions
By year4micro-topics

Micro-topics in 4.5 Exchange rates

In syllabus order. The ring is the share of papers each appears in.

  • 26

    4.5.1

    Floating exchange rates

    13 questions · in 26% of papers

    Frequently tested

    last May 26 P2 TZ2

  • 43

    4.5.2

    What changes an exchange rate

    18 questions · in 43% of papers

    Frequently tested

    last May 26 P2 TZ3

  • 29

    4.5.3

    Consequences of exchange rate changes

    11 questions · in 29% of papers

    Frequently tested

    last May 26 P2 TZ3

  • 31

    4.5.4

    Fixed and managed exchange rates

    11 questions · in 31% of papers

    Frequently tested

    last May 26 P2 TZ3

Exam pattern

How often each micro-topic has been examined, year by year. Each label is explained under the grid.

Does it repeat?

Questions per year for each micro-topic.

fewermore

Micro-topic20222023202420252026
4.5.2What changes an exchange rateFrequently tested
5What changes an exchange rate, 2022: 5 questions3What changes an exchange rate, 2023: 3 questions3What changes an exchange rate, 2024: 3 questions3What changes an exchange rate, 2025: 3 questions4What changes an exchange rate, 2026: 4 questions
4.5.4Fixed and managed exchange ratesFrequently tested
3Fixed and managed exchange rates, 2022: 3 questions1Fixed and managed exchange rates, 2023: 1 question·Fixed and managed exchange rates, 2024: 0 questions5Fixed and managed exchange rates, 2025: 5 questions2Fixed and managed exchange rates, 2026: 2 questions
4.5.3Consequences of exchange rate changesFrequently tested
3Consequences of exchange rate changes, 2022: 3 questions·Consequences of exchange rate changes, 2023: 0 questions2Consequences of exchange rate changes, 2024: 2 questions2Consequences of exchange rate changes, 2025: 2 questions4Consequences of exchange rate changes, 2026: 4 questions
4.5.1Floating exchange ratesFrequently tested
3Floating exchange rates, 2022: 3 questions1Floating exchange rates, 2023: 1 question1Floating exchange rates, 2024: 1 question5Floating exchange rates, 2025: 5 questions3Floating exchange rates, 2026: 3 questions
  • Frequently testedin at least a quarter of all papers, and still appearing in the last two years

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Questions on 4.5 Exchange rates, by exam session

Which papers asked about 4.5 Exchange rates, and which question numbers. Open a paper to see them highlighted.

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Frequently asked questions

Short answers about this page.

Which Economics SL exam sessions are covered for 4.5 Exchange rates?

10 exam sessions from 2022 to 2026, the latest May 2026. Every Paper 1 and 2 in every timezone is read and classified in full, which gives 17 papers in this archive.

Which 4.5 Exchange rates topic comes up most?

What changes an exchange rate (4.5.2): in 43% of papers, last seen May 26 P2 TZ3. Usually "Explain", worth about 5.6 marks in a paper that includes it.

Can I see the original question and mark scheme?

No. The wording belongs to the IB. You get the citation, the marks, the command term and the skill tested, plus our own matched practice questions with worked answers and AI marking.

What do "banker", "due" and "rising" mean?

Banker: examined in at least one sitting in four and still appearing. Due: regular before, but absent for the last two exam sessions. Rising: clearly more common in the last two years. Our classification of real papers, not an IB statistic.

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Reading this page and the exam pattern is free. A free account generates three sets of ten questions and launches one practice set. Pro opens every question in any scope, sets of twenty or all, and unlimited practice.

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