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Foreign Currency
- Analyze the artistic designs on currency
- Create your own design using the elements and principles of art
- Apply mathematical concepts and skills to solve problems
- Employ estimation strategies
- Demonstrate ability in computational techniques through the use of paper and pencil, mental math, estimation, and technology to solve problems
- Internet Access
- Art supplies or a draw program on the computer
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Foreign Currency Worksheet
You will need Adobe Acrobat Reader installed on your computer to view this document.
Visit theAdobe Acrobat website if you need this free plug-in. - Calculator (optional)
- Copy the Foreign Currency Worksheet for each student to record his/her answers.
- Visit the Geographical Directory Of World Paper Money website,
and view your partner country's currency. Different countries print different currency. To buy
something in a country, you need too have that country's
currency.
- Explore the currency from two countries that are located near your partner country. How are the designs similar? How do they different? View the currency from a country that is far away from your partner country. Are the designs at all similar?
- Choose one country's currency and compare it to an American ten
dollar bill as seen at the Bureau of Engraving and Printing website.
How is it different from American
money? What do you like about it?
- Take a closer look at the American ten dollar bill.
Examine the different parts such as the portrait,
signatures, legal tender wording, value, and decorations.
Visit Get Real or Get Taken to see security
features built into the ten dollar bill.
- Create your own currency using paper and art supplies
or a draw program on the computer. Try to include some
of the features you saw on the American ten dollar bill
and on the currency you viewed from other countries.
How will you make sure that no one can easily copy your
currency?
- Copy the Foreign Currency Worksheet for each student to record his/her answers.
- Visit the Universal Currency Converter page to discover the current exchange rate for your partner country.
Here is how it works:
- Make sure "1" is in the "This amount…" box.
- Scroll down and select "America (United States of America), US Dollar (USD)" in the second box.
- Select a country in the third box.
- Hit the Click here to perform currency conversion button.
Example: On November 12, 2000 I could get 1.54251 Canadian dollars for each U.S. dollar.
Now You Try It:
- What is the Canadian exchange rate today?
- Round that number to the nearest hundredth.
- Estimate how many Canadian dollars you would need to buy a $10 dinner.
- Check your estimate by returning to the Universal Currency Converter page and typing "10" in the amount…" box, selecting "America (United States of America), US Dollar (USD)" in the second box and "Canada, Dollar (CAD)" in the third box. How close was your estimate?
- Use your problem solving skills (and perhaps a calculator) to discover which operation (addition, subtraction, multiplication or division) is used to complete this calculation.
- What is the exchange rate for your partner country?
- Let's go shopping. Go to the Salt Lake Olympic Committee's Online Store and find out how many U.S. dollars you would need to buy a tee shirt.
- Estimate the cost in your partner country's currency.
- Use paper and pencil (or a calculator) and calculate the exact cost in your partner country's currency.
- Check your answer at the Universal Currency Converter page.
- Find something else you would like to purchase at the Online Store and estimate and then calculate the cost in your partner country's currency. Return to the Universal Currency Converter website to check your answer.