Lesson 3: Currency - Summary

   Summary

Download a copy of the summary. Word version or PDF version

Review what you have learned prior to completing the Lesson Assignment.

Key Ideas

  • Not all currencies around the world have equal value.
  • You can buy foreign currency from the bank.
  • The amount of money you receive from a currency conversion at the bank is based on the daily exchange rate.
  • The Canadian dollar is currently worth less than the US dollar.

Key Terms

  • Currency
  • Exchange Rate
  • Canadian Dollar (CAD)
  • United States Dollar (USD)
  • Mexican Pesos
  • European Euro
  • Chinese Yuan
  • Estimation
  • Currency conversion


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