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CURRENCY - PowerPoint PPT Presentation


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CURRENCY. What is Currency?. Currency is the money the government and the people use within a given country Every country has their own type of currency In the U.S. this is the DOLLAR ($) 1 unit of currency in one country is not equal to 1 unit of currency in another country.

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Presentation Transcript
what is currency
What is Currency?
  • Currency is the money the government and the people use within a given country
  • Every country has their own type of currency
    • In the U.S. this is the DOLLAR ($)
  • 1 unit of currency in one country is not equal to 1 unit of currency in another country
currency in spanish speaking countries
Currency in Spanish-Speaking Countries
  • Each Spanish-Speaking Country has their own form of currency.
  • Each Spanish-Speaking Country’s currency is valued at a different amount in comparison to the U.S. Dollar.
exchange rate
Exchange Rate
  • Exchange rate = How much one currency is worth in terms of another currency
  • A high exchange rate means that a currency is more highly demanded than another
    • U.S. Dollar is demanded more than the Colombian Peso
    • $1 = 2000 Pesos
  • A low exchange rate means that a currency is not as highly demanded as another
    • U.S. Dollar is demanded less than the Spanish Euro
    • $1 = 0.75 Euros
examples of currency

EXAMPLES OF CURRENCY

FROM SPANISH-SPEAKING COUNTRIES

slide6
PESO
  • Argentina  $1 = 5 Pesos
  • Chile  $1 = 530 Pesos
  • Colombia  $1 = 2000 Pesos
slide7
PESO
  • Cuba  $1 = 25 Pesos
  • Dominican Republic  $1 = 35 Pesos
  • Mexico  $1 = 12 Pesos
  • Uruguay  $1 = 20 Pesos
slide8
EURO
  • Spain
  • Also used in the rest of the European Union
  • $1 = 0.75 Euros
dolar
DOLAR
  • El Salvador
  • $1 = 9 Dolares

BOLIVAR

  • Venezuela
  • $1 = 4 Bolivares
quetzal
QUETZAL
  • Guatemala
  • $1 = 9 Quetzals

COLON

  • Costa Rica
  • $1 = 550 Colones
boliviano
BOLIVIANO
  • Bolivia
  • $1 = 7 Bolivianos

LEMPIRA

  • Honduras
  • $1 = 20 Lempiras
cordoba
CORDOBA
  • Nicaragua
  • $1 = 20 Cordobas

GUARANI

  • Paraguay
  • $1 = 5000 Guaranis
u s dollar
U.S. DOLLAR

NUEVO SOL

  • Panama (Balboas)
  • Ecuador
  • Peru
  • $1 = 3 Nuevo Sol
context

CONTEXT

Why do we need to know this?

why is this important
Why is this important?
  • Part of learning a language is learning the culture in a way that you would be able to function in a different country
  • Knowing about currency and how to convert it is a helpful tool in traveling
currency conversion
Currency Conversion
  • To determine how many U.S. dollars you spend:
    • How much you spent in other currency

Exchange Rate

  • EXAMPLE:
    • You spent 10,000 Colombian Pesos on a shirt. The exchange rate is $1.00 = $2,000 Pesos. How much money did you actually spend?

10,000 ÷ 2,000 = $5.00

actividad

ACTIVIDAD

¿PRECIO BUENO O PRECIO MALO?

precio bueno o precio malo
¿PRECIO BUENO O PRECIO MALO?
  • Apple Bottom Jeans
  • You paid 12,000 Mexican Pesos
  • $1 = 12 Pesos
precio bueno o precio malo1
¿PRECIO BUENO O PRECIO MALO?
  • Video Game
  • You paid 20 Euros
    • Spain
  • $1 = 0.75 Euros
precio bueno o precio malo2
¿PRECIO BUENO O PRECIO MALO?
  • Flamin’ Hot Cheetos
  • You paid 200 Cuban Pesos
  • $1 = 25 Cuban Pesos
precio bueno o precio malo3
¿PRECIO BUENO O PRECIO MALO?
  • Jay-Z CD
  • You paid 100 Lempiras
    • Honduras
  • $1 = 20 Lempiras
precio bueno o precio malo4
¿PRECIO BUENO O PRECIO MALO?
  • Pack of Frooties
  • You paid 10,000 Guaranis
    • Paraguay
  • $1 = 5,000 Guaranis
actividad1

ACTIVIDAD

You have $10 to spend while traveling

in Argentina

The Exchange Rate is $1 = 5 Pesos

Use ALL $10 to purchase 1 or more of

the items throughout the room