Exchange Rate Teacher Resources
As international travel becomes more popular and businesses become more global understanding factors that influence international economics, especially the currency exchange rate, becomes increasingly more important. Activities that focus on the exchange rate, the price of one nation’s currency when valued against another’s, are a great way to prepare 21st century learners for the world they will inherit.
You might introduce a study of exchange rates with a lesson about the types of coins and bills used in different countries. Follow up with a worksheet that asks kids to use the exchange rate to convert U.S. dollars to other currencies and foreign currencies into U.S. dollars. Bring global economics into the classroom with lessons that asks potential travelers to use exchange rates to compare the cost of bus fares in cities around the world or compare prices in Austria, China, and India.
With an understanding of exchange rates, young economists can examine how money affects global commerce and gain an understanding of the Impossible Trinity, the relationships among exchange rates, interests rates, and money flow.
A great way to end a study of the exchange rate is with this amusing activity that asks students to consider why we even need money.
Showing 138 resources
Lesson Planet Curated
Middle School World History
A 22-lesson Middle School World History unit uses a unique problem-solving approach to teach tweens economic history. After reading articles that provide background information, pupils engage in activities and simulations that require...
Curated OER
Using Foreign Exchange Rates
In this Using Foreign Exchange Rates worksheet, learners use tables with exchange rates to calculate answers to problems, then answer questions about what may impact the exchange rate.
Curated OER
Chapter 28: Exchange Rates, The Balance of Payments, and Trade Deficits
Bring your class on a trip around the world in this economics presentation, which details international trade and exchange rates. Especially helpful are the clear bullet points, interesting discussion topics, and list of key terms for...
Mathed Up!
Exchange Rates
Eleven questions make up an eight-page practice exercise that focuses on how to compute exchange rates. Money used is the American dollar, Euro, and British pound.
Curated OER
Currency Effect on Trade Review
For about the first six minutes Sal reviews the hypothetical global trade scenario from the last video in detail, changing a few numbers to make for a cleaner example. He continues the scenario to demonstrate how the natural ups and...
Curated OER
Money: Bucks, Banks, and Business
Put economics and currency exchange rates into a real-world application kids can understand. They'll compare bus fares from various cities around the world. Each child selects three international cities to research. They determine the...
Curated OER
Currency Exchange Introduction
Learners are introduced to fluctuating currency exchange rates and the role therein of supply and demand. They understand the inverse relationship between supply and price based on these concepts, and view a hypothetical scenario...
Curated OER
Currency Exchange Introduction
Learners are introduced to fluctuating currency exchange rates and the role therein of supply and demand. They understand the inverse relationship between supply and price based on these concepts, and view a hypothetical scenario...
Curated OER
International Currency Exchange
Students examine coins from around the world and write down their observations. As a class, they discuss the types of symbols used on the coins from different countries and locate the country on a map. To end the lesson, they calculate...
Curated OER
Chinese Central Bank Buying Treasuries
The first several minutes of this clip are a review of the hypothetical China-U.S. trade scenario Sal mapped out in previous videos. Then, he begins to further outline how the Yuan can resist appreciation because of interference by the...
Curated OER
Currency and Exchange Rates
Fifth graders share the book, "The Story of Money" and discuss the uses of money, bartering, trade and the history of money. Students discuss various ways of spending: cash, check, debit/credit cards and review the check writing process....
Curated OER
Family Letter - Foreign Currency and Exchange Rates: Proportions and Ratios
In this proportions and ratios worksheet, students solve 6 short answer problems. Students find the foreign currency exchange rates for six countries. Students express the exchange rate as a proportion or ratio.
Curated OER
Exchange Rate Problems
In this economics activity, students respond to 10 short answer and multiple choice questions about exchange rates throughout the world.
Texas Education Agency (TEA)
Role of the International Monetary System
Scholars learn all about the International Monetary Fund. They discover how to calculate exchange rates using an online calculator before completing a short answer assessment.
Curated OER
Using Supply and Demand to Analyze Exchange Rates
In this Using Supply and Demand worksheet, learners draw curves and diagrams, make predictions about graphs, solve problems, and answer questions.
Crash Course
Imports, Exports, and Exchange Rates
Free trade isn't getting something you want without paying for it. High schoolers take a short trip through economics with a video that discussess the ins, outs, and exchanges of international trade.
Curated OER
Currency and Exchanges Rates
Seventh graders examine currency rates. In this exchange rate activity, 7th graders visit selected websites to determine the exchange rates between specified currencies.
Curated OER
International Trade
Students, through lecture and discussion, examine the mechanics of exchange in world markets and then at some of the issues nations face as a result of the international character of trade. They participate in an activity that...
Tidewater Community College
Assignment: The “Big Mac” Index
Young economists learn about the method of predicting changes in the exchange rate with Big Macs in an instructional video. After an understanding the index, learners write a post on a discussion board and respond to class members' posts...
Curated OER
Floating Exchange Resolving Trade Imbalance
In a hypothetical global trade scenario, Sal lays out an import and export relationship between the United States and China. Through supply and demand logic, he describes a situation where the US dollar would weaken and the Chinese Yuan...
Curated OER
Currency Exchange Rates
Students, in groups, choose three countries from which to investigate exchange rates versus the US dollar. Using Internet research they follow daily exchange rates and compute the percentage change. They compile data and prepare and...
Curated OER
What Can We Learn about India from a Ten Rupee Bank Note?
The class finds and cites evidence showing India's unity in diversity and work to recognize some of the complex interactions of a civilized community. They read to understand how geography, history, politics, economics, beliefs, and...
College Board
2005 AP® Macroeconomics Free-Response Questions Form B
Suppose a country increases its budget deficit. How would such an increase affect businesses and the exchange rate? Learners consider what happens and ponder other questions from College Board that look at employment, supply and demand,...
College Board
2011 AP® Macroeconomics Free-Response Questions
Foreign exchange rates have a ripple effect on economies worldwide. A case study asks scholars to examine what would happen to international investment and capital after tweaking variables that can ricochet around the world. A second...
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