🌟 Money Around the World 🌟 - Grade 6 Financial Literacy

Hi my smart Grade 6 money explorers! 👋

Today we’re learning about different kinds of money used around the world! We’ll start with Canadian currency and then explore international money and how we can change from one to another.

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1. Canadian Currency

Canada uses the Canadian Dollar ($ CAD)

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$1 — Loonie (gold coin)

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$2 — Toonie (gold + silver)

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25¢ Quarter

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10¢ Dime

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5¢ Nickel

Paper bills: $5, $10, $20, $50, $100

2. International Currencies

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United States Dollar (USD)
$1 USD ≈ $1.35 CAD

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Euro (EUR)
€1 ≈ $1.48 CAD

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British Pound (GBP)
£1 ≈ $1.75 CAD

3. Understanding Exchange Rates

Example: If you have $100 CAD and want to buy something in the USA.

$100 CAD ÷ 1.35 ≈ $74 USD

When the Canadian dollar is strong, we get more foreign money!

4. Let’s Practice Together! 🎉

Question 1

You have $50 CAD. About how many US dollars is that if 1 CAD = 0.74 USD?

$37 USD
(50 × 0.74) ⭐

Question 2

What is the name of the Canadian $1 coin?

Loonie ⭐

Question 3

If 1 Euro = $1.48 CAD, how much is €20 in Canadian dollars?

$29.60 CAD ⭐

5. Money in Real Canadian Life 🇨🇦

• Travelling to the USA or Europe
• Online shopping from other countries
• Parents exchanging money at the bank
• Understanding prices when visiting other countries

You are now a World Money Expert! 🌟

Fantastic job! You understand Canadian money and how it compares to money from other countries.

Next time you travel or shop online, you’ll know how to read the prices!

Love and big proud high-fives,
Mrs. Brenda ❤️

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