Hot Topic 7: Exchange Rates

The Hot Topics series includes 12 short units designed to improve students’ financial capability. Hot Topic 7 explains how exchange rates can affect individuals, importers and exporters. Students will learn about foreign currency and exchange rates, discuss how exchange rate changes can affect people and take part in a currency trading challenge.

Year 10-12

4-8 hrs

Mathematics and Statistics

Free to NZ schools

Led by teachers

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Student learning

Through this Hot Topic, students will:

Understand and articulate how changes in exchange rates can impact on people in different situations
Examine exchange rates for a variety of countries worldwide.

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Curriculum links

Personal Financial Management is a fundamental part of a young person’s education. The Hot Topics series is designed to support the development of the key competencies. The series also has links to the Social Sciences and Mathematics and Statistics learning areas.

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Students taking part will

Discuss how exchange rate changes impact importers and exporters
Research how the currency values of 7 countries have changed recently
Complete a currency trading challenge.

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Download includes:

Hot Topic 7 Activity: Exchange Rates
Template: $1 Million Trading Challenge Worksheet

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