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Currency Exchange


Currency Exchange

Currency Exchange

Learn about currency exchange mechanisms.


Students: 7,546
Course Description

When most people think about currency exchange, we are usually thinking about buying foreign currency to bring with us on vacation. However, currency exchange involves much more such as treasuries, bonds, imports and exports, trade imbalances, and the borrowing costs of a country.
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This free online course about currency exchange gives us a key insight into the financing behind a country's growth and development, and answers questions such as how is the money raised to build a country's infrastructure. The course discusses how currency is valued, devalued, and how countries trade and lend money to each other. It also discusses the knock-on effects of lack of demand for treasury bonds to a country and the costs thereafter. This course will be of great interest to business and finance professionals who would like to learn more about currency exchange mechanisms, and to the non-finance professional person wishing to know more about what role currency exchange practices play in the financial system.

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Certification

To qualify for your official ALISON Diploma, Certificate or PDF you must study and complete all modules and score 80% or more in each of the course assessments. A link to your Diploma certificate will then appear under the My Certificates heading of your My Account page.

Learning Outcomes

Learning outcomes: - Understanding of the currency exchange how it works; - Examines treasury bonds, liquid assets; - Understand the terminology used around currency exchange; - How countries trade and lend money to development growth.


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Module Title
Module 1: Understanding Currency Exchange
Module 2: Currency Exchange Assessment

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Background  
Course Rating (By Learners)
Course Title Currency Exchange
Course # 446
Course Publisher Khan Academy
Course Category 2
Content Origin
Course Description  When most people think about currency exchange, we are usually thinking about buying foreign currency to bring with us on vacation. However, currency exchange involves much more such as treasuries, bonds, imports and exports, trade imbalances, and the borrowing costs of a country. This free online course about currency exchange gives us a key insight into the financing behind a country's growth and development, and answers questions such as how is the money raised to build a country's infrastructure. The course discusses how currency is valued, devalued, and how countries trade and lend money to each other. It also discusses the knock-on effects of lack of demand for treasury bonds to a country and the costs thereafter. This course will be of great interest to business and finance professionals who would like to learn more about currency exchange mechanisms, and to the non-finance professional person wishing to know more about what role currency exchange practices play in the financial system.
License  This course is available from Khan Academy OpenCourseWare through the following Creative Commons licence:
Creative Commons License
Release Date 07 November 2012
   
Content  
Course Duration (Avg Learner) 1-2 Hours
Video/Audio High
Audio Only High
Animation None
Assessments Yes
 
Education Level
Age appropriateness 18+ Years
Minimum Grade/Class Level Post-Secondary
 
Validation Level 5
ALISON Testing Yes
Certification Availability
PDF Download Yes
Parchment Yes
Framed Certification Yes
   
Merchandise Availability
Marketing Information
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Course Forum  View

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  • Robert Makepeace United Kingdom Very informative and easy to follow. 2015-03-12 23:03:42
  • Obidinma Nnebe Nigeria Very insightful. The simplicity of the teaching beats my imagination. Thank you very much 2015-03-08 21:03:00
  • Rashmi Sharma United Kingdom It is very well planned course which is given at a good pace and with clarity. Very useful. 2015-03-08 16:03:45
  • Fabian Von Lucken Australia Great over view course for beginners. 2015-03-03 11:03:46
  • Pedro Vitor Portugal Very clear and easily understandable. Congrats. 2015-02-28 00:02:05
  • Ivan Edwards United States of America Easy to learn straightforward walk through on currency exchange. Comes down to supply and demand but also govts intervening with their currency for their economic interest. 2015-02-26 00:02:09
  • Dipak Sharma India The course content and presentation is best I can think of. The complex trade, currency and treasury functioning has been explained in the simplest of manner.. Thanks, Dipak 2015-02-13 10:02:35
  • Dipak Sharma India Excellent presentation and tutorial, being a finance student I can appreciate the way you have simplified complex global trade, exchange and treasury function in such simple and lucid manner. Thanks Dipak 2015-02-13 10:02:24
  • Rihame El Hajj Lebanon Nice explanation. 2015-02-12 13:02:17
  • James Millerick United Kingdom Excellent explanation of each. Testing could be slightly more lenient when inputting answers as terminology can often determine failure. Overall great and informing course. 2015-02-08 20:02:02
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Free, Online Currency Exchange Course.