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Currency Exchange


Currency Exchange

Currency Exchange

Learn about currency exchange mechanisms.


Students: 6,258
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 Higher High Secondary School
 
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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  • Andrew Charles Australia Excellent introduction to the subject. 2014-12-14 21:12:26
  • Mahammad Basha Talari India The course designing structure is very good, It would greatly helpful to the beginners. 2014-11-29 14:11:14
  • Frank Sumani United Arab Emirates Very interesting topic and I like it. 2014-11-28 07:11:19
  • Erica Holloway Canada Very informative- the test is great, forces you to actually listen to the content rather than fast forward through everything. 2014-11-20 19:11:28
  • Juan Carlos Cano Mexico Good information 2014-11-10 04:11:05
  • Kah Seen Lee Malaysia This is my first course in Alison. It is a very good course. The instuctor's explanation is very easy to understand. I have gained more knowleage on how a goverment use strategies to manage a country's economy growth. I also know more on what is happening in our world today. I give 10/10 full marks to the instructor. 2014-11-10 03:11:29
  • Karthikeyan Manickavelu India Watching your videos on currency exchange definitely paid off. Expecting more sessions to understand more on currency exchange. 2014-11-09 05:11:38
  • Lilybeth Eleccion Philippines My understanding on the subject has somewhat improved. Thanks. 2014-11-06 06:11:30
  • Awoyo Olukayode Simon Nigeria The course gave a simplified outlook to the subject of currency exchange 2014-10-27 11:10:11
  • karam shaar Malaysia An excellent course. I recommend all to view it, even if you don't have any background whatsoever in economics and finance. 2014-10-26 01:10:30
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Free, Online Currency Exchange Course.