Sign-up today to join over 8 million learners already on ALISON:

Currency Exchange Course


Currency Exchange
Currency Exchange

Learn about currency exchange mechanisms.


Join 13,363 other students.

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.

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 purchase 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.

Share This Course!






Manage a Group of Learners
Course Rating (By Learners): 4 stars based on 138 votes
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

Study for Free at Your Own Pace! Start This Course

  • Kasim Alsina
    Kasim Alsina United Kingdom Very good! 2016-11-17 10:11:57
  • Bonny Brink-Lawrence
    Bonny Brink-Lawrence South Africa This course is most insightful and very well designed. The modules are presented well and I learnt a great deal more about Financial economics! Thank you so much Bonny 2016-07-19 13:07:09
  • Ghazala Kamran
    Ghazala Kamran Pakistan very interesting. I learned a a lot. 2016-05-26 21:05:20
  • Alfredo P Garcia
    Alfredo P Garcia Australia As a trader my world revolved always around technical analysis and fundamental news ALISON put a new perspective in the way I look at the financial world. I have more understanding how the financial system works, how the international dynamics of currency really develop Many thanks Alfredo Garcia 2016-04-01 15:04:58
  • Alfredo P Garcia
    Alfredo P Garcia Australia As a professional trader in financial markets. I must say that this course opened my mind in a different and positive way. Thank you for your tremendous help. ALISON courses is teaching us the way it should be done. Clearly, positively and creating a path of good results in a confident way. Thank you once again. Alfredo Garcia 2016-04-01 15:04:03
  • Tchetche Gbakui Tryphène
    Tchetche Gbakui Tryphène Cote D'Ivoire A very helpful course. I've learned a lot not only on currency exchange, but also on development policy. Thank you ALISON 2016-03-31 14:03:31
  • Roy Rissanen
    Roy Rissanen Cyprus Very informative and concise. Core principles well explained and presented. 2016-01-09 10:01:31
  • UNIVERSO CASTILLO
    UNIVERSO CASTILLO United States of America Very interesting course. I learn some principles and basis of currency exchange. 2016-01-07 03:01:25
  • Demar Carter
    Demar Carter Jamaica This course is well detailed and put together in such a way it is easy to gasps the materials disclosed. 2016-01-01 20:01:41
  • Ian Redding
    Ian Redding Canada This was a straight forward course. I learned a lot. It is very helpful. Thank you 2015-12-16 15:12:45
More Comments and Reviews >>

Study for Free at Your Own Pace! Start This Course

Free, Online Currency Exchange Course.