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Currency Exchange


Currency Exchange
Currency Exchange

Learn about currency exchange mechanisms.


Join 8,061 other students.
4 112

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 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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Course Rating (By Learners): 4 stars based on 112 reviews
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

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  • aaa
    Innocent Mpangeru South Africa This is a great wonderful course indeed, increases ones knowledge about the currency markets and how they work, great course indeed. 2015-05-28 10:05:37
  • aaa
    Robert Makepeace United Kingdom Very informative and easy to follow. 2015-03-12 23:03:42
  • aaa
    Obidinma Nnebe Nigeria Very insightful. The simplicity of the teaching beats my imagination. Thank you very much 2015-03-08 21:03:00
  • aaa
    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
  • aaa
    Fabian Von Lucken Australia Great over view course for beginners. 2015-03-03 11:03:46
  • aaa
    Pedro Vitor Portugal Very clear and easily understandable. Congrats. 2015-02-28 00:02:05
  • aaa
    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
  • aaa
    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
  • aaa
    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
  • aaa
    Rihame El Hajj Lebanon Nice explanation. 2015-02-12 13:02:17
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Free, Online Currency Exchange Course.