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Currency Exchange Course


Currency Exchange
Currency Exchange

Learn about currency exchange mechanisms.


Join 10,321 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.

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Course Rating (By Learners): 4 stars based on 123 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

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  • 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
  • Hamza Helmy
    Hamza Helmy Saudi Arabia Nice, short and informative. I have completed it in one session. Thanks 2015-11-02 13:11:26
  • Antony Eames
    Antony Eames Ireland Excellent Course 2015-10-30 11:10:24
  • Prabha Karan
    Prabha Karan India Its very useful to know how the stock market and money exchanges to intervene the country Economical Strategies. 2015-10-26 13:10:58
  • Yasser Badawy
    Yasser Badawy Egypt I think it's useful :) 2015-08-27 11:08:49
  • Devendra Kumar
    Devendra Kumar India It was a very informative course. 2015-08-22 08:08:58
  • Alfred Olajide
    Alfred Olajide Nigeria This was a very informative course and it helped me understand better how currency trade works. I learnt some valuable terminologies and learnt what to look out for in a market move. 2015-08-11 22:08:50
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Free, Online Currency Exchange Course.