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Currencies of the World

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question 1 of 3

The concept of currency can be most directly equated to what?

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1. The value of fiat money is based in what?

2. When looking at the exchange rate specifically, the value of a currency is determined by what?

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About This Quiz & Worksheet

What are some of the most powerful currencies in the world? This quiz/worksheet tests what you know about the value and use of the world's leading forms of currency.

Quiz & Worksheet Goals

During the quiz you will:

  • Point out another term for currency
  • Explain how the value of fiat money is determined
  • Name the most traded currency in the world

Skills Practiced

  • Knowledge application - use your knowledge to name the currency that is most likely to lose value due to changes in the cost and/or supply of crude oil
  • Information recall - access the knowledge you've gained about how the value of a currency is determined in regards to exchange rates
  • Interpreting information - ensure that you can read information about fiat money and interpret it correctly

Additional Learning

The lesson called Currencies of the World will help you better understand this topic. This lesson covers:

  • Where the Swiss franc is used
  • Point out when the euro was introduced by the Eurozone
  • Name the original basis for the value of the US dollar
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