FINANCIAL LITERACY - GERMANY Presentation Money and Currencies

Money and currencies My financial future in my hands Germany

ERASMUS+: My Financial Future in My Hands

Table of Content • • • • •

What is money?

Types of money Currencies worldwide Major currencies Sources

What is Money?

• Medium of exchange • Requirement: will to exchange!

Types of money Cash • Bills and Coins

Book Money • Money on the bank • Value systems • Saving accounts

Currencies worldwide • 2018: 180 currencies (acknowledged by the UN) • Used in 195 nations

Major currencies • Most frequently used currencies in world payment (2018): 1. United States Dollar (39,71%)

2. Euro (34,24%)

3. Pound Sterling (7,28%)

Major currencies • The 15 major currencies worldwide (2018)

Sources https://www.investopedia.com/insights/what-is-money/ (27.12.18) https://www.wissen.de/bildwb/geld-welche-arten-von-geld-gibt-es-heute (27.12.18) https://en.wikipedia.org/wiki/Currency (27.12.18) https://www.leftovercurrency.com/exchange/british-pounds/current-bank-of-e ngland-banknotes/bank-of-england-5-pounds-sterling-polymer-banknote-winsto n-churchill / (28.12.18) https://www.justinesmith.net/product/money-map-of-the-world-2013 (28.12.18)