Ask the students if they have ever gone to a different country and had to use a different currency.
Explain that in today's lesson, we will be learning about money conversion word problems.
State the learning objective for the lesson: By the end of the lesson, students will be able to convert different currencies and solve word problems related to money conversion.
Review of Currency (5 minutes)
Ask the students if they know what currency is.
Show different currencies from different countries and ask the students if they can name them.
Explain that every country has its own currency.
Review the concept of exchange rates and how they affect the value of different currencies.
Converting Currency (10 minutes)
Introduce the concept of converting one currency to another.
Use examples and visuals (ex. charts, tables) to show students how to convert one currency to another.
Practice converting different currencies with the students (ex. converting USD to EUR).
Solving Word Problems (10 minutes)
Present the students with different word problems related to currency conversion.
Walk the students through the steps to solve the word problems (ex. identifying the amount given, converting the currency, etc.).
Practice solving different word problems with the students.
Conclusion and Homework (3 minutes)
Review the learning objective and ask if the students feel like they have met it.
Assign homework for the students to complete (ex. 5 currency conversion word problems).
Thank the students for their participation and attention.
Homework
Convert 100 USD to CAD.
If the exchange rate from CAD to EUR is 1 CAD = 0.65 EUR, how much EUR would you need to buy a 30 CAD shirt?
You have 5000 JPY. If the exchange rate from JPY to USD is 1 JPY = 0.0091 USD, how much USD is this worth?
If you exchange 50 EUR for USD and the exchange rate is 1 EUR = 1.20 USD, how many USD will you get back?
You want to buy a 15 USD book. If the exchange rate from USD to GBP is 1 USD = 0.75 GBP, how much GBP will you need to buy the book?