Currency is the money that people use to buy and sell goods and services in their country. Different countries have their own types of currency, which can be in the form of coins or paper notes.
01. Dollars: Many countries use dollars as their currency. For example, the United States has the US Dollar (USD), while Australia has the Australian Dollar (AUD). The symbol for the dollar is "$".
02. Euros: The Euro () is used by many countries in Europe, including France, Germany, and Spain. It is unique because it allows for easier trade and travel between countries in the European Union.
03. Yen: The Japanese Yen (JPY) is Japan's currency. It is known for its unique symbol () and is one of the most traded currencies in the world.
Different currencies can be found on various continents:
Currencies matter because they make trading easier. For example, if a person from Japan wants to buy something from France, they will need to exchange their Yen for Euros. This helps support international business and travel.
Countries' economies depend on their currencies, and exchange rates can affect global trade. Changes in currency value can also influence tourism; when one currency is strong, it can make it cheaper for tourists to visit, boosting that country's economy.
Understanding currency helps us learn how people around the world exchange goods and services. Whether it's dollars, euros, or yen, each currency plays an essential role in the global economy.
