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Lesson 4: Using Exchange Rates: Devaluation, Revaluation and Exports
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Currency and Exchange Rate
Lesson 4 · Using Exchange Rates: Devaluation, Revaluation and Exports
Currency and Exchange Rate
Mathematics
Subject
8 min
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Activity 1
Studying Nepal Rastra Bank's exchange rates
Method
Form groups with a suitable number of students.
Study carefully the exchange rates of several countries' currencies declared by Nepal Rastra Bank on Bhadra 5, 2079.
Discuss in your group and answer the questions below.
Discussion
Who determines the exchange rate of currency in our country?
If the currency of America is called the dollar, what is the currency of China called?
According to the exchange rates, why is the selling rate more than the buying rate?
What are the buying rate and the selling rate? Discuss.
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