Lesson 4 · Using Exchange Rates: Devaluation, Revaluation and Exports

Currency and Exchange Rate

MathematicsSubject
8 minEstimated read
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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