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What is Currency and Exchange Rate? A Simple Explanation for Kids and Beginners

This video answers "What is Currency and Exchange Rate" in a simple, kid-friendly way. PLEASE SUBSCRIBE (It’s FREE!): http://bit.ly/EasyPeasyFinanceSubscri... ⬇️ Click SHOW MORE for details ⬇️ The video addresses the topics below: What is a Currency Currencies of different countries Do all countries have a currency Currency common between countries (example: Euro) What is Exchange Rate Exchanging one currency for another currency How is the exchange rate between currencies determined (foreign exchange or forex market) What are the factors that impact the foreign exchange rate How frequently does the exchange rate change What currency is used is international transactions (most commonly, the US dollar) What is Bitcoin Hope you like the video and stick around for more finance fun! And please let us know your thoughts (or a suggestion for a video) by leaving a comment! ⬇️ RELATED VIDEOS ⬇️ What is a Currency Exchange:    • What is a Currency Exchange? A Simple...   What is Money:    • What is Money? A Simple Explanation f...   Earning, Spending, Saving and Investing:    • Earning, Spending, Saving and Investi...   What is Interest Rate:    • What is Interest Rate? A Simple Expla...   What is Finance:    • What is Finance? A Simple Explanation...   What is a Bank:    • What is a Bank? A Simple Explanation ...   ⬇️ RELATED PLAYLISTS ⬇️ Key Personal Finance Terms for Kids:    • What are Sectors? Industry vs Sector:...   All about Money for Kids:    • What is Currency and Exchange Rate? A...   All about Investments for Kids:    • What are Mutual Funds? A Simple Expla...   Introduction to Finance for Kids - Earning, Saving, Investing, Compound Interest, Inflation, Net Worth, Emergency Fund:    • What is Finance? A Simple Explanation...   All About Banking for Kids - Bank, Credit Union, Checking & Savings Accounts, ATM, Online Bank, ACH Bank Transfer, Etc:    • What is an Investment Bank? A Simple ...   -------------------------------------------------------------------------------- ** Easy Peasy Money ** A Fun Money & Budgeting Book for Kids. The book covers all aspects of money: Earning, Spending, Saving, Investing, Borrowing and Budgeting. View on Amazon: https://amzn.to/3m6d22z ** Easy Peasy Investing ** A Fun Investing Book for Kids. The book covers all aspects of investing: Compounding, Risk-Return, Liquidity, Asset Classes, Diversification, Asset Allocation and Portfolio Rebalancing. View on Amazon: https://amzn.to/3ZhaVHz ** Easy Peasy Banking ** A Fun Banking Book for Kids. The book covers all aspects of banking: Banks, Credit Unions, Checking & Savings Accounts, ATMs, Checks, CDs and Online & Virtual Banking. View on Amazon: https://amzn.to/3ZiYyLm ---------------------------------------------------- For more details and transcript, please visit: https://www.easypeasyfinance.com/curr... FREE Crash Course in Money Management - Basics of Money and Personal Finance for Kids & Beginners: https://www.easypeasyfinance.com/free EMAIL: [email protected] WEBSITE: https://www.easypeasyfinance.com/ INSTAGRAM: @easypeasyfinancekids   / easypeasyfinancekids   TWITTER: @easypeasyfinanc #Currency #ExchangeRate #Forex #Finance101 #FinanceForKids #FinanceForBeginners #EasyPeasyFinance The links mentioned may be affiliate links: at no additional cost to you, we earn a commission if you click & make a purchase. Credits: Graphics: https://www.freepik.com/, https://openclipart.org/, http://www5.flamingtext.com/ Music: http://www.freesfx.co.uk/, http://www.SoundBible.com -------------------------------------------------------------- The links here may be affiliate links, meaning at no additional cost to you, we earn a commission if you click through & make a purchase. Easy Peasy Finance is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. ----------------------------------------------- The information presented in the video and the description is for educational purpose only. The presenter(s) / speaker(s) / Easy Peasy Finance are not financial advisors, and do not provide investment advise. Please consult a qualified financial advisor before making any investment decision.