Wednesday, October 28th

Moneyfest! Students brought in all kinds of foreign currencies (and I mean ALL kinds!) to share with their classmates. Focus of today was Foreign Currency Exchange Rates. Two questions were to be answered. Why don't you just get equal money when you make an exchange - why not just $1 for 1 Euro? And, how are foreign currency exchange rates figured out?

Mr. M did an activity with the students using Saudi Arabian Riyals. Mr. M was the American businessman selling a popular product - candy. Through a process in the activity, students learned that many factors come into play in figuring out exchange rates.