Money

Money!

We are going to have fun learning about money. Let's get started!

Money

We are learning to write money with decimal points.

Key Terms

• Money: is a generally accepted means of exchange. It is also give as exchange for goods and

  services.

• Currency: The type of money spent in a particular country is called its currency. For example, in Nigeria, the currency is

  Naira and

  Kobo.

• Coin: usually metallic and in the shape of a disc, used as money in everyday

  transactions. In Nigeria, we have:

  N2 coin, and N1 coin

Key Terms cont

• Note:

  A piece of paper money. For example,

  N500, $20, €100

  e.t.c

• Worth: having a particular value, especially in money

• Amount: the sum total of two or more quantities or

  sums

This is the Nigerian 5 Naira note.

This is the Nigerian 10 Naira note.

This is the Nigerian 20 Naira note.

This is the Nigerian 50 Naira note.

This is the Nigerian 100 Naira note.

This is the Nigerian 200 Naira Note

This is the Nigerian 500 Naira note

This is the Nigerian 1000 Naira note.

Original photos of some of the

people on the naira note

The naira notes contains pictures of the people

and the things we are most proud of as Nigerians.

The Fulani milk maids (John Wilfrid Hinde an English photographer took the picture in 60s

General Murtala Ramat Mohammed(one of the Military ruler of Nigeria)

Ladi Kwali ( a renowned Nigerian female Potter)

Chief Obafemi Jeremiah Oyeniyi Awolowo (First premiere of the Western Region)

Sir Ahmadu Bello ( a descendant of Uthman Dan Fodio)

Benjamin Nnamdi Azikwe (First president of Nigeria)

Alhaji Aliyu Mai - Bornu (First Governor of Central Bank)

Currencies from other countries of

the world

Currencies from other countries of

the world

US dollars from the US

English pound from England

Canadian Dollars from Canada

Japanese Yen from Japan

Israeli shekel from Israel

Arabian Dirham from United Arab Emirates.

Brazilian Reais from Brazil.

South African Rand from South Africa.

Indian Rupee from India

European Union Euro from European Euro

Ghanian Cedis from Ghana

Chinese dollar from Hong Kong

Russian Ruble from Russia.

Egyptian Pound from Egypt

Thailand's Thai Baht from Thailand.

These are some other forms of Money.

These are some other forms of Money.

Check/Cheque

Credit\Debit Card

What does it all mean?

Writing words as money means changing

the words that you see into numbers,

using a decimal point.

So... what goes where?

• Whole Nairas go before the decimal point.

• Eg four naira and thirty six kobo

• how many whole naira are there?

• 4

• So the 4 goes by the Naira sign, before the decimal point.

• The kobo go after the decimal, as they are parts of a naira.

Multiple Choice

Write Eight dollars and 22 cents in numeral 

• $22.8

• $8.22

Thank you