Money Conversion Worksheets

How to Convert Money Between Different Currencies - Just as the use of different languages in different regions and the use of different measurement units in different regions of the world, each country has its currency as well. The difference in currencies of each country is majorly due to its economic background. The strength of a country’s currency solely depends upon the economic strength of that country. For example, the currency of the United States is United States Dollars. Due to the economic stability of the United States, the dollar is considered as a medium of currency exchange worldwide. Currencies of almost every country in the world are evaluated based on its dollar value. Hence the conversion of money value between different currencies is held in most cases based on their dollar values. Although two different currencies can be exchanged without the inclusion of dollars in the process and it can be done at any local currency exchange. But in most cases, a currency is first converted in dollars and then into the second currency.