Code: 1.1.5 · Children and youth
Understands that countries and regions (e.g. Eurozone) have their own currency that can be exchanged for the currency of other countries
Knows what type of financial service providers can offer currency exchange services
Aware that fluctuations in relative value of currencies can impact purchasing power, savings and debt
Can calculate the amount of foreign currency applying the exchange rate
Exchanges currencies taking into account exchange costs and risks
Compares costs related to currency exchange between different providers (including with the use of reliable currency converter tools)