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I am Teacher Steve and this is the One’s Word Global English youtube channel for all
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Today we will discuss currency exchange or money exchange in English.
Many of you like to travel and this is an important aspect of traveling, being able
to communicate and exchange money in a safe and easy way.
When you are in another country, it is always a good idea to exchange your money to the
local money to get a better price for anything you might want to purchase.
First, let’s look at a few important vocabulary words.
Currency. Currency is money.
Exchange. Exchange is to give something to someone and get something in return. In this
case we are exchanging money.
Local Rate or Exchange Rate. The Local Rate or Exchange Rate is the money number you will
get for a specific number of your native money.
For example: The local rate for the Mexican Peso is 12 Pesos for 1 US Dollar. So if I
exchange 2 dollars I will receive 24 Mexican Pesos.
Now that you have vocabulary knowledge, let’s look at how you would ask to exchange money
in another country.
Find a Currency Exchange or Money Exchange with the BEST exchange rate or local rate.
Ask the worker if they accept the money you want to exchange.
“Hello, do you accept Japanese Yen for exchange?” 3. Ask the worker what the exchange rate or
local rate is, even if it is listed somewhere. “What is the exchange rate for the Yen?”
4. If you are satisfied with the exchange rate number, make the exchange.
“I would like to exchange 1000 Yen please.” 5. You will receive your new money!
“Thank you.”
Let’s Practice!
I will be the worker and you the customer. You can practice saying the lines that will
appear on the screen.
Hello, how may I help you? Yes, we do.
It is 10 pesos to 1 Yen. Ok, here is your money.
There you have it, some great English for a travel situation we will all find ourselves
experiencing at some point in our travel adventures.
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Until next time, have a great day!