Subject: Exchanging Money
1. Topic-
Currency exchange
2. Content-
Exchange, rates, buy and sell currencies, commissions,
3. Goals: Aims/Outcomes-
1. To know how to operate in a foreign country with a different currency.
4. Objectives-
1.Class this lesson's aims are:
- currency exchange sessions
- different methods of payment
- dollar Vs euro
5. Materials and Aids-
Foreign, currencies, newspapers, Internet
6. Procedures/Methods-

A. Introduction-

1.The instructor can bring to class some newspaper that will show different currency rates and if possible ; some different samples of foreign currencies and coins:
1. Show the notes and coins and ask their values in local currency.
2. Now list a number of countries on the board and ask your students to guess their currencies.
3. Countries: India, Bahrain, South Arabia, Israel, Mexico, Argentina, Brazil, Malaysia, Russia, Iran, Angola, South Africa, Canada, Thailand etc.


B. Development-

1.Arrange the students in pairs and get them to come up with a list of the countries that share the same currency. Example: Pick a student and give him a few dollars and pretend you are in Japan. He is to change the dollars into yens. Role play the situation in front of the class.

C. Practice-

1.Play the recording again, to serve as a model and arrange the students in pairs. You should take a newspaper to the class or if you get access to the Internet get the exchange for the day on the board and ask the students to pretend they are tourists of the following countries visiting following countries:
A host countries B visiting countries
New Zealand Japan
China Thailand
USA Mexico
France Venezuela
Brazil South Africa
Students from A countries will play the role of agents, working at an exchange bureau; while students from B countries will play the role of tourists. After the 1st role play switch the roles, in that the host countries will produce tourists and the tourist countries now shall become the host countries.

D. Independent Practice-

1.Create situations, where a tourist is faced with problems.
1. A traveler lost his/her credit card in a certain country. What should he or she do?
2. Her visa card will expire tomorrow, which is a Saturday and the transaction will only go through for next Monday. How to solve this problem?
3. A tourist went out to sightseeing and lost his American Express traveler's checks. How to solve the problem?
4. The tourist forgot his wallet, but he has on himself values such as Rolex watch, gold rings, and gold chain. He is faced with $300.00 dollar bill from the hotel. What should he do in this situation?
5. A person is in a group traveling and she lost all her money, when she was mugged. How should she or the group solve her hotel bill?
6. Jack is in Mexico and he doesn't have local currency to pay the hotel. What are his choices?
Could he pay with his credit card? Many hotels in Mexico won't take dollars. They'll only take Mexican pesos.
7. A British traveler is in Mexico and he only has sterling traveler's checks. There are two banks near the hotel. What should he do to settle his hotel bill?
8. A tourist is in Venezuela and when she received the invoice to pay her bill, she noticed that the bill was extremely higher than she expected. What to do if the clerk is unreasonable and he insists she pays the bill as it is?
9. A tourist cannot check into a hotel because he lost his passport in the way from the airport to the hotel. Bad situation, what should he do?
10. A hotel customer was promised a 30% discount, when she booked her room over the phone. Now after her two day stay, the hotel is refusing to give her any discount. However she was very smart and taped the booking conversations. In spite of all that the hotel still refuses to give her the promised discount. What should she do?

E. Accommodations (Differentiated Instruction)-

1.2. Arrange the students in pairs to role play, switching roles, and solving the situations and problems listed above from 1-10.
7. Evaluation-
1.Have the objectives of this lesson been achieved?

This Lesson Plan is available at (