Money

We all know the importance of Money. But what really is Money?

Money is a man made instrument, to help us exchange goods and assign values to stuff. Money can be in form of Currency Notes, Coins, or Bank Money. We can withdraw money from Bank through ATMs, cheques or Bank Tellers.

Different Types of Money is used in diferent parts of the world. These are called Currencies.

1- USA – US Dollar

2- Mexico – Peso

3- Brazil – Real

4- Egypt – Egyptian Pound

5- UK – Pound Sterling

6- Europe – Euro

7- Russian – Rubel

8- India – IN rupee

9- Japan – Yen

10- Australia – AUD

These currencies can be exchanged amongst themselves. Here are some important Currency Exchange Rates:

1 USD = 45 INR = 1 AUD = 100 Yen = 0.75 Euro = 0.65 Pound = 12 Peso = 1.75 Real