ACTIVITY FOR CURRENCY Title: Exchange City Objectives: Children will demonstrate the process of bartering by exchanging with

another child an item that is more valuable to them. Material: Items to be exchanged Letter to parents Activity: 1. Tell the children you are planning a day called Exchange City. Explain the Exchange City is a day when the boys and girls bring in items that they would like to exchange with each other. EXPLAIN!! That the exchange is for real. They will not get back the item that they brought if they choose to exchange it with another child. 2. The children are to bring in an item that is not too expensive. Explain to the children that they do not have to exchange their item if they feel there is not another item that is worth as much to them as the one they brought. 3. Before you start the lesson ask the children to set out the item that they choose to bring. 4. Make sure that everyone has brought an item 5. Now that you have made sure everyone has the proper items -set a date in which Exchange City will take place. 6. Send a letter home to the parents explaining what activity you have planned. Encourage parents to come to visit on the day. 7. It is now EXCHANGE CITY DAY!! 8. Explain to the children exactly what a barter system is: Barter is the exchange of goods or services without money. (Introduction)

9. Now that you have explained what barter is, ask the class to place their items on their desks. Let the children walk around and get a sense of what other children have brought. Once they are seated, you (the directress) begin the exchange by offering one child the item you brought. This should get things rolling. 10 While they are participating in Exchange City, walk around the room and listen to the different comments made to each other. 11. Have the children define barter, comment on the activity, and list three examples of barter they have been involved in. 12. Observe activity and write down comments the children make throughout the exchange. (Assessment) 13. Take pictures throughout the activity and develop them for display in the room

KIDS COURT MONTESSORI DATE: 04/06/2012 15/06/2012 TOPIC: CURRENCY WRITTEN BY: NIMA YUSUF-AWARI OBJECTIVE OF ACTIVITY 1. 2. 3. 4. 5. By the end of the lesson, children will understand the history of money. Children will understand what money is used for, the denominations of currencies and why money is important. Children will learn how money is used in everyday life. Children will be able to identify different coins and paper money and become comfortable counting small sums of money. Children will identify different uses for money.

MATERIALS Displayed money on boards, song chart, Nigerian and foreign currency notes and coins, cowries, worksheets on money and money cards for matching.

ACTIVITIES FOR THE CHILDREN Singing rhymes on currency/money Art Activities Colouring and making piggy bank Extended Activity Activity on trade and bartering (exchange city)

VOCABULARY/LANGUAGE: Money, naira, kobo, pound, dollar, euro, yen ADULT ROLE: Ensure that clean and relatively new money notes are used during presentation. OUTLINE SHOWING RELATION OF THEME TO THE DIFFERENT AREAS OF CURRICULUM THE CONCEPT WEB (Attached) ASSESSMENT: 1. 2. 3. Give children money matching worksheets Ask children to find the correct amount of money laid out and put inside the correct amount written on an envelope. Identification of different denominations The teacher should put some paper money and coins on the mat then ask the children to identify.

DAY 1 1. 2. 3. 4. Tell children that currency simply means Money a system of money being transmitted from a person to another person. Tell them it can also be any object that has a perceived value and can be exchanged for other objects. Tell them In the early days of this Nation (Nigeria) before the white people came, trade by bartering system was used. Explain what Trade by Barter is and follow up with a simple example. - Barter was the means of exchange in the Ancient days. - Barter simply means to exchange goods or valuables.. - Give an example of Grandpa giving a portion of his land to his friend in exchange for a bicycle or cattle or any valuable thing. Tell them Cowry was later introduced which had the greatest acceptability and widespread. Show them picture of cowries. Tell them the first paper notes and copper coins came into existence on 1 st July, 1959. Teacher ends lesson Tell the children that they will be learning about money, what it looks like and value. Also tell them to come to school with any denomination of paper money or coins the following day.

5. 6. 7.

DAY 2 1. Talk about the displayed currency on the board. 2. Bring out the money cards; show the children different denomination of coins and bills. Begin discussing further so they can identify. 3. Furthermore, let them show you the ones they brought to school. 4. Introduce the foreign currencies as well. Tell them the countries using the currencies and their names. 5. Discuss why money is important - Money is used to get something in return - Money is used to buy the things we want and need. Give examples

DAY 3 1. Bring out the money card Lay out on the mat and begin talking about the sizes, colour and texture.

2. 3. 4. 5.

Call the children one at a time to identify N1, N5, N10, N20, etc. Also to identify different coins. Teacher visually shows children how to count coins. When children are able to correctly identify and count coins, teachers can introduce paper money. After children learn to recognize the different denomination of coins and bills, directress can now use money worksheets to teach and reinforce ageappropriate maths concepts.

DAY 4 1. Talk to children about how money is used in everyday life. 2. Tell children again that money is used to buy things we want and need. Mummy and daddy uses money to buy clothes for us, to pay our school fees and uniforms so its part of our lives. 3. Ask children if they see mummy or daddy paying for a particular thing at the store, then further discuss about it. 4. Tell children that the use of money in our everyday life can also help them develop other skills such as saving, sharing and interacting with others. 5. Talk about saving Saving is an important part of learning how to manage money. 6. Teach children ways to save. - Introduce the piggy bank as a way of saving money given by mummy or daddy, relatives and friends. 7. Tell children that saving money can help them learn how to plan (that is plan for mummys birthday or daddys birthday. Also spent on something special. 8. So further tell children that saving money can also help them develop patience and learn how to delay gratification (that is getting what they want). 9. Saved up money can also be put in a bank. Tell them many banks have savings account for children.

DAY 5 Activity for currency Trade by Barter Children bring in things (toys, gifts, snacks etc.) to exchange with their friends (Lesson plan available for this)

BOOKS The Monster Money The Three Little Pigs RHYMES Hot Cross Buns Sing A Song Of Six Pence

Hot-Cross Buns Hot-cross Buns! Hot-cross Buns! One a penny, two a penny, Hot-cross Buns! Hot-cross Buns! Hot-cross Buns! If ye have no daughters, Give them to your sons. One a penny, two a penny Hot-cross Buns!

THEME: CURRENCY WEB (Knowledge and understanding of the world) - Cultural History of money Different countries currency Buying and selling (Personal Social, Emotional Development) - Practical Life Sorting of various money Different types of money Recognizing different (Communication Language Literacy)

CURRENCY

- Language Names of the money Reading stories about money

(Problem solving reasoning and numeracy) - Mathematics Counting money Sorting money (different money) Addition of different

(Physical Development)

- Sensorial Matching Sorting Touch colours/identifying/texture/size