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Illustration of Currency

Currency

Currency is a system of money in general use in a particular country or economic system…

Reads at Pre-K Listens at Pre-K–1

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28 worksheets · answer keys · full story · quiz · Ages 3-5 · CEFR A1

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The story

Hello, I'm Currency!

Imagine you have a basket of yummy red apples, but you really want your friend’s warm, fuzzy blanket. What do you do? You swap. A long, long time ago, around 9000 BCE, that’s how everyone got what they needed. People would trade pretty seashells for strong tools. Or they might give a big cow in exchange for lots of grain to eat all winter. But carrying a big, heavy cow to the market is very, very hard. It goes 'moo' all the way. It was a big puzzle.

That’s when I came along to help. Hello, I’m Currency. You might also know me as money. Instead of trading a big cow, people needed something small and easy to carry. So, a very long time ago, around 600 BCE in a place called Lydia, people made me into shiny metal circles. They were called coins. Clink, clink, clink. Later, in a place called China around the 7th century, they made me out of paper. I was as light as a feather and could fit right in your pocket. No more heavy cows.

Today, I am still helping you. I live in pockets and piggy banks. When you use me to buy a bouncy ball, a yummy ice cream cone, or a colorful new book, I am there. I help people all over the world share and get the things they need to be happy and healthy. I am a little helper in your pocket, making it easy for everyone to trade and play.

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About

Currency is a system of money in general use in a particular country or economic system, used as a medium of exchange for goods and services.

First use of commodity money (e.g., cowrie shells) 1600 BCE
Invention of the first standardized coins 600 BCE
First development of paper money 618 CE - 907 CE (circa)
First government-issued banknotes 1024 CE - 1279 CE (circa)

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Currency
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