Panama Is the Oldest Latin American Country to Adopt the U.S. Dollar As

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Panama Is the Oldest Latin American Country to Adopt the U.S. Dollar As

TOPIC Currencies are the monetary systems used in the different countries. There are 39 currencies used in America. In Panama, the currency is the Balboa. The rate of exchange Panama is the x for the balboa has always been tied to the US dollar. x oldest Latin Currencies and monetary units allows us to pay for goods American and services. country to adopt the U.S. OBJECTIVES: Dollar as legal 1. To distinguish currencies from different countries. tender? 2. To identify the different monetary units used in our country TOPIC EXPLANATION READ CAREFULLY AND PRACTICE CURRENCIES IN AMERICA COUNTRY CURRENCY United States Dollar Canada Canadian dollar Mexico Mexican peso Colombia Colombian peso Costa Rica Costa Rican colon Brazil Brazilian real Chile Chilean peso Cuba Cuban peso Peru Nuevo Sol VOCABULARY CURRENCY Moneda de un país DIME 10 centavos HOW MUCH Cuánto? QUARTER 25 centavos PRICES Precios DOLLAR Dólar CENT / PENNY Centavo MONETARY SYSTEMS Sistema monetario NICKEL 5 centavos LEGAL TENDER Moneda de curso legal COIN Moneda BILL Billete MONETARY UNITS 1 cent / 1 penny 1 dollar 1 nickel / 5 cents 1 dime / 10 cents 5 dollars 1 quarter / 25 cents 50 cents / a half dollar 10 dollars 1 balboa 20 dollars READING COMPREHENSION READ CAREFULLY My friend Linda is in Costa Rica. She says that she can´t use her money there because in Costa Rica they use a different currency. She has to go to a bank and change her dollars for the Costa Rican colones to pay for all the services and to buy souvenirs. It is not easy to be in another country when you don´t know the currency and its equivalence with your currency. When you are in another country and you want to buy something, the first thing you have to do is to ask how much the object is; then, you need to ask how much it is in dollars to have an idea of how much money you are going to spend. STRUCTURE HOW MUCH Use how much to ask about prices. How much + auxiliary + suject How much is this TV? How much is this book? It is fifty dollars. It is twenty dollars. I want it. SAYING AND ASKING FOR PRICES SINGULAR ITEMS PLURAL ITEMS How much is it? ($ 4.20) It’s four dollars twenty cents. How much are they? ($ 6.15) They’re six fifteen. How much is that? ($10.00) It’s ten dollars. How much are those? ($ 3.00) They’re three dollars. How much is this book? ($2.50) It’s two fifty cents. How much are these books? ($ 10.50) They’re ten fifty. How much does it cost? ($ 5.00) It costs five dollars. How much do they cost? ($ 4.00) They cost four dollars. .

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