My Own Currency Organizer


The currency system in the chart below is based on powers of 2. This means that it uses "doubles" for its different coins and notes.
  • What are the advantages of this system?


  • Do the coins and notes allow for more combinations than the Japanese or U.S. systems?


  • What disadvantages are there to the system below?

    Notes Coins
    1024 64
    528 32
    256 16
    128 8
      4
      2
      1


Now, imagine that you have just discovered a country. As its founder and ruler, you have to develop a system of currency.

  • How many coins and notes will there be in your currency system?




  • What values will they have?




  • What will you call your new money?




  • What symbol will you use to describe it?

    Coins:







    Notes:




  • What is the name of your currency, and what is its symbol?



  • Explain why the values of the coins and notes you chose make a good system of currency.








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