HomeОбразованиеRelated VideosMore From: Khan Academy

Currency Exchange Introduction

1708 ratings | 579889 views
Introduction to how exchange rates can fluctuate More free lessons at: http://www.khanacademy.org/video?v=itoNb1lb5hY
Html code for embedding videos on your blog
Text Comments (180)
road runner bill (1 month ago)
Get to the point dude
Smallz A (1 month ago)
im so confused smh
Ryan B (2 months ago)
I don't want to look at a black screen for a whole minute.
SegaMega (7 months ago)
this is nice https://currencyconverter.world/
Mourad Aouinat (7 months ago)
Offer and demand law
onlineinfo365 com (8 months ago)
You can find a simple currency converter at https://currency.onlineinfo365.com/
O. Demir (9 months ago)
Slow explaination, very bad
Michele Salvemini (10 months ago)
amazing video, as always
Nar Mosis (10 months ago)
Eric Chaussé (10 months ago)
What a horrible explanation. There's no need to literally right everything out, we're dealing with numbers.
Vladimir sonin (11 months ago)
Yes give a double chin to the girl
Barry Soetoro (1 year ago)
He graduated from MIT and worked as hedge fund analyst...finance is his bread and butter...I know he does tons of videos on other topics, but this series is his most insightful....he’s taking his time b/c people think they understand currency....but they don’t. Good job sal
josephgaming saji (6 months ago)
James Ward (1 year ago)
Dude pay some else to explain. You are trash at it
Chaitanya Reddy (1 year ago)
Thanks for this video .Simply superb and quiet easy to understand
Mehmet Ali K (1 year ago)
1001 or 1000 yuan
Michael Smith (1 year ago)
I found a nice tool https://calccrypto.net, that allow to calculate rates for almost all currency available in the world and even for cryptocurrencies.
Paul Renzi (1 year ago)
Mustache.. and maybe a hat as well.
Jamie Wu (1 year ago)
way to butcher the yuan
Jia Sheng Loh (1 year ago)
The way you're pronouncing yuan is srsly tilting me. Do some actual research before you present a lesson ffs.
Thomas (1 year ago)
My Econ teacher at SMUS says "won" for Chinese currency too. It's probably because the consonant "ɥ" does not exist in English.
Neoism888 (1 year ago)
Best watched at playback speed 2x
CALEB MOW WEN QIANG (1 year ago)
hes done a good job at explaining so dont judge
Çikolatalı Puding (1 year ago)
CALEB MOW WEN QIANG Judge for what
Timothy Bedell (1 year ago)
as of 02112018 1$ USD = 6.29525 CNY
Syed Fahad Quadri (1 year ago)
Not benefitted at all.... am I the only one who thinks Khans academy's teaching methods aren't gud?
Soyosan22 (1 year ago)
Yuan is not pronounced 'Wan'!
Mark Nepal (1 year ago)
It’s actually Sal Khan’s voice!
laurence mendoza (1 year ago)
try this currency exchanger and monitoring https://goo.gl/beumEq
TF Chris (1 year ago)
''-and maybe a hat as welllll...'' lool
Amber N Sally (1 year ago)
It is hard to follow when you repeat yourself so often, but thank you for the videos
Samarth (1 year ago)
Wtf.thisvideo isnt more than 3 minutes ( co tentwise)
everyone complaining how he spelled yuan wrong, but i complain about that yellow guy having 2 mouth
ThebLiser .V2 (1 year ago)
( ͡° ͜ʖ ͡°)
ThebLiser .V2 (1 year ago)
( ͡° ͜ʖ ͡°)
Rabie HABTAH (2 years ago)
Please why PPP is a building block for almost all exchange models ??
Hoansbuckler (2 years ago)
Rehearse next time can't stand watching this man make it up as he goes
jeff rolfer (9 months ago)
Miguelprado7 (2 years ago)
Hеу fоlks . Yоu саn bе riсh fullу оn autорilоt with АBS™. АBS™ is аaаа uniquе wау oоооf рrоfiting оnlinе thrоugh binаrу орtiоns. Start to рrоооfit right nоw ! Gеt stаrtеd hеrе ===> https://twitter.com/dba5f3db1d0da74f4/status/822802098999951360
Mike Peek (2 years ago)
And уоu сan tоо! Just sign uр using thе fоrm аbоvе tо gеt FREE ассеss аutорilоt apр! Yоu саn be mаking рrоfits within thее nехt 5 mins - guаrаntееееd! ✔ Brеett from NY mаdе $567 tоdааау Cliсk Hеrееее tо prоfit right noоw ! ===> https://twitter.com/0864cbf9c64ee0380/status/822802098999951360
Buddy A (2 years ago)
Good video, very helpful.  To previous commenters does it really matter if he was using "Yuan" or Dollars of potato chips.  Let his pronunciation of Yuen go.  Thanks for the help.
Ebrahim Mamsa (2 years ago)
Currency exchange is the biggest business in the world now. It is the largest capital market known also by foreign exchange. It is not hard for people to enter this business they just need a foreign exchange broker. My broker is ECNCAPITAL who help me with my trades. And they always try to make sure that their clients can manage profits by their trades. They also help to reduce the risk of their clients’ trades.
getreadytotube (2 years ago)
Wow you made this easy to understand
Muhammad Fadhil (2 years ago)
this trading concepts is called riba, you know guys, it is prohibited by our God
Muhammad Fadhil (2 years ago)
yes of course, there is no books like that in that era (islam golden era), because we do not need capitalism or any other trade formula, our God already give us a the best economy system that He guarantee that there is no injustice in it
veritas aequitas (2 years ago)
Muhammad Fadhil so you claim that islam knows about finances and trade hmmmm I just wanna educate you bro read hadeth and quran you only gonna find zakat jizzya and slave trade no economic theories or capitalism you also not gonna find any trade formula no economist in so called islamic golden era nor books like wealth of a nation get educated bro get out of dark ages and islamic banking scam
Muhammad Fadhil (2 years ago)
it is one of interest brother
Carl O (2 years ago)
"You-awn" ...won is korean
Do More (2 years ago)
This is not a actual class its YouTube make the video as compact as possible.
lostatsea775 (2 years ago)
Yuan or Renminbi
iReece07 (2 years ago)
Man who fuckin cares why the bloke with the moustache needs to convert his money?! You don't have to explain that - just get to the math bra.
Mr. Awesome (2 years ago)
Thank you for thiz vid!
RYN Jayy (2 years ago)
Tim Garland (2 years ago)
Thank you for your clear explanation. :)
Maximilian Pohlmann (2 years ago)
5:48 "ONEthousand YUAN that WANts to be traded." I lost it :D
Saunak Roy Choudhury (3 years ago)
This guy means to say 100 Yuan but ends up saying 101 i.e. one hundred one and not one hundred yuan
ISB Media (3 years ago)
You repeat everything you say when you are writing... -.-
RYN Jayy (2 years ago)
Hеrе аrе just а fеw оf thе kеу sесrеts insidе mу INCRЕDIBLЕ trааding sоftwаrе.==>https://twitter.com/a964de16a8a99fe5c/status/742671681655853056<<====<< Goоооd strаtеgу>>> Currеnсу ЕЕЕЕхсhаngе Intrооduсtiоn
Alpha Omega (3 years ago)
Thanks Mr. Khan, however, I still believe that there are plenty of currencies manipulations in the market and there is no way that one nation can control the world currencies...not the US, China or Russia.
Has2Saucy (3 years ago)
Thanks so much you have helped me understand currency rates a lot more mr Khan. Can you convert other foreign currencies aswell? Hugely appreciate the grade you've changed in my maths exams, I got A* in my maths GCSE. Keep it up! 👍👍
Yash Chandwani (3 years ago)
Hey Mr. khan you are doing a great job by posting these videos. A big thank you for that. And I have a question that why there should be equal supply and demand? And why can't we just buy it for a standard rate of exchange which never changes? these are 2 independent questions.
Yash Chandwani (3 years ago)
+Toby Lam thanks
Toby Lam (3 years ago)
the same reason why diamond is expensive, and apple are cheap
Toby Lam (3 years ago)
if the supply is scarce, the demand is high (or vice versa)than the price or exchange rate will differ
Syvc Thr (3 years ago)
People still convert if it's really needed to. Is it ok to say that the demand of exchanging by both side affects the rate?
THE SIXEYE (3 years ago)
But why would there be a big demand for yuan?
John Theofylaktos (3 years ago)
+FORTHEEMPIRE Exports, tourism Etc
Sean B (3 years ago)
Yuan is pronounced 'you'-'en' or 'ywen'. Won is Korean currency.
road runner bill (1 month ago)
Who cares
Adam Tan Yuan How (3 years ago)
+John Bracken THANK YOU
onee (3 years ago)
Hey Khan, the person who translated this for you from English to Dutch kept using (Japanese) Yen, instead of (Chinese) Yuan. Could you please correct this. In Dutch Yuan is also Yuan, not Yen.
underground (3 years ago)
Not certain about the points made but ,if anyone else needs to find out about forex trading plan try Loctavan Amazing Exchange Strategy (Have a quick look on google cant remember the place now ) ? Ive heard some super things about it and my co-worker got cool success with it.
Gamer Life (3 years ago)
vivien leigh (3 years ago)
my headphones suck
Abhishek Ravindra (3 years ago)
I am just 14 and i understood this hard topic and now I am feel that I am a 'Superman'.
Grim Reaper (1 year ago)
Abhishek Ravindra im 12 dude!
NZ Shares (3 years ago)
How boring is this omg zzzzzzzz
carlo bueza (4 years ago)
You got a nice point on what is foreign exchange. I also found a great tool in foreign exchange. It is called grathaw trade predictions expert. Go google it for more info!
dan qq (4 years ago)
lets say. lets say. lets say. lets say. lets say. lets say
Robert K. Klopp (3 months ago)
my income $1130 today, My offer link https://t.co/6walqWJIRT
Martina Josheska (1 year ago)
hi guys, the best results that i've had was by using the Magic Monitor Blueprint (i found it on google) definately the most incredible info that I have ever followed.
Rocky wart (2 years ago)
hey ,if anyone else needs to find out about forex trading online try Loctavan Amazing Exchange Strategy ( search on google ) ? Ive heard some unbelievable things about it and my friend got excellent results with it.
TJ (4 years ago)
I felt like you were fuckin with us at the beginning lmao, like after setting up the stage gonna say "all these people will go to the currency exchange... the end"
Kevin Delrosario (4 years ago)
get to the point.
Brandon Wong (4 years ago)
Yoo-en not wan... seriously...
John Franey (4 years ago)
@Brandon Wong hu fokin cares
John Franey (4 years ago)
@Brandon Wong hu fokin cares
unspecified I. (5 years ago)
Yuan (yoo- en)  translates roughly into "buck" renminbi translates into "the people's money"   Renminbi is then refers specifically to money from the PRC while a yuan can be from any country.
Michael Li (5 years ago)
Nice video, but I think you should first give a quote, like conclusion and then explain us the meaning of that conclusion, so we can understand better and faster. P.s. Just a personal opinion, still a good vid
pari maharjan (5 years ago)
It's a shame for you not to make good money -- when these regular people do it so easily. Go google Candid Cash Code to see how they do it.
TheAndySeoul (5 years ago)
yuan. not won.
이현구 (5 years ago)
U should have explained which point these two currency hit the balance
Vicki Bee (5 years ago)
And another thing: The exchange rate has already been set by someone, so I don't understand this video anymore based on that evidence.  My trader friend said it's already been set on a site called exchange, dot com. That's where I can check to see if he's right. I don't need to check, but did anyway and not surprisingly he was right. He does all this crap in his head and makes me feel more stupid than anything. 
Vicki Bee (5 years ago)
I have a little "problem" and I need an answer to it. WHY on earth does 10000 North Korean Won yield higher results when exchanging it for US dollars than the SOUTH Korean Won? One country is supposed to be our friends but their money is worth less per dollar than the enemy country. Why oh why IS that?  My friend told me 10000 South Korean Won is about $10. 10000 NORTH Korean Won is about $75. Should my brother go to North Korea to give me money? Why is our ally's exchange rate so damn terrible? That disgusts me.
Houssam Zak (5 years ago)
Good question ! The answer is that it depends on the purchasing power of a currency... the number of units of currency that result from an exchange does not matter. You surely wont be able to buy as many goods and services with 10000 North k Won than you would be able to buy with 10 000 South K Won. You have to look at the purchasing value... south korean won is closer to US dollars because both are close in purchasing power
joe martin (5 years ago)
The spam bullshit on Youtube won’t help anyone to make money. I got tricked. To look at honest paychecks look at the Zutore Cash System site (Google it) and just forget about every one of the tricks around!
Manpreet Aulakh (5 years ago)
Iraqi dinar was worth more than the US dollar before the war.
Vicki Bee (5 years ago)
The stupid lady at the bank told me my Iraqi money was "useless for being made into money." And this was in 2003, when my brother gave it to me to make into money. I was so upset I couldn't believe it, but I kept all the money. In case she was full of noodles, I'll have it if it ever DOES become "useful." Not that I can see how anything with Hussein's face on it could be useful, but I don't want to burn my bridges, so to speak.
Vicki Bee (5 years ago)
I finally figured out what my friend was when he worked at the World Trade Center. That's b/c he's visiting me right now and told me: He was a trader. I should have just asked him what that means but I was afraid he'd find me REALLY stupid. So I didn't ask. He knows what this video is about and thinks it's self-explanatory. Maybe for HIM it is. Not for me.
edward r.arnolds (5 years ago)
Hi! Thank you for this useful video. By the way, I hear many people keep on talking about Mobofelax Forex System (do a google search), but I'm not sure if it is really good. Have you ever tried Mobofelax Forex System? I've heard several amazing things about it and my cousin earn crazy amounts of money with it, but he refuses to tell me: (
DMSuja (5 years ago)
Dear Khan Acadamy, You rock! I've been wanting to understand this for such a long time, and you made this SO MUCH easier to understand. Best wishes to you :)
thats perfect. most of the people are losing their money in penny stocks without much guidance. listen to me, One of my friend making tons of money from penny stocks with professional easy guidance. have a try and make the most of them :) ==> bit.ly/1e9mXu5?=pwhpgm
phimmaks (5 years ago)
It's actually called yu-an
Honcila Alex (5 years ago)
check out this page if someone wants to improve their income best day for me so far was $2900 check out more RNMONEAEYATHOME.HOSTEI.COM
FreeTrendIndicators (6 years ago)
Interesting ★ thanks for sharing. I personally enjoy trading with a free trend indicator which helps me identify profitable buy/sell signals. If you want, you can give it a try, it's on my page
Dunkelberger David C. (6 years ago)
You can discover how to get unlimited amounts of traffic and find out exactly how to make REAL money with that traffic. This is the best site to make Money with explain step by step to succeed TOMAKEMONYHOME.SITE11.COM advice, guidance,tips..needed to succeed.Everything you’ll need to know is right here TOMAKEMONYHOME.SITE11.COM
jhonson david l. (6 years ago)
The big secret to making money online is that most of what you need to do has already been done for you you can see what it is all about... RNMONEAEYATHOME.HOSTEI.COM the best day so far for me 2785$
lipscomb juan (6 years ago)
if you’re sick and tired of being on the other side of that wall feeling shut out from where the REAL money is being made ..This system is EASY to implement TOMAKEMONYHOME.SITE11.COM
Ibnziyad Tariq (6 years ago)
khanacademy. you are Genghis khan of economics!!!
Leona Sun (6 years ago)
It's yuan not won ....
davis daniel l (6 years ago)
hey people i have found a free site that u dont have to join that gives u free info on how to make money eazy no servays no scam no bull shit check it out its working for me HOWTOTRADEFOREX.JUPLO.COM
Dale Murphy (6 years ago)
I can literally type in anything I have trouble with + khanacademy into the search bar, and I get a video for it. The man's a legend.
richard jeams (6 years ago)
My account is going mental with $300 to $400 per day. Make sure you get into a sizzling niche ready to buy. Checkout the Cash Lab for some sweet info, can't believe its free. It wont always be free so sign up now >> SUREMONY.NET78.NET
standupent100 (6 years ago)
thts nt fair though she might be able to click her mouth faster because she has experience in oral sex, this is bias
Brandon evertz (6 years ago)
Aus $?
spj (6 years ago)
2000 Yuan: Space Odyssey
diodoro73 (6 years ago)
for one, if the Japanese want to do business w/ Mexico then Japan will have to buy much of its currency so the demand for the the Mexican peso would rise
Peter Gabriel (6 years ago)
I think the opposite Rib. Since we live in a few countries (use 3 dif. currencies). It applies more and more to expats. Your view is egocentric. I believe the currency trade info is one sided in that it is for investors who use currencies online and not in real life/buying property/goods/stocks.
Adriana Razo (6 years ago)
Thank You for making it so easy to understand.

Would you like to comment?

Join YouTube for a free account, or sign in if you are already a member.