F. Financial Literacy · Canadian MoneyCanadian Money: Unit ReviewF1.1About 40 minutesLearning goalsI can name Canadian coins and bills and tell their values.I can tell which coin or bill is worth more and put money in order.I can find coins or bills that have the same value.Time to review!In this unit you learned the names, pictures and values of Canadian coins and bills, and how to compare them. Remember: the value is what matters, not the size of the coin or how many coins there are.Try each set of questions. If one set is tricky, go back to that lesson and look at the tables and examples.CentsDollars25¢¢ goes AFTER the number$2$ goes BEFORE the numberWriting money: the cents sign comes after the number (25¢ is a quarter), and the dollar sign comes before the number ($2 is a toonie).Canadian Coins and Bills1Which coin has a beaver on it? What is it worth?Show answerThe nickel. It is worth 5¢.2Which bill is blue?Show answerThe $5 bill.3Which coin is worth 25¢, and what animal is on it?Show answerThe quarter. It has a caribou on it.4Write two dollars using a money sign.Show answer$2. The $ sign goes before the number.nickel5¢dime10¢bigger coinworth LESSsmaller coinworth MORE<5¢ is less than 10¢The nickel is the bigger coin, but the dime is worth more: 5¢ is less than 10¢. Always compare the value, not the size. (Coins drawn to match their real sizes compared to each other.)Which Is Worth More? Comparing Coins and Bills1Which is worth more: a toonie or a $5 bill?Show answerThe $5 bill. $5 is more than $2.2Put in order from least to greatest: $20, quarter, $5, loonie.Show answerquarter (25¢), loonie ($1), $5, $20.3Which is worth more: 4 nickels, or 1 dime and 1 nickel?Show answer4 nickels: 5, 10, 15, 20 = 20¢. 1 dime and 1 nickel: 10, 15 = 15¢. 4 nickels are worth more.4How many loonies have the same value as 1 toonie?Show answer2 loonies. $1 + $1 = $2.Just for funWhy was the toonie so proud?Because it is worth two loonies!How to use this reviewHave real coins nearby (or paper coins with the values written on them) so your child can touch and count.Let your child try a whole set before checking answers together.Ask "How do you know?" Listen for the value of each coin, not its size.Supervise young children with small coins, which can be a choking hazard.Check your understandingQuiz1. What is the value of a dime?5¢10¢25¢2. Which coin has a polar bear on it?LoonieToonieQuarter3. What colour is the $10 bill?BluePurpleGreen4. What is true about the penny?It is worth $1Canada stopped making itIt has a loon on it5. Which is worth more: a quarter or a loonie?QuarterLoonie6. Which list is in order from least to greatest?loonie, quarter, dime, nickeldime, nickel, quarter, loonienickel, dime, quarter, loonie7. How many $10 bills have the same value as one $20 bill?12108. Which is worth more: 2 toonies or one $5 bill?2 tooniesOne $5 billThey are the same9. Which coin is gold with 11 flat sides?LoonieNickelDime10. Which has the same value as 1 dime?3 nickels2 nickels1 quarterMark lesson completeFor parents and teachersWhat this review covers: recognizing Canadian coins and bills and their values, and comparing and ordering them, including simple equal values (F1.1).Which lesson to revisit:Mistakes naming coins, matching pictures (beaver, ship, caribou, loon, polar bear), bill colours, money signs, or the penny: go back to Canadian Coins and Bills. These are quiz questions 1 to 4 and 9.Mistakes choosing which is worth more, ordering, or finding equal values: go back to Which Is Worth More?. These are quiz questions 5 to 8 and 10.If your child picks the bigger coin or the larger number of coins as worth more, that is the most common mix-up. Practise with real coins: say each value out loud, then compare.If they say a quarter is worth more than a loonie because 25 is bigger than 1, review that dollars are worth much more than cents (1 dollar = 100 cents).How to help: Play store at home with price tags of one coin or bill, and play Which is worth more? with two coins at a time.PreviousWhich Is Worth More? Comparing Coins and Bills