Grade by Grade
F. Financial Literacy · Counting Money to $200

Counting Money to $200: Unit Review

F1.1 A1About 40 minutes
Learning goals
  • I can count coins up to 200¢ and bills and coins up to $200.
  • I can show the same amount of money in different ways.
  • I can make an amount with the fewest coins or bills.
  • I can solve money problems and explain my thinking.

Words to know

cent (¢)
A small unit of money. 100¢ = $1.
dollar ($)
A unit of money worth 100 cents. The $ sign goes before the number.
same value
Worth the same amount, even if the coins or bills look different.
fewest
The smallest number of coins or bills you can use.
enough
As much as you need, or more.

Let's review!

In this unit you learned to count coins up to 200¢ and bills and coins up to $200. You found many ways to make the same amount, traded money, used the fewest coins and bills, and solved money problems.

This review has a few questions from every lesson. Use real or play money if it helps. Try each question, then press Show answer to check.

5¢nickel5¢10¢dime10¢25¢quarter25¢$1loonie100¢ = $1$2toonie200¢ = $2¢ goes after the number: 25¢. $ goes before the number: $2.
The five coins from this unit, from least to greatest value. Remember: 100¢ is the same as $1.
1. Sortby coin or bill2. Start bigworth the most3. Count onskip count4. Totalwrite ¢ or $Example: $20, $25, $27, $29
The four counting steps work for coins and bills. Maya's birthday money ($20 bill, $5 bill, 2 toonies) counts on to $29.

Counting Coins up to 200¢

1

Count: 2 quarters, 2 dimes and 1 nickel.

2

Count: 1 loonie, 3 quarters and 1 dime.

3

How many cents is a toonie worth?

4

Count by 25s from 100: 100, 125, __, __

Same Amount, Different Coins

1

Show 40¢ in two ways.

2

Make 95¢ with the fewest coins.

3

How many dimes have the same value as a loonie?

Bills and Coins: Counting Dollars to $200

1

What colour is the $5 bill? The $100 bill?

2

Count: a $100 bill, a $20 bill, a $10 bill and a toonie.

3

Count: 3 $20 bills and 3 $5 bills.

Same Dollars, Different Bills

1

Show $50 in two ways.

2

Make $180 with the fewest bills.

3

Do 10 $10 bills have the same value as 2 $50 bills?

Solving Money Problems

1

A book costs $9. Tom has a $5 bill and a toonie. Does he have enough?

2

A snack costs 55¢. Show two ways to pay exactly.

3

Lily has a $20 bill. Max has 3 $5 bills and 2 toonies. Who has more?

Just for fun

Riddle: What has a head and a tail, but no legs?

A coin! 🪙

How to use this review

  • Do the review over two short sittings if your child gets tired. Each section matches one lesson.
  • Let your child use real or play money and act out each question. That is a great Grade 2 strategy.
  • After each answer, ask "How did you count it?" Explaining matters as much as the answer.
  • Many questions have more than one right answer. Check that the coins or bills add up to the amount.
  • Note which section had mistakes, then go back to that lesson's practice and activities.
Check your understanding

Quiz

1.

How much are 3 quarters and 1 nickel worth?

2.

How much are 1 loonie, 1 quarter and 2 dimes worth?

3.

Which has the same value as 1 quarter?

4.

Which shows 60¢ with the fewest coins?

5.

Which bill is green?

6.

How much are a $50 bill, 2 $20 bills and a loonie worth?

7.

Which is NOT worth $100?

8.

Which shows $65 with the fewest bills?

9.

Sam has 4 dimes. A pencil costs 50¢. Does he have enough?

10.

A hat costs $14. Which pays exactly?

For parents and teachers

What this review covers: counting and representing the same amount of money in different ways, up to 200¢ with coins and up to $200 with $1 and $2 coins and $5, $10, $20, $50 and $100 bills (F1.1), plus problem solving and perseverance (A1).

Which lesson to revisit:

  • Mistakes counting coins, especially counting by 25s or counting past 100¢ (quiz questions 1 and 2): go back to Counting Coins up to 200¢.
  • Mistakes finding equal coin values or the fewest coins (quiz questions 3 and 4): go back to Same Amount, Different Coins.
  • Mixing up bill colours, or mistakes counting bills and dollar coins (quiz questions 5 and 6): go back to Bills and Coins: Counting Dollars to $200.
  • Mistakes finding equal dollar values or the fewest bills (quiz questions 7 and 8): go back to Same Dollars, Different Bills.
  • Mistakes deciding if there is enough money or paying exactly (quiz questions 9 and 10): go back to Solving Money Problems.

Watch for these mix-ups: thinking more coins or bills always means more money; writing ¢ when they mean $ (or the reverse); and counting each coin or bill as "one". Ask, "What is each one worth?" and have your child count again starting with the money worth the most.

How to help: Keep the play money handy. Short games of "store" and "bank" a few times a week will make these skills stick.