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Mathematics / Year 2 / Number and Algebra / Money and financial mathematics

View on Australian Curriculum website Australian Curriculum, Assessment and Reporting Authority
Curriculum content descriptions

Count and order small collections of Australian coins and notes according to their value (ACMNA034)

Elaborations
  • identifying equivalent values in collections of coins or notes, such as two five-cent coins having the same value as one 10-cent coin
  • counting collections of coins or notes to make up a particular value, such as that shown on a price tag
General capabilities
  • Numeracy Numeracy
ScOT terms

Money

Video

Funny money

What do you use money to buy? In this clip we look at Australian money. See the different coins and notes that make up our money system. We investigate if size, (in coins) does matter. Check out how many 5 cent pieces you need to make two dollars. We also look at some currencies used around the world. Find out which country ...

Online

Investigating Australian coins

This teaching and learning unit of work contains five lessons that explore Australian coin currencies. Students learn to recognise, describe and order coins according to their values and experiment with counting small coin collections.

Interactive

MoneySmart: Money match

This learning object helps students to recognise Australian currency through matching notes and coins. Students match different combinations of notes and coins to arrive at the same value in multiple ways. The learning object has four different levels working through matching: same coins, coins of different values, coins ...

Interactive

MoneySmart: Pay the price

This learning object helps students to recognise Australian currency through a supermarket shopping scenario which requires simple transactions. Students match item value with the correct coin and note combinations. The learning object has three different levels working through matching item value to: two single coins, ...

Online

Show me your money - years 1 and 2

This is a teacher resource consisting of a set of student activities designed to encourage learning about the appearance and value of money, accompanied by copy masters and a detailed teacher guide for each activity. The activities make use of Australian coins and notes, and also Japanese and Singaporean coins, and include ...

Interactive

Pay the price

This activity gives students practice in identifying the value of coins and notes. It also reinforces the concept of exchanging money for goods. The different levels all use a shopping context and the same basic functionality. Each level takes approximately 15 minutes.

Online

MoneySmart: Kieren's coin

This is a year 2 mathematics unit of work about money. The unit is intended to take about 10 hours of teaching and learning time. It consists of 11 student activities supported by teacher notes on curriculum, pedagogy and assessment. Student activities include responding to a story about a rare foreign coin, interacting ...

Interactive

Money match

Match Australian money cards. Choose from four levels matching coins (6 cards), matching coins (12 cards), Matching coins and notes or matching values.

Online

Mixed-Up Maths

Join our host, Ed, as he finds himself in all types of situations where only his knowledge of Maths can help him. From saving the planet from Aliens, to creating a superhero that can stop a strawberry milkshake tidal wave. From searching for buried treasure, to jumping like a daredevil, or planning the greatest circus party ...

Online

MoneySmart: Maths for primary teachers - online professional development module

ASIC's MoneySmart Maths for primary teachers is an online professional development module which explores authentic learning for students through money and financial mathematics and aligns to the Australian Professional Standards for Teachers. The module will assist teachers to make learning more meaningful for their students, ...

Image

Australian one pound banknote, c1930

This is an Australian pound note, issued by the Treasury and Commonwealth Bank of Australia between 1927 and 1933. The front of the note is elaborately printed in green with a background print in orange and grey featuring '1 / POUND' at the centre. A profile of George V's head is at the right, and an Australian coat of ...

Video

What is the GST?

The Goods and Services Tax (GST) is a tax placed on things people buy with money or things people do for money. Can you name some goods and services that have GST? What about some goods and services that don't have GST? Find out when and why the GST was first introduced.

Video

How does income tax work?

Gen Fricker makes income tax interesting! Learn about income tax - what it is, how it works and when you have to pay it. Easy-peasy! Then test yourself with ASIC Moneysmart's "Things to think about" classroom exercises.  

Video

Why borrowing can cost you more

Think credit cards are basically free money? Gen Fricker will make you think again. Learn how interest rates and fees affect the money you borrow, and why they may be more expensive in the long run. Oh dear! Then test yourself with ASIC MoneySmart's "Things to think about" classroom exercises.  

Video

Why investing can be risky

Planning to get rich quick by investing one day? Before you jump in, let Gen Fricker explain some of the risks involved with different types of investments. Then test yourself with ASIC MoneySmart's "Things to think about" classroom exercises.  

Video

What is opportunity cost?

What is the true cost of buying something? Gen Fricker explains that it's more than just money. Learn about opportunity cost - what it is, why it's a helpful tool and when to use it. Simple! Then test yourself with ASIC MoneySmart's "Things to think about" classroom exercises.  

Video

Calculating ratios using the value of the Australian dollar

The value of the Australian dollar rises and falls on a regular basis. Listen to Kirsty Bennett explain how this is good if we want to purchase goods that are produced overseas but makes Australia a more expensive place for tourists to visit. This clip provides a context to calculate ratios.

Video

Calculating ratios: Australian and US dollar

Have you looked at buying an item in Australia compared to buying it online? Often the online price needs to be converted to Australian dollars (AUD). Listen to Sarah Larsen describe the value of the 'Aussie' dollar compared to the US dollar (USD) and why the value keeps on changing. This clip provides a context to calculate ...

Interactive

Australian coin history

This interactive slideshow from the Royal Australian Mint provides a series of high resolution images and brief descriptions of currencies from Indigenous barter systems to modern Australian currency. A downloadable fact sheet on Australian coin history is accessible from selected pages within the slideshow.

Interactive

Decimal currency

This interactive slideshow from the Royal Australian Mint provides a series of high resolution images and brief descriptions of the transition from pre-decimal to decimal currency in Australia.