Grade 1 CAPS Money topic -
Objectives: Recognise and identify the South African coins 5c, 10c, 20c, 50c, R1, R2, R5, and bank notes R10, R20, R50
• Solve money problems involving totals and change in cents up to 50c and rands to R20
2. MONEY
What is money?
Money is any form of legal tender.
In other words, it is an acceptable form of payment for goods and services.
What are some uses of money?
We use money to buy…
Write 10 things that we also use money for …
3. Important background theory
• 1 cent is the smallest denomination of money
• There are five one cent coins in 5 cents.
• There are ten one cent coins in 10 cents.
• There are twenty one cent coins in 20 cents.
• There are fifty one cent coins in 50 cents.
• There are one hundred one cent coins in R1.
• There are five hundred one cent coins in R5.
N.B. The one cent coins are currently not in circulation.
One cent is written in short as 1 c.
1 cent = 1 c
2 cents = 2 c
3 cents = 3 c
4 cents = 4 c
5 cents = 5 c