Money Maps

Glossary button

Let's use the Money Maps to explore the history of money in Australia and around the World. Select a date on the timeline to see what happened in that year.

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      Using this activity

      This digital activity has been developed by the Australian Securities and Investments Commission's MoneySmart Teaching program.

      All activities have been vetted by a quality assurance process, and relate to the National Consumer and Financial Literacy Framework and the Australian Curriculum.

      To understand more about how to use this resource, the following guides and supports are available.

      For more resources vist the MoneySmart Teaching web site.

      Technical requirements

      Minimum

      Recommended

      This activity has been designed to work on a variety of devices including iPad tablets.

      This activity may include documents in PDF and DOC formats.

       

      Contact

      For all enquiries please email moneysmartteaching@asic.gov.au.

       
      accommodation A place like a hotel or camping ground where you and your family can stay overnight.
      admission The price that each person or group must pay to enter an event such as the circus or zoo.
      bargain Something that you buy at a good price. It is often worth more than what you paid for it.
      barter To swap or trade services or items for other services or items without using money.
      BCE BCE (Before the Common Era) means the beginning of the calendar as we know it.
      budget A plan that shows how a set amount of money will be spent for a particular purpose.
      charity A group or organisation that helps people, the environment or animals in need for no profit .
      cheque A document which can be used to pay for something instead of cash. A cheque sends a payment of money from one bank account to another, or can be swapped at the bank for cash.
      college In the USA a college is like an Australian university.
      colony A place that is under control of a distant country. Australia was once a colony of Britain.
      credit card A card from a bank or store that lets a person buy things now and pay for them later. A fee is usually charged when you use a credit card and interest charges can be very high.
      currency The money that is used in a country. The value of a currency usually changes over time.
      decimal currency The metric system of money that is based on 10, where $1 = 100 cents and £1 = 100 pence.
      earn To receive money for work that you have done.
      Europe A continent that is made up of many countries including England, France, Italy, Austria and Germany.
      exchange rate The value of one currency compared to the value of another currency. Exchange rates change over time. For example, 1 Australian dollar could be exchanged for about 91 Japanese Yen or 3 Malaysian Ringgit, but over time it might be worth more or less to exchange.
      extinction Animals that are extinct have died out. They no longer exist.
      forgery To make fake documents or imitate money to cheat people and get things for free.
      fundraising To organise events and activities which raise donated funds for a charity.
      gallon In some countries gallons are used to measure liquids such as milk instead of litres. One US gallon is the same as 3.785 litres. One British gallon is the same as 4.546 litres.
      gluten-free Gluten is found in wheat and many other foods, including sausages. Some people are allergic to gluten and it makes them sick.
      graduation When you graduate you have successfully completed your studies at high school, college or university.
      habitat The natural environment or home of an animal or plant.
      hire To pay money so that you can use something like a DVD or a clown suit for a certain period of time.
      imperial currency The system of money originally developed in England using measures such as shillings, farthings and crowns. Imperial currency has been replaced by decimal currency in most countries including Australia and England.
      indigenous The first people or original inhabitants of a country.
      interest Money you can get paid if you save your money, or you pay back if you borrow money.
      mascot An animal, person, or thing that is considered to bring good luck.
      minimum The smallest possible amount or number.
      ochre A type of hard clay that comes naturally in lots of different colours. Ochre can be used to make paint. It was often traded between Aboriginal people in different areas of Australia.
      per head or per person For each individual.
      permit A licence which allows someone to go to or be in a place. A Council permit is usually needed before you can sell things such as food in a public place.
      profit extra money you get if you sell something for more than you paid for it.
      promotion An effort to advertise something so that you sell more of it.
      RBA The Reserve Bank of Australia (RBA) is Australia's central bank. It manages the supply of currency in Australia.
      receipt A printed note which proves that you have paid for something.
      recycle To put used things through a process that allows them to be used again.
      save To keep money so that you can spend it at a later date instead of spending it immediately .
      souvenir Something kept as a reminder of a special place, event, or friendship.
      sponsor Someone who gives money to support an event.
      tax Money that you pay to the government. The government uses this money to provide public services such as schools, buses and hospitals.
      The Great Depression In the 1930s there was a lot of poverty and unemployment in the United States, Australia and other countries. This time is known as The Great Depression.
      threatened species A plant or animal species that is at risk of becoming endangered or extinct.
      trade To buy and sell things.
      value How much something is worth.