A Foreign Currency Jackpot to Teach Exchange Rates

Squid Game starts with 456 players. Every time a player dies in, or outside an official game, SK ₩100 million is added to the prize fund. At the end of the first game, 255 players have been eliminated, so the jackpot currently stands at SK ₩25.5 billion. Use this clip to show students how to convert money from one currency into another and what happens when a currency appreciates or depreciates in value.

You can use the embedded tool below to determine the current exchange rate or check out FRED for a historical spot exchange rate.

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