Money Worksheets

Contents

Welcome to the money worksheets page at Math-Drills.com where you will not be short-changed! This page includes Money worksheets for counting coins and for operations with Dollars, Euros, and Pounds.

Students encounter money early on, and they must be able to manage it themselves in their everyday lives and into adulthood. There are many activities that you can do related to counting, adding, and subtracting money, so save some coins or purchase some play money to complete some of the activities on the money math worksheets below.

The policies of the United States Mint and the European Central Bank allow us to use their coin images on our worksheets. The Canadian coin images are used with permission from the Royal Canadian Mint. Permission to use Australian currency coin designs was obtained from the Royal Australian Mint.

Counting Coins Worksheets

This is a great place to start with younger students as they are likely to encounter coins before they encounter too many bills. Including children in money transactions helps them to develop important money management skills and has benefits in other math topics such as fractions.

Until everyone starts paying with their smart phones and microchips in their fingers, coins are still a thing. The U.S. Mint still makes billions of coins every year and children will probably encounter them very early on in their life. Knowing how much money you have in coins can be accomplished with a coin counting machine, or it can be accomplished with some mental math.

Counting U.S. Coins
Counting Sorted U.S. Coins
Counting Canadian Coins
Counting Sorted Canadian Coins

No one likes their coins better than the U.K. With pockets full of eight different coin values, reinforced stitching on trouser pockets and handbags is common place. Learning to count all of these coins is a feat in itself, but the worksheets in this category should help.

Counting British Coins
Counting Australian Coins
Counting Sorted Australian Coins
Counting Euro Coins
Counting Sorted Euro Coins
Counting New Zealand Coins

Rounding Money Amounts

The next dollar up is a skill for young students who are not yet able to make change, but can determine how many dollars it will take to cover an amount. For example, if something is $5.45 in a store, then they would need to give $6 to cover that amount since the next dollar up from $5.45 is $6. Students should understand that any amount above zero after the decimal means they need to add another dollar to the number before the decimal in order to have enough to pay for the item. The rest of the worksheets in this section are general rounding questions involving dollar amounts.

Next Dollar Up (U.S. Version)
Next Dollar Up (Canadian Version)
Next Dollar Up (Australian Version)
Next Pound Up (U.K. Version)
Rounding Dollar Amounts
Rounding British Pound Amounts
Rounding Euro Amounts

Adding and Subtracting Money

Adding money amounts is a nice way to gently move students into thinking about decimals and what a great opportunity to use some manipulatives. Students generally perform better with math that has meaning. Decimal numbers to hundredths have most likely been in students' lives since very early on as stores display prices, parents comment about the prices to help develop critical thinking in their children, so if there is one decimal that students understand well, it is money. They sometimes have trouble relating it to paper and pencil which is why manipulatives come in handy. Play money is a little cheaper than real money and doesn't disappear quite as quickly.

Adding Money Amounts with Increments Specifically for U.S. and Canadian Dollars
Adding Money Amounts with Increments Specifically for British Pounds
Adding Money Amounts with Increments Specifically for Australian and New Zealand Dollars
Adding Money Amounts with Increments Specifically for Euros

The strategy of choice for subtracting money is the counting up strategy. It works especially well for giving change from whole dollar/Pound/Euro amounts. Following is an example of how it works. Let's say the bill at the grocery store came out to $13.46 and the cashier was presented with a $20.00 bill and for some odd reason, the monitor on his cash machine had a crack in it that obscured the amount of change to give. What would he do?! The first thing to do is to take four cents out of the drawer because he needs to add the $13.46 to an unknown amount to make $20, and four cents will bring the $13.46 up to $13.50 which makes things rounder and, for most, a little easier. Next, he needs to pull out two quarters to bring the amount up to $14 even. He can then remove a dollar bill to make the amount $15, and finally pull out a $5 bill to count up to $20. Now, if he wanted to know how much change he gave, he just needs to think back to what he pulled out of the drawer: $5 + $1 + $0.50 + $0.04 = $6.54.

Subtracting Money Amounts with Increments Specifically for U.S. and Canadian Dollars
Subtracting Money Amounts with Increments Specifically for British Pounds
Subtracting Money Amounts with Increments Specifically for Australian and New Zealand Dollars
Subtracting Money Amounts with Increments Specifically for Euros

Putting it all together, the next worksheets mix addition and subtraction on the same page. Students need to pay attention to the operation sign!

Adding and Subtracting Money Amounts with Increments Specifically for U.S. and Canadian Dollars
Adding and Subtracting Money Amounts with Increments Specifically for British Pounds
Adding and Subtracting Money Amounts with Increments Specifically for Australian and New Zealand Dollars
Adding and Subtracting Money Amounts with Increments Specifically for Euros

Making Change from Bills and Notes

The worksheets in this section ask students to calculate how much change is needed for a given cost and a given banknote/bill. There are additional possibilities if a teacher wanted to extend the learning beyond the worksheet's "face value." For example, instead of simply writing the amount of change in a number, students could draw (or use manipulatives/cut-outs) the banknotes/bills and coins that would likely be given in change. Teachers could also ask students to figure out what is being bought in each case. For example, if the cost is $4.95, the student might be buying a children's novel at a book fair. Students might be interested in making up their own questions or acting out the change-giving process where one student is the customer and the other is the clerk.

The costs are rounded depending on what currency is being used. For countries that still use a penny, for example, the costs are not rounded at all. For countries without a 1/100 coin, the costs are rounded to the amount of their smallest coin (e.g. 0.10 in New Zealand).

Making Change from U.S. Bills
Making Change from Mixed U.S. Bills
Making Change from Canadian Bills
Making Change from Mixed Canadian Bills
Making Change from Bank of England Banknotes
Making Change from Mixed Bank of England Banknotes
Making Change from Australian Banknotes
Making Change from Mixed Australian Banknotes
Making Change from Euro Notes
Making Change from Mixed Euro Notes
Making Change from New Zealand Banknotes
Making Change from Mixed New Zealand Banknotes

Multiplying and Dividing Money

It would be nice if our own money could multiply quite as nicely in our bank accounts as it does on these worksheets. Alas, we will have to settle with low interest rates multiplying our money over the span of decades. These multiplying money worksheets would go well with some money manipulatives. Simply make several piles of the same amount (the same number of piles as the multiplier), combine it all into one pile, regroup as much as possible (e.g. five ones into a five), and count up the results.

Multiplying Dollar Amounts by 1-Digit Multipliers (U.S. and Canada Version)
Multiplying Dollar Amounts by 2-Digit Multipliers (U.S. and Canada Version)
Multiplying Pound Sterling Amounts by 1-Digit Multipliers
Multiplying Pound Sterling Amounts by 2-Digit Multipliers
Multiplying Dollar Amounts by 1-Digit Multipliers (Australia and New Zealand Version)
Multiplying Dollar Amounts by 2-Digit Multipliers (Australia and New Zealand Version)
Multiplying Euro Amounts by 1-Digit Multipliers
Multiplying Euro Amounts by 2-Digit Multipliers

Dividing money amounts by whole numbers worksheets.

Dividing Dollar Amounts by 1-Digit Multipliers (U.S. and Canada Version)
Dividing Dollar Amounts by 2-Digit Multipliers (U.S. and Canada Version)
Dividing Pound Sterling Amounts by 1-Digit Multipliers
Dividing Pound Sterling Amounts by 2-Digit Multipliers
Dividing Dollar Amounts by 1-Digit Multipliers (Australia and New Zealand Version)
Dividing Dollar Amounts by 2-Digit Multipliers (Australia and New Zealand Version)
Dividing Euro Amounts by 1-Digit Multipliers
Dividing Euro Amounts by 2-Digit Multipliers
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