A nickel is a five-cent coin in the United States currency system. This distinct coin features the portrait of President Thomas Jefferson on the front and is equivalent to exactly five cents (5cents5cents5cents). The nickel serves as one of the fundamental units in American currency, allowing people to make transactions in smaller denominations than dollars.
When working with different currency denominations, it's important to understand how nickels convert to other coins. Since one dollar equals 100 cents, it takes 20 nickels to make one dollar (20×5cents=100cents=$120 \times 5cents = 100cents = \$120×5cents=100cents=$1). Similarly, 2 nickels equal one dime (2×5cents=10cents2 \times 5cents = 10cents2×5cents=10cents), and 5 nickels equal one quarter (5×5cents=25cents5 \times 5cents = 25cents5×5cents=25cents). These conversion relationships are essential for working with mixed coin problems.
Examples of Nickel Currency Calculations Example 1: Calculating Purchase Capacity with Nickels Problem:Albert has 4 nickels in his pocket. How many candies can he get if each one costs 10 cents?
Step-by-step solution:First, determine the total value Albert has by calculating the worth of his nickels:
Each nickel is worth 5cents5cents5cents With 4 nickels, Albert has 4×5cents=20cents4 \times 5cents = 20cents4×5cents=20cents in totalNext, determine how many candies he can buy by dividing his total money by the cost of each candy:
Total money: 20cents20cents20cents Cost per candy: 10cents10cents10cents Number of candies = 20cents10cents=2\frac{20cents}{10cents} = 210cents20cents=2 candiesTherefore, Albert can purchase 2 candies with his 4 nickels.
Example 2: Converting Nickels to Dollars Problem:Jane has a piggy bank in which she has collected 160 nickels. How many dollars can she exchange the nickels for?
Step-by-step solution:First, recall the conversion rate between nickels and dollars:
202020 nickels = $1\$1$1Next, divide the total number of nickels by 20 to find the equivalent in dollars:
Total nickels: 160160160 Conversion: 160 nickels20 nickels per dollar=8 dollars\frac{160 \text{ nickels}}{20 \text{ nickels per dollar}} = 8 \text{ dollars}20 nickels per dollar160 nickels=8 dollarsTherefore, Jane can exchange her 160 nickels for $8.
Example 3: Converting Dollars to Nickels Problem:Anne received 10 dollars on her birthday from her grandmother. How many nickels can she convert them into?
Step-by-step solution:First, recall the relationship between dollars and nickels:
$1=20\$1 = 20$1=20 nickelsNext, multiply the number of dollars by 20 to find the equivalent number of nickels:
Total dollars: $10\$10$10 Conversion: 10 dollars×20 nickels per dollar=200 nickels10 \text{ dollars} \times 20 \text{ nickels per dollar} = 200 \text{ nickels}10 dollars×20 nickels per dollar=200 nickelsTherefore, Anne can convert her $10 into 200 nickels.
Comments(10)PPetLoverGigiNovember 6, 2025This nickel def. is great! I've used it to teach my kids currency conversions. It made the concept so much easier for them to grasp.IInvestorMilesNovember 5, 2025This nickel definition was super helpful! I used it to teach my kid money conversions. It made the lesson easy and fun.BBadmintonEnthusiastWyattNovember 5, 2025This nickel definition page is great! I've used it to teach my kids currency conversions. It made learning money math so much easier!RRunnerFayeNovember 4, 2025This nickel def. has been so helpful! It's made teaching money conversions to my students a breeze. Thanks for the great resource!NNatureLover85September 17, 2025I’ve used the nickel definition and examples from this page to teach my kids about money conversions—it’s super clear and practical! They now get how nickels fit with dimes and quarters. Great resource!svg]:px-3 dk:w-auto h-10 dk:h-14 rounded-lg dk:rounded-[15px] px-5 dk:px-7.5 text-sm dk:text-xl text-[#3467FF] bg-white hover:bg-white">Load MoreExplore More TermsEquation of A LineSubtraction Property of EqualityUnlike NumeratorsPerimeter of Isosceles TriangleRhombusVenn DiagramView All Math TermsRecommended Interactive LessonsFind Equivalent Fractions Using Pizza Models3Math3.NF.A.3.a, 3.NF.A.3.bCompare Same Denominator Fractions Using Pizza Models3Math3.NF.A.3dDivide by 73Math3.OA.C.7Write four-digit numbers in word form3Math3.NBT.AIdentify and Describe Mulitplication Patterns3Math3.OA.D.9multi-digit subtraction within 1,000 with regrouping3Math2.NBT.B.7View All Interactive LessonsRecommended VideosCompare Two-Digit Numbers1Math1.NBT.B.3Order Three Objects by Length1Math1.MD.A.1The Commutative Property of Multiplication3Math3.OA.B.5Solve Equations Using Addition And Subtraction Property Of Equality6Math6.EE.B.7, 6.EE.B.5Analyze The Relationship of The Dependent and Independent Variables Using Graphs and Tables6Math6.EE.C.9Compare and order fractions, decimals, and percents6Math6.RP.A.2View All VideosRecommended WorksheetsIdentify and Count Dollars Bills2Math2.MD.C.8Read And Make Bar Graphs2Math2.MD.D.10Read And Make Scaled Picture Graphs3Math3.MD.B.3Convert Units of Mass4Math4.MD.A.1,4.MD.A.2Prime and Composite Numbers4Math4.OA.B.4Solve Equations Using Multiplication And Division Property Of Equality6Math6.EE.B.7, 6.EE.B.5View All WorksheetsRecommended Coloring PagesChihuahua sitting with a bone in its mouthPre-K – KAll SubjectsChristmas mitten with holly leaves and berries1 – 2All SubjectsRowboat tied to a dock with a lighthouse in the background1 – 2All SubjectsDandelion with a sun and clouds in the background1 – 2All SubjectsMonarch butterfly interacting with a caterpillar on a leaf, detailed background3 – 4All SubjectsPolar bear family fishing in a frozen lake3 – 4All SubjectsView All Coloring PagesRecommended BlogsSmart Standardized Test Prep: Evidence-Based Strategies for K–6 SuccessNovember 8, 2025Making General Chemistry Less Scary for K-6 StudentsOctober 14, 2025Help Your K-6 Student Learn Spanish FasterOctober 11, 2025How to Become Bilingual: A Guide for K-6 FamiliesOctober 9, 2025Understanding the ACT Reading Test: A Guide for K-6 EducatorsOctober 7, 2025Building AI Literacy Skills for Young LearnersOctober 7, 2025View All Blog PostsQUICK LINKSAbout UsPrivacy PolicyTerms of ServiceTOOLSHomework HelperGuide DesignerPodcast MakerPlan BuilderRESOURCESMath GlossaryEnglish GlossaryEnglish Language ArtsMathematicsScienceBook InsightsFun with WordsBlog© 2025 EDU.COM. All rights reserved.智能索引记录
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