How many pennies equal a nickel? How many nickels equal a dime? What makes a quarter? How many dimes/quarters/nickels equal $1.00?
Here is a visual coin counting/exchange chart that I use daily in my preschool/childcare (ages 2 - 12 years). We reward the children with pennies throughout the day, which they put in their penny box. Once or twice a day we bring out our coin counting/exchange chart, and the kids lay their pennies directly onto this chart. When they get 5 pennies, they count them back into my hand, and they get a nickel in exchange, which they then place on the chart in a nickel spot. When they get two nickels, they can exchange them for a dime, or they can put their nickel in a different spot and work towards getting enough to exchange for a quarter. If they obtain a dime, they can put it in either of two dime spots - saving to exchange for a quarter or saving for a dollar.
Once a week we have a “store” session and the kids get to spend their earned money on a prize. The real prize, though, is that with the constant manipulation of the coins on this coin counting chart throughout the week, even my youngest kids learn to know intuitively that 5 pennies is a nickel, 2 nickels is a dime, 10 dimes is a dollar, etc. As a fringe benefit they also learn how to count by 1’s, 5’s and 10’s! Again, I use this for very young children, ages 2 and up, but I also use it with older kids who come into my care not knowing how to count coins. Truly, this has been a great visual teaching aid. I laminate them into placemats for everyday use.