Interactive Monetary Exhibition (EMI in Spanish)

General Objective

It is an interactive space that promotes education and spreads out central banking topics. It aims to allow its visitors to learn through games about subjects related to money, inflation, the economic system, and monetary policy, as well as Banco de la República’s (the Central Bank of Colombia) history, functions, and decisions. Moreover, visitors are given a lecture on some main economic concepts, the Central Bank’s history and functions, and a brief explanation on how to identify the Colombian monetary species.

Learning Objectives

  • To learn and deepen on Banco de la República’s history and functions.
  • To understand relevant economic concepts, such as inflation, economic system, money, barter, and payment instruments.  
  • To have elements of judgment to recognize authentic Colombian banknotes and coins.
  • To understand Banco de la República’s goal to keep inflation low and stable, as well as its aim for sustained economic growth.

Overview

  • Grades: 9th, 10th, and 11th – technical institutions and universities
  • Age range: 15 to 23
  • Groups size  
    • Bogota: Groups between 25 and 45 people, including the professor.
    • Cali: Groups of a maximum of 35 people, including the professor.
    • Medellin: Groups between 20 and 40 people, including the professor.
    • Pasto: Groups between 15 and 55 people, including the professor.
    • Santa Marta: Groups of a maximum of 30 people, including the professor.

In each visit, students will have the opportunity to attend a lecture about Banco de la República and will be able to visit the interactive modules. Each module has been designed to cover one of the main topics of Banrep Educa’s learning strategy:

  • Payment Instruments
  • Banco de la República's Functions
  • History of Banco de la República
  • ​​​Be the Governor of Banco de la República.
  • The Barter  
  • ​​​Financial Decisions
  • ​​​Economic System (Bogota)  
  • Auction and Inflation (Bogota)
  • ​​​Balance of the monetary policy
  • ​​​Banknotes Authenticity Verification

Visitors will also be able to see the following infographics and exhibit panels 

  • ​​​Banknote Printing
  • ​​​Coin Minting Process
  • ​​​Colombian Banknotes Cycle
  • ​​​History of Inflation in Colombia
  • Bread and Inflation in Colombia
  • ​​​Timeline