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In conclusion, speed and velocity are kinematic quantities that have distinctly different definitions. Speed, being a scalar quantity, is the rate at which an object covers distance. The average speed is the distance (a scalar quantity) per time ratio. Speed is ignorant of direction. On the other hand, velocity is a vector quantity; it is direction-aware. Velocity is the rate at which the position changes. The average velocity is the displacement or position change (a vector quantity) per time ratio.
Speed is defined as a measure of the distance an object travels in a given length of time. The average speed of an object can be determined from the equation below: Thus, if a car travels 100 meters in 5 seconds its average speed can be calculated as; Average speed = 100/5 = 20 meters per second. Average speed is used to give the speed of an object over a given interval of time, if however the speed of an object is required for a particular moment then the instantaneous speed is used. Instantaneous speed is the speed of an object at a given moment.