Yes, in many cases it's very important to know the meaning of the Hebrew and Greek words as so often word meanings are lost in traslation. Wonderful as the atonement runs from Genesis to Revelation, in types and shadows, as does all of God's truths. The tabernacle with all it's furniture and coverings is a perfect picture of Jesus.
When Jesus opened their understanding to the scriptures after His resurrection, it was the Old Testament, as the New hadn't been written yet. In Hebrews it says the law was the schoolmaster to bring us to Christ.