Currencies and Exchange Rates

The Guatemalan quetzal (GTQ) is the official currency of Guatemala, named after the resplendent quetzal bird, which is the national bird of Guatemala and holds cultural significance in Mayan culture. The currency replaced the Guatemalan peso in 1925 and features images of important Guatemalan historical figures and Mayan artifacts.

The British Virgin Islands use the United States Dollar (USD) as their official currency, despite being a British Overseas Territory. This economic arrangement facilitates trade with their nearest large neighbor and major trading partner, the United States.

Guadeloupe, as an overseas department of France, uses the Euro (EUR) as its official currency. This French Caribbean island follows French monetary policy despite its geographic location in the Caribbean region.

Puerto Rico is a U.S. territory and uses the United States Dollar (USD) as its official currency. It does not issue its own currency like independent nations.

Guatemala's official currency is the Quetzal, named after the resplendent quetzal bird, which is also the national bird of Guatemala. The currency has been used since 1925.

Ethiopia's official currency is the Ethiopian Birr, which has been used since 1945. One Birr is subdivided into 100 cents. Egyptian Pounds are used in Egypt, Roubles in Russia, and Taka in Bangladesh.

Gambia's official currency is the Dalasi, introduced in 1971 to replace the Gambian pound at par. One Dalasi is subdivided into 100 bututs. Other options belong to different countries: Dollar (various nations), Shilling (East Africa), Yen (Japan).

Ghana's currency is the Ghanaian Cedi (with the pesewa as subunit). The Rand is South African currency, Baht is Thai, and Ringgit is Malaysian. Ghana introduced the Cedi in 1965 and reintroduced it in 2007 after revaluation.

The official currency of Mexico is the Mexican Peso (MXN). Baht is Thailand's currency, Lira was historically used in Italy and Turkey, and Dobra is Sao Tome and Principe's currency.

The currency of the United Kingdom is the Pound Sterling, commonly referred to simply as 'the pound' (symbol: £, code: GBP). While the official name is 'Pound Sterling' (which would make option A technically correct), the currency is universally known and used as the 'pound' in everyday transactions. The UK uses the pound, not the Euro or Franc.

The American Gold Eagle is the world's most popular gold bullion coin, produced by the U.S. Mint since 1986. It's recognized globally for its gold content and government backing. 'Mari Gold' is not a real coin, and the other options are fictional.

Switzerland uses the Swiss Franc (CHF) as its official currency, despite being surrounded by Eurozone countries. Switzerland maintains its monetary independence and has never adopted the Euro. The Swiss Franc is known for its stability and is one of the major currencies in the global financial system.

Seychelles uses the Seychellois rupee as its official currency. Bhutan uses the ngultrum (pegged to Indian rupee), Malaysia uses the ringgit, and Maldives uses the rufiyaa. The rupee is used by India, Pakistan, Sri Lanka, Nepal, Indonesia, and Seychelles.

The official currency of Uruguay is the Uruguayan Peso (UYU). Option A is correct. Options B, C, and D are incorrect - Uruguay uses neither dollar, rupee, nor pound. The peso is divided into 100 centesimos. Uruguay has had various currencies throughout its history, but the peso has been the official currency since 1975 with revaluations in 1993.