General Awareness ยท Banking Financial Awareness
Currencies and Exchange Rates
1,480 Questions
Knowledge of global currencies and exchange rates is vital for general awareness sections in banking and civil service exams. Topics include identifying the official currencies of various countries and understanding digital currency types. Use this collection to quickly memorize international currency symbols.
Country currency identificationDigital currency typesCurrency exchange tipsGlobal currency symbols
Currencies and Exchange Rates Questions
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One peso
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One Dinar
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One gultrum
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One Zloty
D
Correct answer
Explanation
100 groszy make one Zloty, which is the currency of Poland. This parallels India's system where 100 paisa equal one rupee. Groszy is the Polish term for their smallest monetary unit, similar to how paisa works in India. Zloty literally means 'golden' in Polish.
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Silver with brass
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Wrought silver
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Silver with Gold
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Silver with Copper
B
Correct answer
Explanation
The Sanskrit word 'rupya' literally means 'wrought silver' or 'worked silver,' referring to silver coins that were widely used in ancient India. This is the etymological origin of the word 'rupee,' which became the name of currency across several South Asian countries.
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Malaysia
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South Korea
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Vietnam
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Mongolia
C
Correct answer
Explanation
Vietnam's currency is the Dong (VND). The XU was historically a subdivision equal to 1/10 of a dong but is no longer in circulation. Malaysia uses Ringgit, South Korea uses Won, and Mongolia uses Tugrik.
D
Correct answer
Explanation
The Euro is the official common currency of the European Union, used by 20 of the 27 EU member countries as of 2026. It was introduced in 1999 as an accounting currency and in 2002 as physical cash. Peso is used in various Latin American countries, Pound is the UK currency, and Sterling refers to the British pound sterling.
A
Correct answer
Explanation
The statement that there are 293 ways to make change for a dollar is marked as True. This is a well-known mathematical fact about US currency. Using pennies, nickels, dimes, quarters, and half-dollars, there are indeed 293 distinct combinations that equal exactly one dollar ($1.00). This is a classic combinatorics problem.
C
Correct answer
Explanation
Slovakia adopted the Euro on January 1, 2009, replacing the Slovak Koruna. This was part of Slovakia's integration into the Eurozone after joining the European Union. The Pound is UK currency, Dollar is US currency, and Dinar is used by several Middle Eastern countries.
C
Correct answer
Explanation
The official currency of Saudi Arabia is the Saudi riyal (SAR). The riyal is subdivided into 100 halalas and has been the country's currency since it replaced the Saudi hejaz riyal in 1961. It is pegged to the US dollar at a fixed exchange rate.
D
Correct answer
Explanation
The official currency of Russia is the Russian ruble (RUB). The ruble is one of the oldest currencies in the world, dating back to the 13th century. It is subdivided into 100 kopeks and is managed by the Central Bank of Russia.
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riyal
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ringgit
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dollar
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ruble
B
Correct answer
Explanation
The official currency of Malaysia is the Malaysian ringgit (MYR), formerly known as the Malaysian dollar. The ringgit is subdivided into 100 sen and is issued by the Central Bank of Malaysia (Bank Negara Malaysia). It was officially renamed in 1975.
A
Correct answer
Explanation
The official currency of Cambodia is the Cambodian riel (KHR). While the US dollar is also widely used in Cambodia for larger transactions, the riel remains the official national currency. It is subdivided into 10 kak or 100 sen, though the sen is rarely used due to inflation.
C
Correct answer
Explanation
The official currency of Israel is the Israeli new shekel (ILS), commonly referred to simply as the shekel. It replaced the old shekel in 1986 at a ratio of 1,000:1 due to hyperinflation. The shekel is subdivided into 100 agorot and is issued by the Bank of Israel.
A
Correct answer
Explanation
South Africa's currency is the rand (ZAR), abbreviated as 'R'. The ruble is Russia's currency, rial is used in Iran and other Middle Eastern countries, and riel is Cambodia's currency.
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euro
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frankes
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strling
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franc
A
Correct answer
Explanation
France adopted the euro in 2002, replacing the French franc. The other options are incorrect: 'frankes' is a misspelling, 'strling' misspells 'sterling' (British), and 'franc' is France's old currency.
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rupee
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rufiyaa
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rupiah
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dollar
B
Correct answer
Explanation
Maldives uses the rufiyaa (MVR) as its currency. The rupee is used in India, Pakistan, and other South Asian countries, rupiah is Indonesia's currency, and dollar refers to the US or Australian dollar among others.
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rufiyaa
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dollar
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markka
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franc
C
Correct answer
Explanation
Finland used the markka (FIM) as its currency until 1999 when it adopted the euro. Rufiyaa is Maldives' currency, dollar refers to US/Australian currency, and franc is France/Switzerland's old currency.