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

Multiple choice general knowledge
  1. One peso

  2. One Dinar

  3. One gultrum

  4. One Zloty

Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. Silver with brass

  2. Wrought silver

  3. Silver with Gold

  4. Silver with Copper

Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. Peso

  2. Pound

  3. Sterling

  4. Euro

Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. True

  2. False

Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. dinar

  2. ruble

  3. riyal

  4. rial

Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. rand

  2. rable

  3. rooby

  4. ruble

Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. riyal

  2. ringgit

  3. dollar

  4. ruble

Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. riel

  2. rand

  3. rial

  4. riyal

Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. dinar

  2. riyal

  3. shekel

  4. rial

Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. rand

  2. ruble

  3. rial

  4. riel

Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. euro

  2. frankes

  3. strling

  4. franc

Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. rupee

  2. rufiyaa

  3. rupiah

  4. dollar

Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. rufiyaa

  2. dollar

  3. markka

  4. franc

Reveal answer Fill a bubble to check yourself
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.