General Awareness · Banking Financial Awareness
Currencies and Exchange Rates
1,506 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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Ethiopia
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Bahrain
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Singapore
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Brazil
A
Correct answer
Explanation
The currency symbol "Br" represents the Ethiopian Birr, which is the official currency of Ethiopia. The Birr has been Ethiopia's currency since 1945 and is subdivided into 100 santims. The symbol "Br" is the standard notation for this currency in international financial contexts.
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Romania
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Qatar
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India
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Sweden
C
Correct answer
Explanation
The currency symbol "Rs" (or sometimes "₹" officially) represents the Rupee, which is the official currency of India. The Indian Rupee (INR) is one of the most widely recognized currency symbols globally and has been India's currency since ancient times, with the modern decimal system adopted in 1957.
A
Correct answer
Explanation
Like most decimal currencies, the Australian dollar is divided into 100 cents. This is standard across modern monetary systems including the US dollar, Euro, and others.
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Cruzeiro
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Rand
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Dalasi
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Drachma
D
Correct answer
Explanation
Greece used the drachma as its currency until adopting the euro in 2001. Cruzeiro was Brazil's currency, rand is South Africa's current currency, and dalasi is Gambia's currency.
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ADOPENGÖ
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ARIARY
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BAHT
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BAISA
B
Correct answer
Explanation
Madagascar's currency is the Ariary, which replaced the Malagasy Franc in 2005. One Ariary equals five iraimbilanja. Baht is Thai currency, while Baisa is Omani subunit.
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BAISA
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BOLIVIANO
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BIPKWELE
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NONE OF THE ABOVE
A
Correct answer
Explanation
Oman's currency is the Rial Omani, which is divided into 1000 baisa. While Baisa is the subunit rather than the main currency name, it's the correct option among the choices. Boliviano is Bolivian currency.
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BIRR
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CENTAVO
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CEDI (CEDIS)
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BOLIVIANO
C
Correct answer
Explanation
Ghana's currency is the Cedi (plural: Cedis), which replaced the Ghanaian Pound in 1965. Birr is Ethiopian currency, Centavo is used in several Latin American countries, and Boliviano is Bolivian currency.
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CRUZADO
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CENTAVO
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DALASI
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CENTIME
A
Correct answer
Explanation
Brazil's currency was the Cruzado in the late 1980s before being replaced by the Cruzado Novo and eventually the Real in 1994. Centavo is a subunit used in many currencies. Dalasi is Gambian and Centime is French.
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DINAR (DINARA)
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DOBRA (DOBRAS)
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DOLLAR
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DENAR (DENARI)
D
Correct answer
Explanation
North Macedonia's currency is the Denar (plural: Denari), subdivided into 100 deni. Dinar is used in several Middle Eastern countries but not Macedonia. Dobra is Sao Tomean currency.
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DUCAT
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EKUELE
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DRAM
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NONE OF THE ABOVE
C
Correct answer
Explanation
Armenia's currency is the Dram, subdivided into 100 luma. It has been Armenia's official currency since replacing the Soviet Ruble in 1993. Ducat is historical currency, Ekuele is Equatorial Guinean.
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DUCAT
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EKUELE
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EMALANGENI
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FEN
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ESCUDO
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SCHILLING
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FLORIN
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FORINT
B
Correct answer
Explanation
Austria used the Schilling (ATS) as its currency from 1925 to 2002, before adopting the Euro. The Escudo was used in Portugal and Spain, the Florin was used in various historical contexts (including Austria-Hungary as the Gulden), and the Forint is Hungary's current currency. The Schilling is the correct answer for Austria's pre-Euro currency.
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LIRA (LIROT)
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LIRA (LIRI)
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LIRA (LIRE)
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LITAS (LITAI, LITU)
C
Correct answer
Explanation
Italy used the lira as its currency before adopting the euro. "Lire" is the correct Italian plural form of "lira." The other options show incorrect plural forms or are from different countries (Litas was Lithuanian).
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NAIRA
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NAKFA
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NEW PENCE
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NGULTRUM
A
Correct answer
Explanation
Nigeria uses the naira as its official currency. Nakfa is Eritrean, New Pence is British (old), and Ngultrum is Bhutanese.
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PATACA
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PA'ANGA
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PENCE
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PENGÖ
B
Correct answer
Explanation
Tonga uses the pa'anga as its currency. Pataca is Macanese, Pence is British, and Pengö is Hungarian (historical).