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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Dirham
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Rupee
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Lira
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Guilder
C
Correct answer
Explanation
Malta used the Maltese Lira as its national currency until adopting the Euro in 2008. The Lira was Malta's official currency for many years after gaining independence. Dirham is used by UAE and Morocco, Rupee by India and Pakistan, and Guilder was the currency of Netherlands.
A
Correct answer
Explanation
Mauritius uses the Mauritian Rupee (MUR) as its official currency since 1876. Franc is used by former French colonies in Africa; Krone in Scandinavian countries; Dinar in several Middle Eastern and North African nations.
D
Correct answer
Explanation
Panama uses the Panamanian Balboa (PAB), which is pegged to the US Dollar at a 1:1 ratio. CFA Franc is used in West and Central Africa; Kwacha in Zambia and Malawi; Pound in the UK and others.
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Ringet
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Rupee
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Rufiyaa
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Ruble
B
Correct answer
Explanation
The Sri Lankan Rupee (LKR) is the official currency of Sri Lanka, issued by the Central Bank of Sri Lanka. Several countries in the Indian subcontinent use currencies called 'rupee' - India, Pakistan, Nepal, and Sri Lanka all have rupee currencies. 'Rupee' is correctly identified as the answer.
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Euro
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Hungarian Forint
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Hungarian Dollar
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Pound Sterling
B
Correct answer
Explanation
Hungary uses the Hungarian Forint (HUF) as its official currency, not the Euro despite being an EU member. Hungary has not adopted the Euro and maintains its own currency. Pound Sterling is UK's currency and Hungarian Dollar doesn't exist.
C
Correct answer
Explanation
Norway's official currency is the Norwegian krone (plural: kroner), abbreviated as NOK. It has been Norway's currency since 1875. Yen is Japanese, dinar is used in several Middle Eastern countries, and rial is used in Iran and some other nations. The claimed answer C is correct.
B
Correct answer
Explanation
Korea uses the won as its currency. South Korea uses the South Korean won (KRW) and North Korea uses the North Korean won (KPW). The won has been the official currency of both nations since their division.
B
Correct answer
Explanation
Malaysia's currency is the ringgit (MYR), issued by Bank Negara Malaysia. It has been the country's official currency since 1967, when it replaced the Malaya and British Borneo dollar.
D
Correct answer
Explanation
Iran's official currency is the rial (IRR). It has been Iran's currency since 1932, issued by the Central Bank of Iran. The rial is subdivided into 100 dinars, though dinar coins are no longer used due to inflation.
A
Correct answer
Explanation
Myanmar's currency is the kyat (MMK), issued by the Central Bank of Myanmar. It has been the official currency since 1952, though it has undergone several revaluations and redenominations due to political and economic changes.
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Argentino
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Kuna
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Yang
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Shekel
A
Correct answer
Explanation
The Yuan (Renminbi) is the correct currency of China. Yen is Japanese, Yang is not a real currency, Won is Korean (South Korea uses Won, North Korea uses Won too but different variants).
B
Correct answer
Explanation
Sol is the correct currency of Peru (Peruvian Sol, PEN). Shekel is Israeli, Som is Kyrgyzstani, Sucre is Ecuadorian (old currency, now uses USD).
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Shekel
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Rubel
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Riel
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Cambodian dollar
C
Correct answer
Explanation
Riel is the correct currency of Cambodia (Cambodian Riel, KHR). Shekel is Israeli, Rubel is Russian (Rublo), Cambodian dollar is not a real currency.
A
Correct answer
Explanation
Shekel is the correct currency of Israel (Israeli Shekel, ILS). Qiran is Saudi Arabian (old), Punt is Somali (old), Pula is Botswanan.