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

What is the currency of Philippines?

  1. Phoenix

  2. Pitis

  3. Peso

  4. Piso
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Piso is the correct answer - Peso and Piso are the same currency (Filipino Peso/Piso, PHP). In Filipino languages, it's called Piso. Phoenix, Pitis are fictional/old currencies.

Multiple choice general knowledge

Currency of Malaysia:

  1. Malay Dollars

  2. Ringgit

  3. Rupiah

  4. Baht
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The official currency of Malaysia is the Malaysian Ringgit (MYR). Rupiah is Indonesian currency, while Baht is Thai currency. Malay Dollars is not an actual currency name.

Multiple choice general knowledge

Currency of Guatemala

  1. Cruzeiro

  2. Dollar

  3. Quetzal

  4. Cedi
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Guatemala's official currency is indeed the Quetzal (GTQ), named after the national bird, the resplendent quetzal. The currency has been in use since 1925, replacing the Guatemalan peso. Cruzeiro is Brazilian (historical), Dollar is used by multiple countries (not Guatemala), and Cedi is Ghanaian currency.

Multiple choice general knowledge

Currency of Ivory Cost

  1. Taka

  2. Forint

  3. New Peso

  4. CFA franc
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Ivory Coast (Cote d'Ivoire) uses the West African CFA franc (XOF) as its currency, which is shared by several West African countries and is guaranteed by the French Treasury. Taka is Bangladeshi, Forint is Hungarian, and New Peso could refer to several countries' historical currencies.

Multiple choice general knowledge

Currency of Laos

  1. Cip

  2. Kip

  3. Lei

  4. Kei
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Laos uses the Kip (LAK) as its official currency. The other options are not correct: Cip is not a standard currency name, Lei is Romanian, and Kei is not a recognized currency. The Kip has been Laos's currency since the 1950s.

Multiple choice general knowledge

Currency of Malaysia

  1. Ringgit

  2. Malaysian Rupee

  3. Rupee

  4. Dinar
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Malaysia's official currency is the Ringgit (MYR), which has been in use since 1967 (though it was called the Malaysian dollar until 1975). The other options are incorrect: Malaysian Rupee and Rupee are not Malaysia's currency, and Dinar is used by several Middle Eastern and North African countries.

Multiple choice general knowledge

Currency of Poland

  1. Kwacha

  2. Zloty

  3. New Dong

  4. Euro
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Poland's official currency is the Zloty (PLN), which has been in use since the early 20th century (with interruptions during WWII and communist era). Kwacha is Zambian/Malawian, New Dong is Vietnamese (historical), and Poland does not use the Euro. The Zloty is divided into 100 groszy.

Multiple choice general knowledge

Currency of Romania

  1. Euro

  2. Lei

  3. Romanian Dollar

  4. Metical
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Romania's currency is the Romanian Leu (plural: Lei). The Euro is used by many EU countries but Romania has not adopted it yet. Metical is Mozambique's currency, and 'Romanian Dollar' does not exist.

Multiple choice general knowledge

Currency of Vietnam

  1. New Dong

  2. Kwacha

  3. Yuan

  4. Bhat
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Vietnam's currency is the Dong (specifically Vietnamese Dong). While the currency underwent revaluation in the mid-20th century, it is simply called 'Dong' not 'New Dong'. Kwacha is Malawi/Zambia's currency, Yuan is China's, and Baht is Thailand's.

Multiple choice general knowledge

Currency of Zambia

  1. Balboa

  2. Rand

  3. Dirham

  4. Kwacha
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Zambia uses the Kwacha as its official currency. Balboa is Panama's currency, Rand is South Africa's, and Dirham is used by several Arab countries including UAE and Morocco.

Multiple choice general knowledge

Currency of Zambia

  1. Balboa

  2. Rand

  3. Dirham

  4. Kwacha
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Zambia uses the Kwacha as its official currency. Balboa is Panama's currency, Rand is South Africa's, and Dirham is used by several Arab countries including UAE and Morocco.

Multiple choice general knowledge

Currency of Panama

  1. Pesos

  2. Naira

  3. Balboa

  4. Kroner
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Panamanian balboa (PAB) is the official currency of Panama, which circulates alongside the US dollar at a 1:1 fixed exchange rate.