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
B
Correct answer
Explanation
The United Kingdom's official currency is the pound sterling (£). The Euro is used by many European Union countries, but the UK retained the pound. The franc is used in Switzerland and formerly in France, while the peso is used in several Spanish-speaking countries.
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dinar
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ringgit
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litas
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dirham
A
Correct answer
Explanation
Kuwait's official currency is the Kuwaiti dinar, one of the highest-valued currency units in the world. Ringgit is used in Malaysia, litas was formerly used in Lithuania, and dirham is used in several Middle Eastern and North African countries.
C
Correct answer
Explanation
Germany adopted the Euro (€) in 2002 when it replaced the Deutsche Mark, participating in the European Union's single currency system. Dollar is used in the US, won in South Korea, and franc in Switzerland and former French territories.
D
Correct answer
Explanation
Brazil's currency is the Real (BRL), introduced in 1994 during the Plano Real economic stabilization. The Peso is used in Mexico and several other Spanish-speaking American countries, Taka is Bangladesh's currency, and Rand is South Africa's currency.
C
Correct answer
Explanation
The official currency of Thailand is the Thai baht. The franc is used in Switzerland and former French colonies, the peso in Philippines and Latin American countries, and the ruble in Russia.
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somoni
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shilling
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rand
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ruble
C
Correct answer
Explanation
The official currency of South Africa is the rand. The somoni is Tajikistan's currency, shilling is used in Kenya and Tanzania, and ruble is Russia's currency.
B
Correct answer
Explanation
Vatican City uses the euro as its official currency, despite not being an EU member. The peso is used in Philippines and Latin America, franc in Switzerland and former French colonies, and ruble in Russia.
C
Correct answer
Explanation
Austria's currency is the Euro, as it is a member of the European Union. Option C is correct. Options A (dollar - USA/others), B (real - Brazil), and D (dinar - various Arab countries) are currencies of other nations.
A
Correct answer
Explanation
Albania's currency is the Lek. Option A is correct. Options B (Dinar - used in Iraq, Algeria etc.), C (Schilling - former Austrian currency), and D (Yuan - Chinese currency) are not Albanian currency.
D
Correct answer
Explanation
Bangladesh's currency is the Taka. Option D is correct. Options A (Marakka - not a real currency), B (Yen - Japan), and C (lira - Turkey/former Italian currency) are not Bangladesh's currency.
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Birr
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Baht
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Ringgit
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Irish pound
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Shilling
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Rupee
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Krona
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Pesto
C
Correct answer
Explanation
Sweden's national currency is the Krona. Shilling is used in Kenya and Tanzania, Rupee in India and Pakistan, while Pesto is a sauce, not a currency.
A
Correct answer
Explanation
South Africa's currency is the Rand. Ruble is Russian, Rial is used in Middle Eastern countries like Iran, and Ringgit is Malaysia's currency.
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Demark Dollar
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Real
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Danish
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Shekel
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Ngultrum
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Birr
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Shekel
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Peso
C
Correct answer
Explanation
Israel's currency is the Shekel (also spelled Sheqel). Ngultrum is Bhutan's currency, Birr is Ethiopian, and Peso is used in many Latin American countries.