General Awareness · 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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US Dollar
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Lek
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Euro
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Kwanza
B
Correct answer
Explanation
Lek is the official currency of Albania. It has been Albania's currency since 1926. Kwanza is the currency of Angola, while Albania has never used the US Dollar or Euro as its official currency - though Euro may be accepted in some tourist areas.
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Belize Dollar
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Taka
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Euro
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Pula
C
Correct answer
Explanation
Euro is the official currency of Austria, adopted in 1999/2002 when Austria joined the Eurozone. Belize Dollar is Belize's currency, Taka is Bangladesh's currency, and Pula is Botswana's currency. Austria gave up its previous currency, the Schilling, to adopt the Euro.
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Danish Krone
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Riel
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Euro
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Pula
D
Correct answer
Explanation
Pula is the official currency of Botswana, introduced in 1976. The name means 'rain' in Setswana, reflecting its value in a dry region. Danish Krone is Denmark's currency, Riel is Cambodia's currency, and Euro is used by European Union members - Botswana has never used these.
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Kroon
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Birr
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Falkland Pound
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Fiji Dollar
B
Correct answer
Explanation
Birr is the official currency of Ethiopia, used since 1894. Kroon was Estonia's currency (now uses Euro), Falkland Pound is Falkland Islands' currency, and Fiji Dollar is Fiji's currency. The Birr has been Ethiopia's stable currency through major historical changes.
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Quetzal
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US Dollar
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Gourde
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Lempira
C
Correct answer
Explanation
Gourde is the official currency of Haiti, used since 1813. Quetzal is Guatemala's currency, Lempira is Honduras' currency, and while US Dollar may be accepted in some areas, Haiti's official currency is the Gourde. The currency is named after a Spanish coin.
D
Correct answer
Explanation
Yen is the official currency of Japan, one of the world's most traded currencies. Forint is Hungary's currency, Rupiah is Indonesia's currency, and Shekel is Israel's currency. The Yen has been Japan's currency since 1871, known for its symbol ¥ and banknote designs featuring cultural figures.
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Pataca
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Rufiyaa
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Tugrik
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Metical
B
Correct answer
Explanation
Rufiyaa is the official currency of Maldives, introduced in 1981. Pataca is Macau's currency, Tugrik is Mongolia's currency, and Metical is Mozambique's currency. The Rufiyaa is issued by the Maldives Monetary Authority and comes in banknote and coin forms, with 1 Rufiyaa = 100 Laari.
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Naira
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Rial Omani
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Guarani
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Dobra
A
Correct answer
Explanation
Naira is the official currency of Nigeria, introduced in 1973 replacing the Nigerian pound. Rial Omani is Oman's currency, Guarani is Paraguay's currency, and Dobra is Sao Tome and Principe's currency.
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Pa'anga
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Baht
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Shilling
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Vatu
B
Correct answer
Explanation
Baht is the official currency of Thailand, one of the oldest currencies in Southeast Asia. Pa'anga is Tonga's currency, Shilling is used in several East African countries, and Vatu is Vanuatu's currency.
C
Correct answer
Explanation
Dong (with a breve on the o) is the official currency of Vietnam. Lilangeni is Swaziland's currency, Vatu is Vanuatu's currency, and Rand is South Africa's currency.
D
Correct answer
Explanation
The currency code for the Canadian dollar is CAD, following the ISO 4217 standard where the first two letters represent the country and the third represents the currency (D for dollar).
B
Correct answer
Explanation
CLP is the ISO 4217 currency code for the Chilean Peso. CHL is Chile's ISO country code, not a currency code. CHE is not a valid currency code, and DSH appears to be a fabricated option.
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Indiana
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Israel
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Iraq
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Isle of man
B
Correct answer
Explanation
ILS is the ISO currency code for the Israeli new shekel, Israel's official currency. Indiana, Iraq, and the Isle of Man use different currencies (USD, IQD/dinar, and GBP/pound respectively).
A
Correct answer
Explanation
JMD is the ISO currency code for the Jamaican dollar, Jamaica's official currency. The other options (JRD, JDD, JDR) are not valid currency codes. Jamaica gained independence in 1962 and established its own dollar currency.
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Kiribathi
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Kyrgyzstan
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Kenya
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Korea
C
Correct answer
Explanation
KES is the ISO currency code for the Kenyan Shilling, used in Kenya. The other options listed are countries with different currency codes.