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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Dollar
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Schiling
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Ruble
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Peso
A
Correct answer
Explanation
Australia uses the Australian Dollar as its currency. The other options are currencies from different countries: Schilling (Austria, pre-Euro), Ruble (Russia), and Peso (used by several Latin American countries).
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Dollar
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Schiling
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Ruble
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Peso
C
Correct answer
Explanation
Russia's official currency is the Ruble. The Dollar is used by the United States, Schilling was Austria's currency before Euro, and Peso is used by several Latin American countries like Cuba and Mexico.
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Dollar
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Schiling
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Ruble
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Peso
D
Correct answer
Explanation
Uruguay uses the Peso as its currency. The Dollar is used by the United States, Schilling was Austria's currency, and Ruble is Russia's currency.
B
Correct answer
Explanation
Switzerland uses the Swiss Franc as its currency, not the Euro despite being surrounded by Eurozone countries. The Krona is used by Sweden, while Dollar is used by the United States and Australia.
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Poland
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Romania
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Italy
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South Africa
A
Correct answer
Explanation
Zloty (Polish złoty) is indeed the official currency of Poland. It has been Poland's currency since the medieval period, with the modern version being reintroduced in the 1920s.
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Uruguayan Guaraní
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Uruguayan Real
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Uruguayan Bolívar
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Uruguayan Peso
D
Correct answer
Explanation
The official currency of Uruguay is the Uruguayan Peso (UYU). The other options are incorrect: Guarani is Paraguay's currency, Real is Brazil's, and Bolivar is Venezuela's. Uruguay's peso has been its currency since the 1800s, though it's been revalued multiple times.
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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.