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

Multiple choice general knowledge
  1. Krone

  2. CFA Franc

  3. Yuan/Renminbi

  4. Lek

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Denmark uses the Krone as its official currency, abbreviated as DKK. The Krone has been Denmark's currency since 1873, when it replaced the former Rigsdaler. The other options are currencies of different countries: CFA Franc is used in West African nations, Yuan/Renminbi is China's currency, and Lek is Albania's currency.

Multiple choice general knowledge
  1. Dinar

  2. Pound Sterling

  3. Ariary

  4. Tenge

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Madagascar uses the Ariary as its official currency, introduced in 2005 to replace the Malagasy Franc. The Ariary is subdivided into 5 iraimbilanja, making it one of only two currencies in the world with a non-decimal subdivision system. Dinar is used by several Middle Eastern and North African countries, Tenge is Kazakhstan's currency, and Pound Sterling is the UK's currency.

Multiple choice general knowledge
  1. Pound Sterling

  2. Tenge

  3. Ringgit

  4. Real

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Malaysia's official currency is the Ringgit (MYR), which replaced the Malayan Dollar at par in 1967. The Ringgit is subdivided into 100 sen. Tenge is Kazakhstan's currency, Real is Brazil's currency, and Pound Sterling is the UK's currency - none of which are used in Malaysia.

Multiple choice general knowledge
  1. Ariary

  2. US Dollar

  3. rufiyaa

  4. Lek

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Maldivian rufiyaa (MVR) is the official currency of Maldives, issued by the Maldives Monetary Authority. It's subdivided into 100 laari. Ariary is Madagascar's currency, US Dollar is American currency, and Lek is Albania's currency.

Multiple choice general knowledge
  1. Koruna

  2. US Dollar

  3. Euro

  4. Pound Sterling

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Czech Republic uses the Czech Koruna (CZK), managed by the Czech National Bank. The Koruna is subdivided into 100 haléřů, though haléř coins are no longer in circulation. Despite being a EU member, the Czech Republic has not adopted the Euro. US Dollar and Pound Sterling are currencies of USA and UK respectively.

Multiple choice general knowledge
  1. Shekel

  2. Rupee

  3. Taka

  4. Dinar

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

India's official currency is the Indian Rupee (INR), controlled by the Reserve Bank of India. The Rupee is subdivided into 100 paise. Shekel is Israel's currency, Taka is Bangladesh's currency, and Dinar is used by several Middle Eastern countries.

Multiple choice general knowledge
  1. Pound Sterling

  2. Rupiah

  3. Euro

  4. Yen

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Indonesia's official currency is the Rupiah (IDR), issued by Bank Indonesia. It's subdivided into 100 sen, though sen coins are no longer used due to hyperinflation. Pound Sterling is the UK's currency, Euro is used by 19 EU countries, and Yen is Japan's currency.

Multiple choice general knowledge
  1. Shekel

  2. Rial

  3. Yen

  4. Krone

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Iran's official currency is the Rial (IRR), issued by the Central Bank of Iran. Due to historical inflation, Iranians commonly use the Toman (10 Rials) in colloquial speech, though it's not an official unit. Shekel is Israel's currency, Yen is Japan's currency, and Krone is used by Scandinavian countries.

Multiple choice general knowledge
  1. UAE Dirham

  2. Dinar/US Dollar

  3. Euro

  4. Gourde

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Iraq's official currency is the Iraqi Dinar (IQD), issued by the Central Bank of Iraq. The option 'Dinar/US Dollar' acknowledges that in practice, US Dollars are also widely used for larger transactions and international trade. UAE Dirham is used by United Arab Emirates, Euro is EU currency, and Gourde is Haiti's currency.

Multiple choice general knowledge
  1. US Dollar

  2. Shekel

  3. Euro

  4. Krone

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Israel's official currency is the Israeli New Shekel (ILS), issued by the Bank of Israel. It replaced the old Shekel in 1986 at a ratio of 1000:1 due to hyperinflation. US Dollar is American currency, Euro is EU currency, and Krone is used by Scandinavian countries.

Multiple choice general knowledge
  1. Lek

  2. Tenge

  3. Taka

  4. Euro

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Kazakhstan's official currency is the Tenge (KZT), introduced in 1993 after the Soviet collapse. It's subdivided into 100 tiyn. Lek is Albania's currency, Taka is Bangladesh's currency, and Euro is used by EU member countries. The Tenge was chosen as it means 'money' or 'set of scales' in Kazakh and other Turkic languages.

Multiple choice general knowledge
  1. Taka

  2. Won

  3. Dirham

  4. Yen

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

South Korea's official currency is the Won (KRW), issued by the Bank of Korea. The Won is subdivided into 100 jeon, though jeon are rarely used due to low value. Taka is Bangladesh's currency, Dirham is used by Arab countries, and Yen is Japan's currency - a frequently confused but different currency.

Multiple choice general knowledge
  1. Dinar

  2. Peso

  3. Lek

  4. Real

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Algeria's official currency is the Algerian Dinar (DZD), issued by the Bank of Algeria. It's subdivided into 100 santeem. Peso is used by Latin American countries, Lek is Albania's currency, and Real is Brazil's currency. The Dinar name derives from the Roman denarius and is shared with several other North African and Middle Eastern currencies.

Multiple choice general knowledge
  1. Peso

  2. US Dollar

  3. Won

  4. Yen

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Argentina's official currency is the Peso, abbreviated as ARS. The Argentine Peso has undergone several transformations throughout Argentina's complex economic history, including multiple devaluations and currency crises. The other currencies belong to different nations: US Dollar (United States), Won (South Korea), and Yen (Japan).

Multiple choice general knowledge
  1. Australian Dollar

  2. Rupiah

  3. Dinar

  4. US Dollar

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Australia's official currency is the Australian Dollar (AUD), introduced in 1966 to replace the Australian Pound. It is one of the most traded currencies globally and is divided into 100 cents. The other options are currencies of different countries: Rupiah (Indonesia), Dinar (used in several Middle Eastern and North African countries), and US Dollar (United States).