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
A
Correct answer
Explanation
Belgium uses the Euro as its currency, having adopted it in 2002 when it replaced the Belgian Franc. As a founding member of the European Union, Belgium was among the first countries to transition to the common European currency. The other options are currencies of different nations: Gourde (Haiti), Won (South Korea), and Real (Brazil).
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CFA Franc
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US Dollar
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Real
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UAE Dirham
A
Correct answer
Explanation
Benin uses the West African CFA Franc as its official currency. This currency is shared by eight West African countries and is guaranteed by the French Treasury, reflecting Benin's historical ties to France. The other options are currencies of different nations: US Dollar (United States), Real (Brazil), and UAE Dirham (United Arab Emirates).
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Real
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Euro
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Dinar
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Canadian Dollar
A
Correct answer
Explanation
Brazil's official currency is the Real (BRL), introduced in July 1994 as part of the Plano Real economic stabilization plan. The Real successfully ended Brazil's period of hyperinflation and replaced the Cruzeiro. The other options are currencies of different countries: Euro (European Union), Dinar (several Middle Eastern and North African countries), and Canadian Dollar (Canada).
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Lev
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Rupiah
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Yuan/Renminbi
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Canadian Dollar
A
Correct answer
Explanation
Bulgaria's official currency is the Lev (BGN), which is divided into 100 stotinki. Despite being a member of the European Union, Bulgaria has not yet adopted the Euro and continues to use the Lev. The other options are currencies of different countries: Rupiah (Indonesia), Yuan/Renminbi (China), and Canadian Dollar (Canada).
A
Correct answer
Explanation
Cambodia's official currency is the Riel (KHR), though US Dollars are also widely accepted in everyday transactions. The Riel was reintroduced in 1980 after the Khmer Rouge regime and is divided into 10 sen. The other options are currencies of different countries: US Dollar (United States), Won (South Korea), and Dinar (several Middle Eastern countries).
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CFA Franc
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Rupiah
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Euro
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Taka
A
Correct answer
Explanation
Cameroon uses the Central African CFA Franc as its currency, shared by six Central African nations. The CFA Franc is guaranteed by the French Treasury and maintains a fixed exchange rate with the Euro. The other options are currencies of different countries: Rupiah (Indonesia), Euro (European Union), and Taka (Bangladesh).
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Canadian Dollar
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Dinar
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US Dollar
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Euro
A
Correct answer
Explanation
Canada's official currency is the Canadian Dollar (CAD), divided into 100 cents. It is often abbreviated as 'C$' to distinguish it from other dollar-denominated currencies, particularly the US Dollar. The other options are currencies of different countries: Dinar (several Middle Eastern and North African countries), US Dollar (United States), and Euro (European Union).
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Colon
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Euro
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Taka
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Yuan/Renminbi
A
Correct answer
Explanation
Costa Rica's currency is the Colon (CRC), named after Christopher Columbus (known as Cristobal Colon in Spanish). The Colon was introduced in 1896, replacing the Costa Rican Peso, and is divided into 100 centimos. The other options are currencies of different countries: Euro (European Union), Taka (Bangladesh), and Yuan/Renminbi (China).
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UAE Dirham
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Birr
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Euro
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Gourde
B
Correct answer
Explanation
Ethiopia's official currency is the Birr (ETB), which means 'silver' in Amharic, Ethiopia's official language. The Birr is subdivided into 100 santims and has been Ethiopia's currency since 1945. The other options are currencies of different countries: UAE Dirham (United Arab Emirates), Euro (European Union), and Gourde (Haiti).
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Dinar
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Euro (Formerly Marka)
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Rupiah
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Pound Sterling
B
Correct answer
Explanation
Finland adopted the Euro in 1999, replacing the Finnish Markka (mark). Dinar is used in Middle Eastern countries, Rupiah is Indonesian currency, and Pound Sterling is British. Finland was one of the first EU countries to join the Eurozone.
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US Dollar
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Lari
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Real
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Krone
B
Correct answer
Explanation
Georgia uses the Lari (GEL) as its official currency. The US Dollar, Brazilian Real, and Krone are currencies of other countries and not used in Georgia.
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Lek
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Cedi
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Euro
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Pound Sterling
B
Correct answer
Explanation
Ghana uses the Cedi (GHS) as its official currency. The Lek is Albanian, while the Euro and Pound Sterling are European currencies not used in Ghana.
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Pound Sterling
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Forint
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US Dollar
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Dinar
B
Correct answer
Explanation
Hungary uses the Forint (HUF) as its official currency. Pound Sterling is British, the US Dollar is American, and Dinar is used in several Middle Eastern and North African countries.
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Euro
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Taka
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US Dollar
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Gourde
A
Correct answer
Explanation
Austria uses the Euro (EUR) as its official currency, having adopted it in 1999/2002. Taka is Bangladeshi, US Dollar is American, and Gourde is Haitian.
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Pound Sterling
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Real
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Tugrik
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Won
C
Correct answer
Explanation
Mongolia uses the Tugrik (MNT) as its official currency. Pound Sterling is British, Real is Brazilian, and Won is Korean (South or North).