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

Multiple choice general knowledge
  1. US Dollar

  2. Dong

  3. Ruble

  4. Bolivars

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

Russia uses the Ruble as its national currency, one of the world's oldest currencies still in use. The modern Russian Ruble replaced the Soviet Ruble after the USSR's dissolution.

Multiple choice general knowledge
  1. Bolivars

  2. Dinar

  3. Riyal

  4. Somoni

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

Saudi Arabia uses the Riyal as its official currency, which is pegged to the US Dollar at a fixed exchange rate. The Riyal has been Saudi Arabia's currency since the country's formation.

Multiple choice general knowledge
  1. Paper Currency

  2. Gold

  3. Silver and Gold Both

  4. Book keeping entry only

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

SDR (Special Drawing Rights) is an international reserve asset created by the IMF in 1969. It exists only as a bookkeeping entry on the IMF's ledger - there are no physical SDR notes or coins. It is not backed by gold or silver. SDRs provide member countries with a claim to freely usable currencies of other IMF members and are a unit of account.

Multiple choice general knowledge culture
  1. Real

  2. Nuevo sol

  3. Peso

  4. US Dollar

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

Peru's official currency is the Nuevo Sol (PEN), introduced in 1991 to replace the old Inti. The Real is used in Brazil, the Peso in multiple Latin American countries, and while US dollars are accepted in some places in Peru, they are not the national currency. The Nuevo Sol is subdivided into 100 céntimos.

Multiple choice general knowledge culture
  1. Riyal

  2. Shekel

  3. Lira

  4. Dinar

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

The Saudi Riyal (SAR) is the official currency of Saudi Arabia. Shekel is used in Israel, Lira in Turkey and Lebanon, while Dinar is used in several other Arab countries but not Saudi Arabia.

Multiple choice general knowledge culture
  1. Maltese Dollar

  2. Dollar

  3. Euro

  4. Dinar Malti

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

Malta adopted the Euro in 2008 when it joined the European Union, replacing the Maltese Lira. The Euro is now the official currency used throughout the country. The Maltese Lira was the currency before Euro adoption, and there has never been a 'Maltese Dollar' or 'Dinar Malti'.

Multiple choice general knowledge science & technology
  1. how many dollars in a pound

  2. 1 pound in dollars

  3. pounds to dollars

  4. Any of the above.

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

Google is smart enough to understand currency conversion queries in natural language. All three options - 'how many dollars in a pound', '1 pound in dollars', and 'pounds to dollars' - will return the current exchange rate. Google's search algorithm handles various phrasing styles.

Multiple choice general knowledge
  1. 100

  2. 110

  3. 102

  4. 105

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

The Australian dollar, like most decimal currency systems, is divided into 100 cents. This decimal system was adopted in 1966 when Australia switched from the Australian pound to the decimal dollar system. Each cent represents one-hundredth of a dollar, and coins are issued in denominations of 5, 10, 20, and 50 cents, as well as 1 and 2 dollar coins.

Multiple choice general knowledge
  1. Monyt

  2. Mony

  3. Mont

  4. Moneyta

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

The word MONEY comes from Latin 'moneta', referring to the Temple of Juno Moneta where Roman coins were minted. Among the options, 'Moneyta' is closest to this etymological root. However, the question contains grammatical errors and lacks proper context.

Multiple choice general knowledge culture
  1. Albania

  2. Afghanis

  3. Dollars

  4. Pulas

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

The official currency of Afghanistan is the Afghan Afghani, abbreviated as AFN. Albania is a country, not a currency. Dollars and Pulas are currencies of other countries (USA and Botswana respectively). The question is marked as MC-2 but only has one correct answer.

Multiple choice general knowledge
  1. Berlin

  2. Moskova

  3. Munchen

  4. St. Petersburg

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

The ruble is the currency of Russia, and Moscow is its capital city. Moscow has been Russia's political and cultural center for centuries. Berlin is Germany's capital, Munchen (Munich) is a major German city, and St. Petersburg is a former Russian capital.

Multiple choice general knowledge culture
  1. Rand

  2. Real

  3. Rupee

  4. Ruble

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

The Rand (ZAR) is the official currency of South Africa, introduced in 1961 when the country became a republic. Real is used in Brazil, Rupee in India and other Asian countries, while Ruble is the Russian currency.