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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Real
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Nuevo sol
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Peso
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US Dollar
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.
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.
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Dollar
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Ringgit
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Peso
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Rupiah
A
Correct answer
Explanation
The official currency of Singapore is the Singapore Dollar (abbreviated as SGD). Ringgit is Malaysian currency, Peso is used in Philippines, and Rupiah is Indonesian currency.
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Maltese Dollar
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Dollar
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Euro
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Dinar Malti
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'.
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how many dollars in a pound
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1 pound in dollars
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pounds to dollars
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Any of the above.
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.
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.
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.
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Albania
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Afghanis
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Dollars
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Pulas
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.
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.
A
Correct answer
Explanation
Belgium adopted the Euro (€) as its official currency when it joined the Eurozone, replacing the Belgian franc. The statement is factually correct.
B
Correct answer
Explanation
The official currency of Israel is the Israeli New Shekel (ILS). The Dinar is used in several Arab nations, the Riyal is used in countries like Saudi Arabia and Qatar, and the Lira was formerly the currency of Italy and Turkey.
D
Correct answer
Explanation
The birr is the official currency of Ethiopia. It has been the country's currency since 1945, replacing the Italian lira and other currencies used during different periods.
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Currency Note Press, Nashik (Maharashtra)
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Bank Note Press, Dewas (Madhya Pradesh),
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Bharatiya Note Mudra Nigam (P) Limited presses at Salboni (West Bengal)
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Mysore (Karnataka)
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Watermark Paper Manufacturing Mill,Hoshangabad (Madhya Pradesh).
A,B,C,D,E
Correct answer
Explanation
Indian currency notes are printed at multiple locations: Currency Note Press (Nashik), Bank Note Press (Dewas), Bharatiya Reserve Bank Note Mudra Private Limited (BRBNMPL) with presses in Mysore, Salboni, and Jaipur, and Watermark Paper Manufacturing Mill (Hoshangabad) produces the security paper. All these are government-owned facilities under different authorities.
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Taiwan
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China
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Japan
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Hongkong
B
Correct answer
Explanation
The Yuan (CNY) is the primary unit of the Renminbi, the official currency of the People's Republic of China. It is one of the world's major reserve currencies and is used throughout mainland China. The currency is managed by the People's Bank of China.
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China
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Malaysia
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Hongkong
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Japan
D
Correct answer
Explanation
The Japanese Yen (JPY) is the official currency of Japan and one of the world's most traded currencies. It is the third most traded currency in the foreign exchange market after the US dollar and euro. The yen is subdivided into 100 sen, though sen coins are rarely used due to low value.