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
D
Correct answer
Explanation
Bangladesh's official currency is the Taka. The Rupee is used in India, Pakistan, and Nepal, Rupiah is Indonesia's currency, and Peso is used in several Latin American countries.
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Dollar
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Gilder
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Pound
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Ruble
B
Correct answer
Explanation
The Netherlands (Holland) historically used the Guilder (or Gulden) before adopting the Euro in 2002. The Dollar is used in multiple countries, Pound is the UK's currency, and Ruble is Russia's currency.
C
Correct answer
Explanation
Malaysia's official currency is the Ringgit (option spells it 'Ringgitt' - minor variant). The Taka is Bangladesh's currency, Birr is Ethiopia's currency, and Yen is Japan's currency.
A
Correct answer
Explanation
The official currency of Australia is the Australian Dollar (AUD), commonly denoted as A$.
A
Correct answer
Explanation
The official currency of Brazil is the Brazilian Real (BRL), denoted as R$.
A
Correct answer
Explanation
The Barbadian Dollar (BBD) is the official currency of Barbados, pegged to the US Dollar at a fixed rate since 1975. It has been the country's sole legal tender since 1973, replacing the Eastern Caribbean dollar.
B
Correct answer
Explanation
Greece uses the Euro (€), not the pound. Greece adopted the Euro in 2001, replacing the drachma. The pound is used in the UK and some other countries, but never in Greece.
B
Correct answer
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Libya uses the Libyan dinar, not dirham. Dirham is the currency of Morocco and the United Arab Emirates, while Libya's currency has been the dinar since 1971.
B
Correct answer
Explanation
Mexico uses the Mexican peso, not kyat. The kyat is the currency of Myanmar in Southeast Asia. Mexico has used the peso for centuries, symbolized as $ or MXN.
A
Correct answer
Explanation
Seychelles uses the Seychellois rupee (SCR), so the statement is correct. The rupee is also used by other countries like India, Pakistan, and Sri Lanka, but Seychelles has its own version.
A
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Somalia uses the Somali shilling (SOS), so the statement is true. Despite political instability, the shilling remains Somalia's official currency since independence.
A
Correct answer
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Yugoslavia used the Yugoslav dinar when it existed. However, Yugoslavia dissolved in the 1990s and no longer exists as a country. Each successor state now has its own currency (Serbia uses the Serbian dinar).
A
Correct answer
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Qatar uses the Qatari riyal (QAR), so the statement is correct. The riyal is pegged to the US dollar and has been Qatar's currency since 1966.
A
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Peru uses the Peruvian sol (PEN), so the statement is true. The sol replaced the inti in 1991 during Peru's economic reform. It's commonly called the nuevo sol or simply sol.
A
Correct answer
Explanation
Russia uses the Russian ruble (RUB), so the statement is correct. The ruble has been Russia's currency for centuries, surviving the Soviet collapse and modern economic crises.