General Awareness ยท 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. True

  2. False

Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. True

  2. False

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

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).

Multiple choice general knowledge
  1. True

  2. False

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

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.

Multiple choice general knowledge
  1. True

  2. False

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

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.

Multiple choice general knowledge
  1. True

  2. False

Reveal answer Fill a bubble to check yourself
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.

Multiple choice general knowledge
  1. True

  2. False

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

Paraguay uses the guarani (PYG), not the pound. The guarani has been Paraguay's currency since 1944, named after the indigenous Guarani people. The pound is used in the UK and some British territories.

Multiple choice general knowledge
  1. True

  2. False

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

South Africa uses the South African rand (ZAR), so the statement is true. The rand was introduced in 1961 and is also used in the Common Monetary Area with Namibia, Lesotho, and Eswatini.

Multiple choice general knowledge
  1. True

  2. False

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

Uganda uses the Ugandan shilling (UGX), so the statement is true. Uganda adopted the shilling in 1966, replacing the East African shilling. Kenya and Tanzania also use their own versions of the shilling.

Multiple choice general knowledge culture
  1. Euro

  2. Yen

  3. Franc

  4. Dollar

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

The United States dollar is the official currency of the US, established by the Coinage Act of 1792. The Euro is used by European Union countries, Yen is Japan's currency, and the Franc was historically used by France and Switzerland but not the US.

Multiple choice general knowledge sports
  1. 3

  2. 4

  3. 2

  4. 5

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

The UEFA European Championship (Euro) is played every 4 years, typically in the even years between World Cup tournaments. The tournament began in 1960 and has maintained this quadrennial schedule, making option B correct. Options A, C, and D (3, 2, and 5 years) do not match the established 4-year cycle of the competition.

Multiple choice general knowledge history
  1. 1 Rs. coin

  2. 5 Rs. coin

  3. 2 Rs. coin

  4. 50 ps. coin

Reveal answer Fill a bubble to check yourself
A,B,C Correct answer
Explanation

Saint Thiruvalluvar commemorative coins were released in 1995 in three denominations: 1 rupee, 2 rupees, and 5 rupees. These coins featured the Tamil sage/poet Thiruvalluvar. The 50 paise coin was not part of this commemorative series, as smaller denominations were phased out of special commemorative sets during this period.

Multiple choice general knowledge
  1. Ethiopia

  2. East Timor

  3. Ecuador

  4. Ghana

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

Birr is the official currency of Ethiopia, introduced in 1945 and still in use today. East Timor uses the US Dollar, Ecuador uses the US Dollar, and Ghana uses the Cedi.

Multiple choice general knowledge
  1. Anguilla

  2. Belarus

  3. Belize

  4. Armenia

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

The Dram is the official currency of Armenia, used since 1993 after the breakup of the Soviet Union. Anguilla uses East Caribbean dollar, Belarus uses Ruble, and Belize uses Belizean dollar.