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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Honduras
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Malawi
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Vietnam
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Fiji
C
Correct answer
Explanation
Vietnam's currency is the Dong (VND). Honduras uses the Lempira, Malawi uses the Kwacha, and Fiji uses the Dollar.
C
Correct answer
Explanation
Israel's official currency is the New Shekel (ILS), introduced in 1986 replacing the old Shekel. The Lira was Israel's currency before 1980. Won (South Korea) and Yen (Japan) are currencies of other Asian nations.
B
Correct answer
Explanation
Egypt's currency is the Egyptian Pound (EGP), one of the oldest currencies still in use. The Pound has been Egypt's official currency since 1834, though it has undergone several revaluations. Dollar, Yen, and Euro are currencies of other nations.
D
Correct answer
Explanation
Barbuda (part of Antigua and Barbuda) uses the East Caribbean Dollar as its official currency. The EC Dollar is shared by eight Caribbean island nations and has been pegged to the US Dollar since 1976. Pound and Lev are European currencies, while Won is Korean.
B
Correct answer
Explanation
Cuba has two official currencies: the Cuban Peso (CUP) used by citizens and the Cuban Convertible Peso (CUC) for tourism and international trade. The Peso has been Cuba's currency since 1857. Krone is Scandinavian, Birr is Ethiopian, and Dollar is American/international.
A
Correct answer
Explanation
Bangladesh's official currency is the Taka (BDT). The other options are currencies of different countries: Lev (Bulgaria), Birr (Ethiopia), and Won (North and South Korea).
A
Correct answer
Explanation
Iran's official currency is the Rial (IRR). Dinar is used in several Middle Eastern countries but not Iran, Lira is Turkey's currency, and Peso is used in Latin American countries.
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Irish Pound
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Rupiah
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Rial
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Krona
D
Correct answer
Explanation
Iceland's official currency is the Krona (ISK). The Irish Pound is from Ireland (now uses Euro), Rupiah is Indonesian, and Rial is used in Iran and other Middle Eastern countries.
C
Correct answer
Explanation
Poland's official currency is the Zloty (PLN). Kina is Papua New Guinea's currency, Zaire was an old Belgian currency, and Bolivar is Venezuela's currency.
B
Correct answer
Explanation
South Africa's official currency is the Rand (ZAR). Peseta was Spain's currency (now Euro), Naira is Nigeria's currency, and Colon is Costa Rica's currency.
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Guilder
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Kroner
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Peseta
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Riyal
B
Correct answer
Explanation
Norway uses the Norwegian krone (plural: kroner) as its currency. The krone has been Norway's currency since the late 19th century and is subdivided into 100 øre.
D
Correct answer
Explanation
Zaire (now the Democratic Republic of Congo) used the Zaire as its currency from 1967 until 1997. It was subdivided into 100 makuta and was replaced by the Congolese franc.
A
Correct answer
Explanation
El Salvador (often referred to as Salvador) uses the US dollar as its official currency since 2001. However, the colón was its historical currency, which the question likely refers to.
B
Correct answer
Explanation
Panama uses the Panamanian balboa as its currency, which is pegged 1:1 to the US dollar. Panama uses both the balboa and US dollar in practice.