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
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Phillipines
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Singapore
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Cambodia
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Comoros
C
Correct answer
Explanation
The Riel is the official currency of Cambodia, used since 1980. Philippines uses Peso, Singapore uses Singapore Dollar, and Comoros uses Comorian Franc.
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Zambia
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Zaire
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Ghana
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Nicaragua
C
Correct answer
Explanation
Ghana's currency is the Cedi (GHS). Zambia uses the Kwacha, Zaire (now Democratic Republic of Congo) uses the Congolese Franc, and Nicaragua uses the Cordoba.
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Nigeria
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Nauru
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Niger
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Norway
A
Correct answer
Explanation
Nigeria's currency is the Naira (NGN). Nauru uses the Australian dollar, Niger uses the West African CFA franc, and Norway uses the Krone.
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Papua New Guinea
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Indonesia
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Fiji
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Palau
A
Correct answer
Explanation
Papua New Guinea's currency is the Kina (PGK). Indonesia uses the Rupiah, Fiji uses the Dollar, and Palau uses the US dollar.
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Portugal
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Senegal
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Romania
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Sierra Leone
C
Correct answer
Explanation
Romania's currency is the Leu (RON). Portugal uses the Euro, Senegal uses the West African CFA franc, and Sierra Leone uses the Leone.
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Sweden
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Somalia
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Ukraine
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Tuvalu
A
Correct answer
Explanation
Sweden's currency is the Krona (SEK). Somalia uses the Shilling, Ukraine uses the Hryvnia, and Tuvalu uses the Australian dollar.
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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.