General Awareness ยท 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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Shilling
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Somali Shilling
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Rand
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Metical
A
Correct answer
Explanation
Tanzania uses the Tanzanian shilling as its currency. It is subdivided into 100 cents and has been Tanzania's currency since the country replaced the East African shilling in 1966.
C
Correct answer
Explanation
Laos uses the Kip as its official currency. Dirham is used in several Middle Eastern countries like the UAE, Naira is Nigeria's currency, and Guilder was formerly used in the Netherlands.
D
Correct answer
Explanation
Myanmar's official currency is the Kyat. Rial is used in Iran and Yemen, Peso is used in several Latin American nations like Mexico and the Philippines, and Dinar is used in various Middle Eastern and North African countries.
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Guarani
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Inti Sol
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Escudo
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Leu
D
Correct answer
Explanation
Greece used the Drachma as its currency before adopting the Euro in 2001. Mark was Germany's currency, Franc was used in France and Switzerland, and Cedi is Ghana's current currency.
A
Correct answer
Explanation
Yemen's official currency is the Rial. Dong is Vietnam's currency, Kwacha is used in Zambia and Malawi, and Bolivar is Venezuela's currency.
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Denar
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Danish Krone
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Dollar
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Euro
B
Correct answer
Explanation
The Danish Krone is the official currency of Denmark and Greenland. While 'Dollar' and 'Euro' are also currencies, 'Danish Krone' is the specific answer provided here, likely matching a specific country-currency pair intended by the prompt.
A
Correct answer
Explanation
Albania uses the Lek (ALL) as its official currency, subdivided into 100 qindarka. The name derives from Alexander the Great. Other options are currencies of different regions: Dinar (Middle East), Yen (Japan), Won (Korea).
D
Correct answer
Explanation
Mauritius uses the Mauritian Rupee (MUR) as its official currency, like India and other South Asian nations. The other options are currencies of different regions: Dirham (Morocco/UAE), Kyat (Myanmar), Tugrik (Mongolia).
C
Correct answer
Explanation
Vietnam's official currency is the Vietnamese Dong (VND), one of the most devalued currencies in the world. Other options are currencies of different countries: Pound (UK), Dinar (Middle East), Won (South Korea). The Dong has been Vietnam's currency since 1978.
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Kwacha
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Guilder
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Krona
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Naira
C
Correct answer
Explanation
Sweden uses the Krona (plural: Kronor) as its official currency, abbreviated as SEK. The other options are currencies of different countries: Kwacha (Zambia and Malawi), Guilder (historical Dutch currency), and Naira (Nigeria). Sweden, while an EU member, has retained its own currency rather than adopting the Euro.
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Kwacha
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Zimbabwean Dollar
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Rial
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Lira
A
Correct answer
Explanation
Zambia's official currency is the Kwacha (ZMW), introduced in 1968. The other options belong to different nations: Zimbabwean Dollar (Zimbabwe, though abandoned due to hyperinflation), Rial (Iran), and Lira (Turkey, before switching to Turkish Lira). Zambia is a landlocked country in southern Africa.
D
Correct answer
Explanation
Romania uses the Leu (plural: Lei), which means 'lion' in Romanian. The currency code is RON. The other options are: Baht (Thailand), Kina (Papua New Guinea), and Rouble (Russia). Romania is an EU member but has not yet adopted the Euro.
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Escudo
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Peseta
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Colon
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Italian Lira