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
B
Correct answer
Explanation
Denmark uses the Krone (plural: Kroner), with currency code DKK. Despite being an EU member, Denmark has retained its own currency and not adopted the Euro. The distractors are: Birr (Ethiopia), Cedi (Ghana), and Mark (Germany's pre-Euro currency). Denmark is a Scandinavian country that opted out of the Eurozone.
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Schilling
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Franc
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Australian Dollar
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Lev
D
Correct answer
Explanation
Chile's official currency is the Peso (CLP), a common currency name in Latin American countries. The other options are: Dinar (used in several Middle Eastern and North African countries like Iraq, Jordan, Algeria), Pound (UK, Egypt, etc.), and Dollar (USA, Australia, Canada). Chile is located in South America and uses Peso as its monetary unit.
C
Correct answer
Explanation
Bangladesh's currency is the Taka (BDT), adopted in 1972 after independence. The other options are: Pound (United Kingdom), Dinar (Middle Eastern countries), and Rupee (India, Pakistan, Sri Lanka, Nepal). Bangladesh is a South Asian nation located on the eastern border of India.
B
Correct answer
Explanation
The official currency of the United Kingdom is the pound sterling (£). While 'pence' (p) is related to UK currency, it's actually a subunit of the pound (100 pence = 1 pound), not the currency name itself.
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Money
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Currency
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Water
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Salt
D
Correct answer
Explanation
The word 'salary' does indeed come from 'salt.' In ancient Rome, soldiers were sometimes paid in salt or given an allowance to purchase salt (salarium), which was valuable for food preservation. This Latin root evolved into the modern word 'salary.' Money and currency are too generic; water is unrelated.
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Pakistan
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SriLanka
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Japan
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China
C
Correct answer
Explanation
JPY is the ISO 4217 currency code for the Japanese Yen, the official currency of Japan. Pakistan uses PKR (Pakistani Rupee), Sri Lanka uses LKR (Sri Lankan Rupee), and China uses CNY (Chinese Yuan/Renminbi). Currency codes are standardized internationally for financial transactions.
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Chile, Pesos
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Costa Rica, Colon
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Croatia, Kuna
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Ghana, Cedis
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Latvia, Lati
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Nicaragua, Cordobas
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Israel, New Shekels
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Nigeria, Nairas
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Guatemala, Quetzales
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Qatar, Rials
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Macedonia, Denars
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Oman, Rials
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Italy, Euro
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Japan, Yen
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Latvia, Lati
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India, Rupees
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Iran, Rials
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Afghanistan, Afghanis
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Saudi Arabia, Riyals
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Ukraine, Hryvnia
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Korea, Won
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Norway, Krone
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Vietnam, Dong
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Sweden, Kronor
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Deutsche Mark
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Lira
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Escudo
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Euro
D
Correct answer
Explanation
Greece adopted the Euro in 2002, replacing its former currency, the Greek Drachma. The Deutsche Mark was German currency, Lira was Italian (and Turkish), and Escudo was Portuguese.
C
Correct answer
Explanation
South Korea's currency is the Won (KRW). The Yen is Japan's currency, the Yuan is China's currency, and the Rand is South Africa's currency.