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 foreign languages

Italy

  1. Drachma

  2. Guilder

  3. Euro

  4. Lira
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Italy adopted the Euro in 2002, replacing its former currency, the Italian Lira. The Drachma was Greek and the Guilder was Dutch.

Multiple choice general knowledge

Dirham is the currency of

  1. Malta

  2. Moroco

  3. Iran

  4. Libya
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Moroccan dirham (MAD) is the official currency of Morocco, while dirham is also the currency of the United Arab Emirates (AED) and other Arab countries. Malta uses the euro, Iran uses the rial, and Libya uses the dinar.

Multiple choice general knowledge

Currency of United States of America?

  1. INR

  2. JPY

  3. SEK

  4. USD
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

USD (United States Dollar) is the official currency of the United States of America. INR is Indian Rupee, JPY is Japanese Yen, and SEK is Swedish Krona - all currencies of different countries.

Multiple choice general knowledge

What is Currency of Canada

  1. Canadian Dollars (CAD)

  2. Euro

  3. CLP

  4. ILS
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Canadian Dollars (CAD) is the official currency of Canada. Euro is used by European Union countries, CLP is Chilean Peso, and ILS is Israeli Shekel.

Multiple choice general knowledge

What is the Currency of Sweden?

  1. AUD

  2. ILS

  3. SEK

  4. Swedish Rupee
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

SEK (Swedish Krona) is the official currency of Sweden. AUD is Australian Dollar, ILS is Israeli Shekel, and Swedish Rupee is not a real currency.

Multiple choice general knowledge

Currency of Israel?

  1. PEK

  2. ILS

  3. CHF

  4. HKD
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

ILS (Israeli Shekel) is the official currency of Israel. PEK is not a standard currency code, CHF is Swiss Franc, and HKD is Hong Kong Dollar.

Multiple choice general knowledge

Currency of South Africa?

  1. ZAR

  2. ILS

  3. COP

  4. EUR
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

To answer this question, the user needs to have knowledge of world currencies.

The correct answer is A. ZAR, which stands for South African Rand.

Option B, ILS, stands for Israeli Shekel, and is therefore incorrect.

Option C, COP, stands for Colombian Peso, and is also incorrect.

Option D, EUR, stands for Euro, which is the currency used in many European countries, but not in South Africa. Therefore, option D is also incorrect.

The Answer is: A. ZAR

Multiple choice general knowledge

Currency of Switzerland?

  1. GBP

  2. HKD

  3. CHF

  4. INR
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

CHF (Swiss Franc) is the official currency of Switzerland. GBP is British Pound, HKD is Hong Kong Dollar, and INR is Indian Rupee.

Multiple choice general knowledge

What is Currency of Britain?

  1. GBP

  2. Euro

  3. CAD

  4. Dollar
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

GBP (Great British Pound) is the official currency of Britain (United Kingdom). Euro is used by most EU countries but not Britain, CAD is Canadian Dollar, and 'Dollar' is too generic.

Multiple choice general knowledge

Currency of Korea?

  1. Euro

  2. Korean Dollars

  3. Won

  4. Korean Rupee
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

South Korea uses the Won as its currency. Euro is European, 'Korean Dollars' is not a real currency, and 'Korean Rupee' is also incorrect.

Multiple choice general knowledge culture

Which is the currency of Kenya?

  1. Crown

  2. Penny

  3. Guinea

  4. Shilling
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Kenyan Shilling is the official currency of Kenya, denoted by the symbol 'KSh' or 'KES'. Crown is UK currency, Penny is a subunit, Guinea is former UK currency, and Baikal is a lake in Russia, not a currency.

Multiple choice general knowledge science & technology

What is the national currency of Malaysia?

  1. Ringgit

  2. Dollar

  3. Riyals

  4. Rupees
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Malaysian Ringgit (abbreviated as RM or MYR) is the official currency of Malaysia. It is divided into 100 sen and has been Malaysia's currency since 1967, replacing the Malaya and British Borneo dollar. The Ringgit is managed by Bank Negara Malaysia and the name means 'jagged' in Malay, referring to the serrated edges of earlier Spanish silver coins that circulated in the region.