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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Rouble
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Euro
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Koruny
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Emalangeni
C
Correct answer
Explanation
The Slovak koruna (koruny) was Slovakia's currency until 2009 when Slovakia adopted the euro. The question likely refers to the historical currency. Russia uses rouble and emalangeni is Eswatini's currency.
D
Correct answer
Explanation
The Samoan tala (WST) is the official currency of Western Samoa (now Samoa). Dirham is used in Arab countries, lira was Italy's/Turkey's currency, and baisha is not a recognized currency.
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Dinar
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Dirham
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Dollar
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New Euro
A
Correct answer
Explanation
The Tunisian dinar (TND) is Tunisia's official currency. Dirham is used in Morocco and UAE, and New Euro is not a real currency name.
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Argentina
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Austria
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Bangladesh
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None of these
C
Correct answer
Explanation
Bangladesh uses the Taka as its official currency. Argentina uses the Peso, and Austria uses the Euro (as part of the European Union).
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Britain
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Denmark
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Sweden
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Austria
D
Correct answer
Explanation
Austria is a member of the European Union and adopted the Euro as its currency when it joined the Eurozone in 1999 (physical currency introduced in 2002). Britain (UK) used the Pound Sterling and has now left the EU, Denmark uses the Krone and has an opt-out from the Euro, and Sweden uses the Krona and has not adopted the Euro despite being an EU member.
B
Correct answer
Explanation
The peso is the official currency of Cuba. Egypt uses the Egyptian pound, Fiji uses the Fijian dollar, and Italy uses the euro (previously the lira). The peso is also used by several Latin American countries including Mexico, Argentina, and Colombia.
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Japan
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Ecuador
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Germany
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Singapore
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Italy
B
Correct answer
Explanation
Ecuador is on track to become the world’s first nation to create its own digital currency and would begin distributing the yet-to-be-named currency in December 2014
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Pakistan
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Zimbabwe
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USA
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The UK
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None of these
B
Correct answer
Explanation
Yes, it is a correct choice. Indian currency is to be a legal tender in Zimbabwe.
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France
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Iceland
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Ghana
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None of these
A
Correct answer
Explanation
France is a founding member of the European Union and uses the Euro as its official currency since 2002, when it replaced the French Franc. Iceland uses the Icelandic Krona, Ghana uses the Ghanaian Cedi, and neither country uses the Euro as their currency.
C
Correct answer
Explanation
The Euro (€) is the official currency of the European Union, used by 19 of the 27 EU member countries in the Eurozone. Mark was the German currency before Euro, Kroner is used in Scandinavian countries (Denmark, Norway), and Rouble is the Russian currency.
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Dollar
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Franc CFA
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Marka
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Pound
B
Correct answer
Explanation
Benin, like several other West African nations, uses the West African CFA Franc (Franc CFA) as its official currency. This currency is shared by countries in the West African Economic and Monetary Union (UEMOA). The Dollar, Marka, and Pound are not currencies used in Benin.
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US Dollar
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Estomian
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Yen
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Ruble
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Escudo
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Yuan
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Peso
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Colombian
C
Correct answer
Explanation
The official currency of Colombia is the Colombian peso. Among the choices, Peso directly names the correct monetary unit used in the country.
C
Correct answer
Explanation
Bulgaria's official currency is the Lev, divided into 100 stotinki. Despite being an EU member, Bulgaria has not yet adopted the Euro and maintains its national currency.