Currencies and Exchange Rates

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.

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.

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

Yes, it is a correct choice. Indian currency is to be a legal tender in Zimbabwe. 

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.

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.

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.

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.

Guatemala's official currency is the Quetzal, named after the national bird. The Cedi is Ghana's currency, Yen is Japanese, and 'East' is not a valid currency.

Japan's official currency is the Yen, one of the most traded currencies globally. The Lev (Bulgaria), Lek (Albania), and 'USA' (incorrect phrasing for US Dollar) are distractors.

Mali uses the West African CFA Franc, a currency shared by several West African nations. The Rial (Middle Eastern), Euro (European), and Litas (Lithuanian, now replaced by Euro) are incorrect for Mali.