General Awareness · 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

What is the currency of Iran?

  1. Kyat

  2. Deutsch Mark

  3. Zloty

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

The Iranian Rial (IRR) is the official currency of Iran. It is divided into 100 dinars, though dinars are rarely used due to inflation. Kyat is Myanmar's currency, Deutsche Mark was Germany's pre-Euro currency, and Zloty is Poland's currency.

Multiple choice

What is the currency of Poland ?

  1. Zloty

  2. Krone

  3. Rupee

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

The Polish Zloty (PLN) is the official currency of Poland. Despite Poland being a member of the European Union, it has not adopted the Euro and continues to use the Zloty, which is divided into 100 groszy. Krone is used by Scandinavian countries, Rupee by India, and Yuan by China.

Multiple choice

What is the currency of Denmark?

  1. Koruna

  2. Krone

  3. Dollar

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

Denmark's official currency is the Danish Krone (DKK), not to be confused with the similar Swedish Krona. Denmark maintains its own currency despite being part of the EU, having opted out of the Eurozone.

Multiple choice

What is the currency of Japan ?

  1. Dinar

  2. Euro

  3. Yen

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

Japan's official currency is the Japanese Yen (JPY), one of the most traded currencies in the global foreign exchange market. It has been Japan's sole currency since the Meiji Restoration in the 1870s.

Multiple choice

What is the currency of Sweden ?

  1. Krona

  2. Lira

  3. Dollar

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

Sweden's official currency is the Swedish Krona (SEK), meaning 'crown' in Swedish. Despite being an EU member, Sweden voted against adopting the Euro in a 2003 referendum and retains the Krona.

Multiple choice

What is the currency of U.S.A ?

  1. Dollar

  2. Pound

  3. Rupee

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

The United States dollar (USD) is the official currency of the USA and serves as the world's primary reserve currency. It was established by the Coinage Act of 1792 and has been the sole currency since the early 19th century.

Multiple choice

What is the currency of Britain ?

  1. Yuan

  2. Pound(Sterling)

  3. Rial

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

Britain's official currency is the Pound Sterling (GBP), one of the world's oldest currencies still in use. The UK retains the Pound despite being a former EU member, having never adopted the Euro.

Multiple choice

What is the currency of Indonesia ?

  1. Rupiah

  2. Dianar

  3. Euro

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

Indonesia's official currency is the Rupiah (IDR), derived from the Sanskrit word for 'silver' (rupya). It has been Indonesia's currency since independence from Dutch colonial rule, replacing the Dutch East Indies gulden.