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

Multiple choice
  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.

Multiple choice
  1. Rupee

  2. Dollar

  3. Dinar

  4. Yen

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

India's official currency is the Indian Rupee (INR), controlled by the Reserve Bank of India. The Rupee has ancient origins, dating back over 2,000 years, and was decimalized in 1957.

Multiple choice
  1. Rupee

  2. Dollar

  3. Pound

  4. Lira

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Australia's official currency is the Australian Dollar (AUD), introduced in 1966 to replace the Australian Pound. It is one of the most traded currencies globally and is often called the 'Aussie' in forex markets.

Multiple choice
  1. Rial

  2. Pound

  3. Taka

  4. Peseta

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Bangladesh's official currency is the Taka (BDT), introduced in 1972 after independence from Pakistan. It replaced the Pakistani Rupee and is issued by the central bank, Bangladesh Bank.

Multiple choice
  1. A - 4, B - 3, C - 2, D - 1

  2. A - 1, B - 2, C - 3, D - 4

  3. A - 2, B - 1, C - 3, D - 4

  4. A - 2, B - 1, C - 4, D - 3

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Spain used the Peseta before adopting the Euro, Russia uses the Rouble, Thailand uses the Baht, and Malaysia uses the Ringgit. The correct matching is A-2, B-1, C-3, D-4. These currencies are specific to their respective countries' economic systems.

Multiple choice
  1. Afghanistan

  2. Iraq

  3. North Korea

  4. Saudi Arabia

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Won (Korean: 원, symbol: ₩) is the official currency of both North Korea and South Korea. While the question asks specifically about North Korea, both countries use currencies named Won. Options A, B, and D are incorrect as Afghanistan uses Afghani, Iraq uses Iraqi Dinar, and Saudi Arabia uses Saudi Riyal.

Multiple choice
  1. Taka

  2. Afghani

  3. Pula

  4. Franc CFA

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The currency of Bangladesh is the Taka (currency code: BDT). One Taka is subdivided into 100 Poisha. Afghani is Afghanistan's currency. Pula is Botswana's currency. Franc CFA is used in West and Central African countries.

Multiple choice
  1. Som

  2. Riyal

  3. US Dollar

  4. Euro

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Som is the official currency of Uzbekistan. The Uzbekistan Som (UZS) replaced the Soviet ruble in 1994. Riyal is used in Middle Eastern countries, while USD and Euro are not Uzbekistan's currency.