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
-
pakistani ryal
-
Rupee
-
dinar
-
shillong
B
Correct answer
Explanation
The official currency of Pakistan is the Pakistani Rupee, abbreviated as PKR. It has been Pakistan's currency since the country's independence in 1947, replacing the Indian Rupee.
-
Ngultrum
-
rupee
-
bhutani
-
rial
A
Correct answer
Explanation
The official currency of Bhutan is the Ngultrum, abbreviated as BTN. The Ngultrum is pegged to the Indian Rupee at par, and both currencies are accepted in Bhutan.
-
South Korean lusuka
-
South Korean kian
-
South Korean dollar
-
South Korean Won
D
Correct answer
Explanation
Seoul is the capital of South Korea, and the currency used there is the South Korean Won, abbreviated as KRW. The won has been Korea's currency since 1945, divided into 100 jeon.
-
Indonesian iyal
-
Indonesian Rupiah
-
Indonesian dollar
-
Indonesian inar
B
Correct answer
Explanation
The official currency of Indonesia is the Indonesian Rupiah, abbreviated as IDR. It has been Indonesia's currency since independence in 1949, replacing the Netherlands Indies gulden.
-
Qatari Dinar
-
Qatari Rial
-
Qatari dollar
-
Qatari riyank
B
Correct answer
Explanation
The official currency of Qatar is the Qatari Riyal, abbreviated as QAR. It has been Qatar's currency since 1966, replacing the Indian Rupee. One riyal is divided into 100 dirhams.
B
Correct answer
Explanation
The official currency of the Philippines is the Philippine Peso, abbreviated as PHP. It has been the country's currency since 1852, making it one of the oldest currencies in Asia.
-
dahram
-
Danish Krone
-
dollar
-
euro
B
Correct answer
Explanation
Greenland, an autonomous territory within the Kingdom of Denmark, uses the Danish Krone as its official currency. This is consistent with Greenland's political relationship with Denmark. The other options are incorrect: 'dahram' appears to be a misspelling, while dollar and euro are currencies used by other countries/regions.
-
dahram
-
Danish Krone
-
dollar
-
euro
B
Correct answer
Explanation
Greenland, an autonomous territory within the Kingdom of Denmark, uses the Danish Krone as its official currency. This is consistent with Greenland's political relationship with Denmark. The other options are incorrect: 'dahram' appears to be a misspelling, while dollar and euro are currencies used by other countries/regions.
-
Franc
-
Dollar
-
Real
-
Kronor
-
Rand
B
Correct answer
Explanation
Australia uses the Australian Dollar (AUD) as its official currency. The Dollar is correct among these options. Franc is used in Switzerland, Real in Brazil, Kronor in Scandinavian countries like Denmark and Sweden, and Rand in South Africa.
-
Franc
-
Dollar
-
Real
-
Kronor
-
Rand
D
Correct answer
Explanation
Denmark uses the Danish Krone (plural: kroner), and 'Kronor' is the Swedish spelling of the same currency name. While the spelling differs from Danish, this is the correct currency for Denmark among the given options. Denmark, along with Sweden, uses krone/kronor rather than the euro.
-
Franc
-
Dollar
-
Real
-
Kronor
-
Rand
E
Correct answer
Explanation
South Africa uses the South African Rand (ZAR) as its official currency. The Rand is the correct answer. Franc is Swiss, Dollar is used by multiple countries including Australia and the US, Real is Brazilian, and Kronor is Scandinavian.
-
Franc
-
Dollar
-
Real
-
Kronor
-
Rand
A
Correct answer
Explanation
Switzerland uses the Swiss Franc (CHF) as its official currency. Switzerland is one of the few countries that still uses the franc. The Franc is correct among these options. Dollar, Real, Kronor, and Rand are used by different countries.
-
Franc
-
Dollar
-
Real
-
Kronor
-
Rand
C
Correct answer
Explanation
Brazil uses the Brazilian Real (BRL) as its official currency. The Real is the correct answer among these options. Franc is Swiss, Dollar is used by multiple countries, Kronor is Scandinavian, and Rand is South African.
-
Dollar
-
Yen
-
Ringgit
-
Baht
-
Rupee
C
Correct answer
Explanation
Malaysia uses the Malaysian Ringgit (RM or MYR) as its official currency. The Ringgit is the correct answer among these options. Dollar is used by multiple countries including Singapore and Australia, Yen is Japanese, Baht is Thai, and Rupee is used by India and other South Asian countries.
-
Dollar
-
Yen
-
Ringgit
-
Baht
-
Rupee
A
Correct answer
Explanation
Singapore uses the Singapore Dollar (SGD) as its official currency. The Dollar is the correct answer among these options. Yen is Japanese, Ringgit is Malaysian, Baht is Thai, and Rupee is used by India and other South Asian countries.