World Currency Questions and Answers

Answer: C

It is the Kuwaiti dinar.

The Kuwaiti dinar is the highest-valued currency unit in the world, worth over three US dollars, and is divided into 1,000 fils. It is pegged to a basket of currencies rather than to the dollar alone.

Answer: A

It is the euro.

Latvia adopted the euro in 2014, replacing the lats. The lats had been reintroduced in 1993 after independence, restoring the currency of the inter-war republic.

Answer: B

It is the Liberian dollar.

Liberia was founded by freed American slaves and used the US dollar for much of its history; the Liberian dollar became the main circulating currency in 1982, though the US dollar remains legal tender alongside it.

Answer: A

It is the Libyan dinar.

The dinar replaced the Libyan pound in 1971 and is divided into 1,000 dirhams. Rival central banks in Tripoli and the east issued separate notes during the years of divided government.

Answer: C

It is the Macanese pataca.

The pataca has been issued since 1894 and survived Macau's return to China in 1999 under the one country, two systems arrangement. It is pegged to the Hong Kong dollar, which itself circulates widely there.

Answer: A

It is the Malagasy ariary.

The ariary replaced the Malagasy franc in 2005 and is one of only two circulating currencies in the world not based on tenths - it divides into five iraimbilanja, from an older weight system.

Answer: C

It is the Malaysian ringgit.

Ringgit means jagged in Malay, describing the milled edges of the Spanish silver dollars that circulated in the region. The currency was called the Malaysian dollar in English until 1975.

Answer: B

It is the Maldivian rufiyaa.

The rufiyaa shares its root with the rupee, from the Sanskrit rupya. It is divided into 100 laari, and the country's earlier currency was the cowrie shell, exported from the Maldives across the Indian Ocean.

Answer: C

It is the Mexican peso.

The Spanish silver peso struck in Mexico was the first true global currency, circulating from China to North America, and the dollar sign itself derives from its mark. The modern peso was redenominated in 1993 at a thousand to one.

Answer: A

It is the Mongolian tugrik.

The tugrik was introduced in 1925, replacing a mixture of Chinese and Russian money and even tea bricks. The word means circle or disc.