World Currency Questions and Answers

Answer: C

The currency of Britain is the pound, the pound sterling.

The pound sterling is the currency of the United Kingdom and is divided into 100 pence. It is issued by the Bank of England and is one of the oldest currencies still in use. Britain kept the pound and never adopted the euro, even while it was a member of the European Union.

The dollar is the currency of the United States and several other countries, the taka is the currency of Bangladesh, and the rupee is the currency of India (and, under the same name, of Pakistan, Nepal and Sri Lanka).

Answer: C

The ringgit is the currency of Malaysia.

The Malaysian ringgit (symbol RM) replaced the Malaysian dollar in name in the 1970s. The word means 'jagged' in Malay, after the serrated edges of the Spanish silver dollars once used in the region.

Thailand uses the baht and Vietnam the dong. Zimbabwe abandoned its own dollar in 2009 and has used foreign currencies and later a new local currency, but never the ringgit.

Answer: C

It is the Somali shilling.

The shilling has had no functioning central bank behind it for much of the period since 1991, and privately printed notes circulated by common consent. Mobile money now carries most transactions in the country.

Answer: B

It is the euro.

Estonia adopted the euro in 2011, the first of the Baltic states to do so, replacing the kroon, which had itself been pegged first to the Deutsche Mark and then to the euro.

Answer: C

It is the Venezuelan bolivar.

Named after Simon Bolivar, it has been redenominated three times since 2008, most recently in 2021 when a million bolivars became one - a cumulative removal of fourteen zeros.

Answer: C

It is Kuwait City.

Kuwait City stands at the head of Kuwait Bay on the Persian Gulf and holds most of the country's population. Nearly all Kuwaitis live in the metropolitan area.

Answer: C

It is the dollar.

The Brunei dollar is interchangeable at par with the Singapore dollar under a currency agreement dating from 1967, and each is accepted as customary tender in the other country.

Answer: C

It is the Ukrainian hryvnia.

The hryvnia replaced the karbovanets in 1996, taking its name from a medieval weight of silver used in Kyivan Rus. It was fixed against the dollar in 2022 and later allowed to float within a band.

Answer: B

It is the Cambodian riel.

The riel returned in 1980 after the Khmer Rouge had abolished money altogether and blown up the central bank. The US dollar circulates widely alongside it, and small change is usually given in riel.

Answer: D

It is the euro.

Austria was among the first eleven countries to adopt the euro in 1999, replacing the schilling, which had circulated since 1925 apart from the years of German annexation.