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 Vietnamese dong.

The dong takes its name from the copper coins of the old currency. It is among the least valuable units in the world, so prices run into millions and a 500,000-dong note is the largest in circulation.

Answer: A

It is the United States dollar.

Zimbabwe abandoned its own dollar in 2009 after hyperinflation that reached the point of a hundred-trillion-dollar note, and adopted a basket of foreign currencies with the US dollar dominant. Later national units, including the ZiG of 2024, circulate alongside it.

Answer: D

It is the euro.

Vatican City uses the euro under a monetary agreement with the European Union, though it is not a member state, and mints a small quota of its own euro coins bearing the Pope's effigy. They are prized by collectors and rarely circulate.

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: D

It is the Afghan afghani.

The afghani was introduced in 1925 in place of the rupee, and is divided into 100 pul. It was reissued in 2002 at a rate of 1,000 old to one new.

Answer: B

It is the dinar.

The Algerian dinar replaced the franc in 1964, two years after independence. The name descends from the Roman denarius through the Arabic dinar, and is used across much of North Africa and the Middle East.

Answer: A

It is the lek.

The Albanian lek is named after Alexander the Great, Leka i Madh in Albanian, and was introduced in 1926. It is divided into 100 qindarka.

Answer: B

It is the Saudi riyal.

The riyal has been pegged to the US dollar at 3.75 since 1986, which is why Saudi domestic prices move with the dollar rather than with the oil price. It is divided into 100 halalas.