Currencies of the World: There are 195 countries in the world that are recognised by the United Nations, and we can see different currencies in circulation in these countries. Not all currencies are the same; while some countries have strong currencies, some have weaker ones.
Take this GK quiz on currencies to learn about the world’s various currencies.
GK Questions with Answers on Currencies of the World
1. What is the currency of Malaysia?
a) Krona
b) Peso
c) Ringgit
d) Lira
Answer: c
Explanation: The main currency of Malaysia is the Ringgit. In addition to that, the Indian Rupee and the Brunei Dollar are also used.
2. Lek is the currency of which country?
a) Azerbaijan
b) Angola
c) Indonesia
d) Albania
Answer: d
Explanation: The Lek was introduced as the Albanian currency in 1926.
3. Lira was the former currency of which country?
a) Croatia
b) Nigeria
c) Italy
d) Portugal
Answer: c
Explanation: The Lira was used as the official currency of Italy and Malta, but after 2002, it was replaced by the Euro.
4. Euro is used as a currency in how many countries?
a) 21
b) 19
c) 17
d) 23
Answer: b
Explanation: Euro is used as currency in 19 countries of the European Union.
5. Among these countries, Euro is not used as a currency in which country?
a) Latvia
b) Luxembourg
c) Sweden
d) Spain
Answer: c
Explanation: Sweden does not use the Euro as the official currency; instead, it uses the Swedish Krona.
6. The currency of Argentina is?
a) Dollar
b) Kroon
c) Peso
d) Sol
Answer: c
Explanation: Argentine Peso is the currency of Argentina. The new Peso was introduced in 1992.
7. Which country has the strongest currency in the world?
a) US Dollar
b) Omani Real
c) Pound
d) Kuwaiti Dinar
Answer: d
Explanation: Kuwaiti Dinar is the strongest currency of the world and is also the most expensive.
8. Which country has the weakest currency in the world?
a) Indonesian Rupiah
b) Zimbabwe Dollar
c) Iranian Rial
d) Vietnamese Dong
Answer: d
Explanation: Iranian real is the weakest currency in the world. 1 US dollar equals 42,300 Iranian Rials.
9. What is the official currency of South Africa?
a) Rand
b) Dollar
c) Peso
d) Dinar
Answer: a
Explanation: The official currency of South Africa is the Rand.
10. Which currency is used in Egypt?
a) Dinar
b) Dirham
c) Pound
d) Rial
Answer: c
Explanation: The currency used in Egypt is the Egyptian Pound.
