34 Currency Trivia Questions and Answers

34 questions, every one with the answer, a short explanation, and where it comes from.

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Currency questions and answers

1. What is the official currency of Thailand?

   baht

   The name originally referred to a unit of weight used for weighing silver, and one baht still divides into 100 satang. Thailand let the currency float in 1997 after its peg to the US dollar collapsed, a move that touched off the wider Asian financial crisis.

   Source: Bank of Thailand

2. What is the official currency of the United Arab Emirates?

   dirham

   The UAE dirham has been pegged to the US dollar since 1997, at a fixed rate of about 3.67 dirhams per dollar. The word itself descends from the ancient Greek drachma, borrowed into Arabic long before the UAE existed as a country.

   Source: ISO 4217; Central Bank of the UAE

3. What is the official currency of Australia?

   dollar

   Australia's official currency is the dollar.

   Source: ISO 4217; Reserve Bank of Australia

4. What is the official currency of Canada?

   dollar

   Canada's official currency is the dollar.

   Source: ISO 4217; Bank of Canada

5. What is the official currency of New Zealand?

   Dollar

   New Zealand switched from pounds, shillings and pence to the decimal New Zealand dollar in 1967. Its one-dollar coin features a kiwi bird, the same nickname currency traders use for the money itself.

   Source: ISO 4217; Reserve Bank of New Zealand

6. What is the official currency of Vietnam?

   dong

   Vietnam's official currency is the dong.

   Source: State Bank of Vietnam

7. What is the official currency of Germany?

   euro

   Germany's official currency is the euro.

   Source: ISO 4217; Deutsche Bundesbank

8. What is the official currency of Hungary?

   forint

   Hungary uses the forint, introduced in 1946 to replace a currency wiped out by the worst hyperinflation ever recorded. Its name comes from Florence, where gold florins were struck in the Middle Ages.

   Source: Hungarian National Bank

9. What is the official currency of Switzerland?

   franc

   Switzerland's official currency is the franc.

   Source: ISO 4217; Swiss National Bank

10. What is the official currency of Sweden?

    Krona

    Sweden uses the krona, plural kronor. It joined the European Union in 1995 but voted against adopting the euro in a 2003 referendum and has kept its own currency since.

    Source: Sveriges Riksbank

11. What is the official currency of Norway?

    Krone

    Norway uses the krone, plural kroner, issued by Norges Bank. Norwegians have voted against joining the European Union twice, in 1972 and 1994, and the krone has never been replaced.

    Source: Norges Bank

12. What is the official currency of Turkey?

    lira

    Turkey's official currency is the lira.

    Source: Central Bank of the Republic of Türkiye

13. What is the official currency of the United Kingdom?

    British pound sterling

    The official currency of the United Kingdom is the British pound sterling, symbolized by £. One pound is divided into 100 pence.

    Source: UK government currency reference

14. What is the official currency of Mexico?

    peso

    Mexico's official currency is the peso.

    Source: Bank of Mexico

15. What is the official currency of South Africa?

    The rand

    The name comes from the Witwatersrand, the ridge in Gauteng where the gold that built Johannesburg was mined. It replaced the South African pound in 1961, when the currency was decimalized into 100 cents rather than shillings and pence.

    Source: South African Reserve Bank

16. What is the official currency of Brazil?

    real

    Its plural is reais, and the word means 'royal' in Portuguese, echoing a colonial-era coin of the same name. The current real was introduced in July 1994 under the Plano Real, when annual inflation was running at close to 5,000 percent.

    Source: Central Bank of Brazil

17. What is the official currency of China?

    renminbi

    China's official currency is the renminbi, whose main unit is the yuan.

    Source: ISO 4217; People's Bank of China

18. What is the official currency of Saudi Arabia?

    riyal

    Saudi Arabia's official currency is the riyal.

    Source: ISO 4217; Saudi Central Bank

19. What is the official currency of Russia?

    ruble

    Russia's official currency is the ruble.

    Source: Bank of Russia

20. What is the official currency of India?

    rupee

    India's official currency is the rupee.

    Source: Reserve Bank of India

21. What is the official currency of Indonesia?

    rupiah

    Indonesia's official currency is the rupiah.

    Source: ISO 4217; Bank Indonesia

22. What is the official currency of Israel?

    shekel

    Israel's official currency is the shekel.

    Source: Bank of Israel

23. What is the currency of Ethiopia?

    The birr

    Birr means 'silver' in Amharic. Ethiopia also runs its own calendar, which is seven to eight years behind the Gregorian one.

    Source: National Bank of Ethiopia

24. What is the currency of Ghana?

    The cedi

    Cedi comes from the Akan word for cowrie shell, which served as money along the West African coast for centuries.

    Source: Bank of Ghana

25. What is the currency of Ukraine?

    The hryvnia

    The hryvnia takes its name from a medieval unit of weight used in Kyivan Rus, and replaced the karbovanets in 1996.

    Source: National Bank of Ukraine

26. What is the currency of the Czech Republic?

    The koruna

    Koruna means 'crown', the same root as the Scandinavian krona and krone.

    Source: Czech National Bank

27. What is the currency of Iceland?

    The krona

    Iceland kept its krona rather than joining the euro, and is not a member of the European Union.

    Source: Central Bank of Iceland

28. What is the currency of Nigeria?

    The naira

    The naira replaced the Nigerian pound in 1973, and its name is a contraction of 'Nigeria'.

    Source: Central Bank of Nigeria

29. What is the currency of Malaysia?

    The ringgit

    Ringgit means 'jagged' in Malay, describing the milled edges of the Spanish silver dollars that once circulated in the region.

    Source: Bank Negara Malaysia

30. What is the currency of Kenya?

    The shilling

    Kenya, Tanzania, Uganda and Somalia all use a shilling, a legacy of British East African currency.

    Source: Central Bank of Kenya

31. What is the currency of Peru?

    The sol

    Sol means 'sun', a reference to Inti, the Inca sun god.

    Source: Banco Central de Reserva del Peru

32. What is the official currency of South Korea?

    won

    South Korea's official currency is the won.

    Source: Bank of Korea

33. What is the official currency of Japan?

    yen

    Japan's official currency is the yen.

    Source: Bank of Japan

34. What is the official currency of Poland?

    zloty

    Poland's official currency is the zloty.

    Source: National Bank of Poland

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