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World Currencies Quiz – Printable Version

20 multiple-choice questions with an explained answer key, ready to print.

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  1. What is the official currency of the United Kingdom?
    • A. Dollar
    • B. Euro
    • C. Krona
    • D. Pound sterling
  2. Which country uses the rand as its official currency?
    • A. Kenya
    • B. Nigeria
    • C. Zambia
    • D. South Africa
  3. What is the name of Turkey's official currency?
    • A. Turkish lira
    • B. Riyal
    • C. Dinar
    • D. Dirham
  4. What is the name of Ghana's official currency?
    • A. Cedi
    • B. CFA franc
    • C. Naira
    • D. Kwacha
  5. Which currency is legal tender in the Vatican, even though it is not an EU member?
    • A. Ecu
    • B. Lira
    • C. Vatican franc
    • D. Euro
  6. What symbol appears on the French side of 1 and 2 euro coins?
    • A. The Sower
    • B. Marianne
    • C. The Gallic rooster
    • D. A stylised tree
  7. What nickname is given to the US dollar, after the colour of its banknotes?
    • A. Blue chip
    • B. Silver buck
    • C. Greenback
    • D. Golden eagle
  8. On what occasion was the very first 'franc' minted in France, in 1360?
    • A. To celebrate Charles V's coronation
    • B. To pay the ransom of King John the Good, a prisoner of the English
    • C. To replace Louis IX's écu
    • D. To finance a crusade
  9. Which country holds the record for the worst hyperinflation in history, in 1946, with prices doubling roughly every 15 hours?
    • A. Hungary
    • B. Germany
    • C. Zimbabwe
    • D. Venezuela
  10. Who appears on the US $100 bill, despite never having been president?
    • A. Alexander Hamilton
    • B. Thomas Edison
    • C. Martin Luther King
    • D. Benjamin Franklin
  11. Guatemala's currency is named after which emblematic bird?
    • A. Quetzal
    • B. Condor
    • C. Toucan
    • D. Macaw
  12. Which territory uses the euro without being a member of the EU or the euro area?
    • A. Montenegro
    • B. Serbia
    • C. Albania
    • D. North Macedonia
  13. Why can euro coins look different depending on the issuing country?
    • A. One side is national
    • B. Each country changes their value
    • C. The metal varies by country
    • D. Only French coins are standardised
  14. Which country used the guilder before the euro?
    • A. Netherlands
    • B. Ireland
    • C. Finland
    • D. Portugal
  15. Historically, what does the Spanish word “peso” mean?
    • A. Weight
    • B. Crown
    • C. Gold
    • D. Trade
  16. Which symbol represents pound sterling?
    • A. £
    • B. ₤
    • C. €
    • D. ₣
  17. The name of Ghana's cedi is historically linked to what object once used as money?
    • A. Cowrie shell
    • B. Ostrich feather
    • C. Glass bead
    • D. Copper ingot
  18. Are the Central African and West African CFA francs exactly the same currency?
    • A. No, they are distinct currencies at the same parity
    • B. Yes, fully interchangeable everywhere
    • C. No, one is worth twice the other
    • D. Yes, but only since 2002
  19. What surprising feature of Yap's rai stones shows that money can be a social convention?
    • A. Ownership can change without moving the stone
    • B. They melt after a year
    • C. They are all identical
    • D. Only chiefs may own them
  20. Is Bitcoin legal tender in most countries?
    • A. No
    • B. Yes, in every G20 country
    • C. Yes, since 2020
    • D. Only on weekends

Answer key — World Currencies Quiz

  1. D. Pound sterlingThe pound sterling is the oldest currency still in use today, in circulation for over 1,200 years.
  2. D. South AfricaThe South African rand, introduced in 1961, takes its name from the Witwatersrand, the country's gold-mining region.
  3. A. Turkish liraThe Turkish lira underwent a reform in 2005 that removed six zeros to fight inflation.
  4. A. CediThe word "cedi" comes from the Akan term for cowrie shells, once used as a medium of exchange.
  5. D. EuroA special monetary agreement with the European Union allows the Vatican to use, and even mint, the euro.
  6. D. A stylised treeThe tree symbolises life, continuity and growth, surrounded by the motto 'Liberty, Equality, Fraternity'.
  7. C. GreenbackThe green backs date from the Civil War in 1861: green ink was harder to counterfeit.
  8. B. To pay the ransom of King John the Good, a prisoner of the EnglishThe gold coin showed the king on horseback with the words 'king of the Franks'.
  9. A. HungaryThe pengő collapsed so badly that a 100 quintillion (10²⁰) note was issued.
  10. D. Benjamin FranklinInventor of the lightning rod, diplomat and signatory of the Declaration of Independence, he is one of the Founding Fathers.
  11. A. QuetzalThe quetzal is both Guatemala's currency and an emblematic Mesoamerican bird.
  12. A. MontenegroMontenegro uses the euro unilaterally without being institutionally part of the EU or euro area.
  13. A. One side is nationalEuro coins have a common European side and a national side, while remaining usable throughout the euro area.
  14. A. NetherlandsThe Dutch guilder, gulden in Dutch, was replaced by the euro.
  15. A. Weight“Peso” literally means “weight” in Spanish, reflecting the historic link between money and weighed metal.
  16. A. £The £ sign derives from a stylised L linked to the Latin libra, an old unit of weight.
  17. A. Cowrie shellThe word cedi derives from an Akan term for cowrie shells, once widely used as a medium of exchange.
  18. A. No, they are distinct currencies at the same parityThey have the same euro parity but are issued by different central banks and are legally distinct.
  19. A. Ownership can change without moving the stoneThe community can recognise a new owner even while a huge rai stone stays in place.
  20. A. NoBitcoin may be traded or accepted in many places, but that does not make it legal tender in most states.

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