Q 01/05
A) Japan
B) China
C) South Korea
D) Thailand
Answer · why
It became the modern unit in 1871 and is the third most traded currency after the US dollar and the euro.
Q 02/05
A) Most traded in the world
B) Oldest still in continuous use
C) Highest-valued unit in the world
D) First to go fully decimal
Answer · why
Its name goes back to the medieval silver penny, 240 of which made a 'pound of sterlings'.
Q 03/05
A) 50
B) 100
C) 144
D) 240
Answer · why
Before decimalisation there were 240 pence to the pound, twelve to a shilling and twenty shillings to a pound.
Q 04/05
A) 1 January 1999
B) 1 January 2002
C) 1 July 2000
D) 25 March 2004
Answer · why
The currency had existed only on paper and in bank accounts for three years before that; by March 2002 the old national money was gone.
Q 05/05
A) Brussels
B) Maastricht
C) Madrid
D) Rome
Answer · why
It replaced the working name Ecu, on the suggestion of German finance minister Theo Waigel.
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