Q 01/05

Which country's currency is the yen?

A) Japan

B) China

C) South Korea

D) Thailand

Answer · why

A) Japan

The yen is Japan's currency, adopted in 1871 to replace the feudal-era coinage and originally divided into 100 sen.

Q 02/05

Sterling, the money of the United Kingdom, holds which record?

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

B) Oldest still in continuous use

Its name goes back to the medieval silver penny, 240 of which made a 'pound of sterlings'.

Q 03/05

Since 1971 the pound has been divided into how many pence?

A) 50

B) 100

C) 144

D) 240

Answer · why

B) 100

Before decimalisation there were 240 pence to the pound, twelve to a shilling and twenty shillings to a pound.

Q 04/05

Physical euro coins and banknotes first entered circulation on what date?

A) 1 January 1999

B) 1 January 2002

C) 1 July 2000

D) 25 March 2004

Answer · why

B) 1 January 2002

Euro notes and coins entered circulation on 1 January 2002, three years after the currency launched electronically in 1999; national cash was withdraw...

Q 05/05

The name 'euro' was officially adopted in December 1995 at a summit in which city?

A) Brussels

B) Maastricht

C) Madrid

D) Rome

Answer · why

C) Madrid

The Madrid European Council of December 1995 chose the name 'euro' over the working name ECU, at the suggestion of German finance minister Theo Waigel...