South Africa Currency and Tourism Quiz

The currency used in South Africa is the:

• Dollar

• Rand

• Pound

• Euro

The exchange rate refers to:

• The value of one currency compared to another

• The cost of goods in a store

• The number of tourists in a country

• The GDP of a country

A weak rand makes South Africa:

• Expensive for international tourists

• Cheaper for international tourists

• The same price for all tourists

• Unattractive to visitors

A strong rand benefits:

• South Africans travelling abroad

• International tourists visiting South Africa

• Local taxi operators

• Exchange bureaus

Which world event in 2001 led to a weaker rand?

• Soccer World Cup

• 9/11 terrorist attacks

• South African elections

• Tsunami in Asia

Which of these is a major currency?

• Yen

• Rand

• Namibian Dollar

• Mozambican Metical

The rand is classified as a:

• Major currency

• Minor currency

• European currency

• Global standard

Tourists can exchange their foreign currency at:

• Only airports

• Only banks

• Banks, hotels, airports, and exchange bureaus

• Only tourist attractions

A South African exchanging rands for dollars will use the bank’s:

• Buying rate

• Selling rate

• Interest rate

• Lending rate

The selling rate is applied when:

• The bank sells foreign currency to the client

• The client sells foreign currency to the bank

• The rand is stable

• Tourists avoid buying