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Currency Exchange Quiz

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

What are exchange rates and what factors cause them to fluctuate?

a)

Exchange rates are the value of one currency for the purpose of conversion to another. Factors include interest rates, inflation, and political stability.

b)

Exchange rates are the amount of goods one can buy. Factors include weather and holidays.

c)

Exchange rates are the number of tourists visiting a country. Factors include population size and language.

d)

Exchange rates are the number of banks in a country. Factors include the number of ATMs and bank branches.

2.

How can you compare the purchasing power of the U.S. dollar in various countries?

a)

By looking at the number of tourists visiting each country.

b)

By comparing the cost of a basket of goods and services in each country.

c)

By counting the number of banks in each country.

d)

By measuring the length of time it takes to travel to each country.

3.

How do you calculate currency exchange using given exchange rates?

a)

Multiply the amount of currency you have by the exchange rate.

b)

Divide the amount of currency you have by the number of countries.

c)

Add the exchange rate to the amount of currency you have.

d)

Subtract the exchange rate from the amount of currency you have.

4.

What is the currency of Argentina?

a)

Dollar

b)

Euro

c)

Peso Argentino

d)

Real

5.

What is the currency of Bolivia?

a)

Peso

b)

Boliviano

c)

Dollar

d)

Euro

6.

What is the currency of Chile?

a)

Dollar

b)

Euro

c)

Peso Chileno

d)

Yen

7.

What is the currency of Colombia?

a)

Colombian Dollar

b)

Colombian Peso

c)

Colombian Euro

d)

Colombian Real

8.

What is the currency of Costa Rica?

a)

Peso

b)

Dollar

c)

Colón

d)

Euro

9.

What is the currency of Cuba?

a)

Peso Cubano

b)

Dollar

c)

Euro

d)

Yen

10.

What is the currency of the Dominican Republic?

a)

Dominican Dollar

b)

Dominican Peso

c)

Dominican Euro

d)

Dominican Franc

11.

What is the currency used in Ecuador?

a)

Euro

b)

Peso

c)

USD

d)

Yen

12.

What is the currency of Guinea Ecuatorial?

a)

Dollar

b)

Euro

c)

Franco

d)

Peso

13.

What is the currency used in El Salvador?

a)

Euro

b)

Peso

c)

USD

d)

Yen

14.

What is the currency of Guatemala?

a)

Peso

b)

Dollar

c)

Quetzal

d)

Lira

15.

What is the currency of Honduras?

a)

Peso

b)

Dollar

c)

Lempira

d)

Euro

16.

What is the currency of Mexico?

a)

Dollar

b)

Euro

c)

Peso Mexicano

d)

Yen

17.

What is the currency of Nicaragua?

a)

Peso

b)

Córdoba

c)

Dollar

d)

Euro

18.

What is the currency used in Panama?

a)

Euro

b)

USD

c)

Peso

d)

Yen

19.

What is the currency of Paraguay?

a)

Peso

b)

Dollar

c)

Guaraní

d)

Real

20.
dollar
a)
el peso
b)
el euro
c)
el dólar
d)
pesetas