Foreign Exchange Quiz

What is money, in the form of paper or coins, used as a medium of exchange for goods and services?

What is the currency of a particular country where a transaction is being carried out?

What is a currency or currencies not belonging to your own country?

What is the practice of converting one currency into another currency?

What determines how much foreign currency you will receive when you exchange your money?

What are changes in currency value in relation to another currency called?

What are the major currencies of the world, their currency codes and symbols?

• AUSTRALIAN DOLLAR (AUD, AU$)

• BRITISH POUND (GBP, £)

• EURO (EUR, €)

• US DOLLAR (USD, US$)

• JAPANESE YEN (JPY, ¥)

What are the facilities where foreign currency can be exchanged?

• Commercial banks

• Foreign exchange dealers

• Foreign exchange kiosks at airports

• Bureaux de change

• Major hotels and cruise ships

How does money spent by inbound international tourists benefit local people?

What is a currency rate sheet from a foreign exchange bureau?