Money Quiz Questions

How well do you know your coins and banknotes? See if you can answer these ten money quiz questions. Scroll down for the answers.

  1. Whose portrait is used on banknotes of more than 30 countries?
  2. What banknote is the world’s most popular? (Highest number of banknotes in circulation)
  3. What is the world’s heaviest coin in circulation?
  4. What is the world’s most-faked currency?
  5. Which country’s currency is MAD?
  6. What metal makes up 75% of a 5 cent coin from the United States?
  7. Which country issued the world’s first polymer banknote?
  8. How many pennies were in one pound in Great Britain before Decimal Day?
  9. How many countries are in the Eurozone?
  10. What is the highest denomination Pound Sterling banknote in circulation in the United Kingdom?
foreign coin exchange

Money Quiz Questions - Answers

Did you write down your answers to the ten money quiz questions above? No cheating, did you really? Have your red pen ready, here are the answers.

Whose portrait is used on banknotes of more than 30 countries?

An easy question to get started. The answer is of course Queen Elizabeth II. Her portrait is on the banknotes of 33 countries and more than 200 different banknotes, more than anyone else by far. The second most popular is the Virgin Mary. Third most popular is Christopher Columbus.

Bank of England 5 Pounds Sterling banknote - Elizabeth Fry obverse accepted for exchange

What banknote is the world's most popular?

The world’s most popular banknote is the $100 US dollar bill. There are 14.2 billion banknotes of $100 USD in circulation, more than any other banknote in the world. The second most popular banknote is the €50 euro banknote, with 11.9 billion banknotes in circulation. Third most popular is the $1 US dollar bill, with 12.7 billion banknotes in circulation (Figures for December 2019).

100 American Dollars banknote

What is the world's heaviest coin in circulation?

The world’s heaviest coin in circulation is the 50 cent coin from Australia. It weighs 15.55 grams. It has an unusual 12-sided ‘dodecagonal’ shape. The coin was introduced in 1969 and the Royal Australian Mint has since then produced over one billion pieces, with a total weight of over 16,000 tons.

Australian 50 cent coin

What is the world's most faked currency?

The world’s most faked currency is the Pound Sterling. This is due to change soon, following the rollout of polymer banknotes to the £20 and £50 notes. As many as 1 out of 30 of the British paper banknotes are fake, the most for any currency in the world. The paper £20 pounds bill is the most faked British banknote.

Bank of England 20 Pounds Sterling banknote - Adam Smith obverse accepted for exchange

Which country's currency is MAD?

Morocco. The ISO-code of the Moroccan Dirham is ‘MAD’. Isn’t that crazy? Other 3-letter words that are also currency codes include ALL, COP, GEL and TRY.

20 Moroccan Dirhams banknote (2012 issue) obverse accepted for exchange

What metal makes up 75% of a 5 cent coin from the United States?

The 5 cent coin from the United States, also known as a ‘nickel‘, is made of 75% copper and 25% nickel. A tricky question, we know, apologies. Historically the 5c coin had a higher nickel content but over the years the coin’s copper content has been increased so that the US nickels are now made mostly of copper.

5 Cents coin United States Dollar (nickel)

Which country issued the world's first polymer banknote?

In 1988, Australia was the first country to issue a polymer banknote, the commemorative $10 dollar banknote celebrating 200 years of European settlement in Australia. In 1996, Australia was again the first country to completely switch to polymer banknotes.

10 Australian Dollars banknote (Aboriginal youth)

How many pennies were in one pound in Great Britain before Decimal Day?

Before Decimal Day, on 15 February 1971, there were 240 pennies in one pound: twelve pence make up one shilling, and twenty shilling make up one pound. The text on the decimal penny issued since 1971 read ‘new penny’, until 1982 when it changed to ‘one penny’.

British predecimal penny coin

How many countries are in the Eurozone?

At the time of writing, in 2020, there are nineteen countries in the Eurozone:

Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain.

new euro banknotes second series

What is the highest denomination Pound Sterling banknote in circulation in the United Kingdom?

Banknotes of £100 pounds are in circulation in Scotland and Northern Ireland. Therefore the highest denomination in circulation in the United Kingdom is £100 pounds, and not the £50 pound banknote which is the highest denomination banknote issued for general circulation by the Bank of England.

Bank of Scotland 100 Pounds banknote (2007-2011 series) obverse

We hope you enjoyed our money quiz questions, and that maybe you learned something new about coins and banknotes. Feel free to use these questions for your own quiz with friends and family. Have fun!