15 History of Money and Currency Trivia Questions and Answers

It’s something we all use every day, but how much do you know about it? Can you answer these history of money and currency trivia questions?

15 History of Money and Currency Trivia Questions

Q: What was the first known form of currency?
Q: Which ancient civilization first used coins as money?
Q: What metal were the first coins made of?
Q: When was paper money first introduced?
Q: What does “fiat money” mean?
Q: Which European country was the first to adopt banknotes?
Q: What year was the U.S. dollar established?
Q: What is the term for the study of currency and coins?
Q: What was the name of the ancient Roman currency?
Q: What currency replaced the German Mark after WWII?
Q: What is the world’s oldest central bank?
Q: Which continent first used cowrie shells as money?
Q: What global agreement established fixed exchange rates after WWII?
Q: What cryptocurrency introduced blockchain technology?
Q: What does the term “legal tender” mean?

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15 History of Money and Currency Trivia Questions and Answers

Q: What was the first known form of currency? A: Bartering.
Q: Which ancient civilization first used coins as money? A: The Lydians.
Q: What metal were the first coins made of? A: Electrum, a natural alloy of gold and silver.
Q: When was paper money first introduced? A: Around 700 CE in China.
Q: What does “fiat money” mean? A: Currency with value backed by government decree, not physical commodities.
Q: Which European country was the first to adopt banknotes? A: Sweden in 1661.
Q: What year was the U.S. dollar established? A: 1792.
Q: What is the term for the study of currency and coins? A: Numismatics.
Q: What was the name of the ancient Roman currency? A: Denarius.
Q: What currency replaced the German Mark after WWII? A: The Deutsche Mark.
Q: What is the world’s oldest central bank? A: Sveriges Riksbank, established in 1668.
Q: Which continent first used cowrie shells as money? A: Africa.
Q: What global agreement established fixed exchange rates after WWII? A: The Bretton Woods Agreement.
Q: What cryptocurrency introduced blockchain technology? A: Bitcoin.
Q: What does the term “legal tender” mean? A: Money that must be accepted for debts and taxes.

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