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Major fx rates :
1 EUR=1.1025 USD
1 EUR=120.11 JPY
1 EUR=0.8436 GBP
1 USD=108.94 JPY
1 USD=0.9695 CHF
1 GBP=1.3069 USD
1 USD=1.3187 CAD
1 USD=1.4776 AUD
1 EUR=1.0689 CHF
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Rates on 27 January 2020
Mini-quiz about the euro and the European Monetary Union (EMU)
A surprise will appear if you answer all the questions correctly.
1 - When was the Euro officially born?
hum In May 1998
1st January 1999
1st January 2000

 

2 - How many countries belong to Euroland?
hum 16 (France, Austria, Luxembourg, Spain, Portugal, Italy, Ireland, Belgium, Germany, Finland, the Netherlands, Greece, the United Kingdom, Sweden, Denmark, Latvia)
18 (France, Austria, Luxembourg, Spain, Portugal, Italy, Ireland, Belgium, Germany, Finland, the Netherlands, Greece, Slovenia, Cyprus, Malta, Slovakia, Estonia, Latvia)
11 (France, Austria, Luxembourg, Spain, Portugal, Italy, Ireland, Belgium, Germany, Finland, the Netherlands)
10 (France, Austria, Luxembourg, Spain, Portugal, Italy, Ireland, Belgium, Germany, the Netherlands)
17 (France, Austria, Luxembourg, Spain, Portugal, Italy, Ireland, Belgium, Germany, Finland, the Netherlands, Greece, the United Kingdom, Sweden, Denmark, Norway, Latvia)
12 (France, Austria, Luxembourg, Spain, Portugal, Italy, Ireland, Belgium, Germany, Finland, theNetherlands, Greece)

 

3 - What is the exchange rate between the euro and the German Mark?
hum 1 Euro = 1.96 German Mark
1 Euro = 1 German Mark
1 German Mark = 1.95 Euros
1 German Mark = 0.51129 Euros
1 Euro = 1.95583 German Mark
It depends on the day

 

4 - When did Euro coins and bank notes first appear?
hum 1st January 1999
1st January 2000
1st January 2001
1st January 2002
30th June 2002
1st January 2003

 

5 - Which one of the following currencies belongs to the Euroland?
hum Pound Sterling
Swiss Franc
US Dollar
Danish Krona
Finnish Markka
Icelandic Krona
Russian Rouble

 

6 - What has disappeared with the launch of the euro?
hum The national sovereignty of countries belonging to Euroland
The banks exchange rate margin
Bank notes in German Marks
The ECU
Yugoslavia
Thieves
The British monarchy
The European Union
The German Bundesbank
Poverty

 

7 - When and how long could French (or German) and Euro bank notes both be used to buy goods?
hum From 1st January 2001 for 6 months
From 1st January 2001 for 2 months maximum (depending of the countries)
From 1st January 2002 for 6 months
From 1st January 2002 for 2 months
From 1st January 2002 for 1 year

 

8 - What is the maximum number of coins a shop must accept for one payment ?
hum 50 coins
40 coins
30 coins
20 coins

 

9 - What is the face value of Euro bank notes?
hum 5, 10, 20, 50, and 100 Euros.
5, 10, 20, 50, 100 and 200 Euros.
5, 10, 20, 50, 100, 200 and 500 Euros
5, 10, 20, 50, 100, 200, 500 and 1000 Euros.
10, 20, 50, and 100 Euros.

 

10 - What is the face value of the Euro coins?
hum 0.01 (1 cent), 0.02 (2 cents), 0.05 (5 cents), 0.10 (10 cents), 0.20 (20 cents), 0.50 (50 cents), 1 and 2 Euros.
0.02 (2 cents), 0.05 (5 cents), 0.10 (10 cents), 0.20 (20 cents), 0.50 (50 cents), 1 and 2 Euros.
0.05 (5 cents), 0.10 (10 cents), 0.20 (20 cents), 0.50 (50 cents), 1 and 2 Euros.
0.05 (5 cents), 0.10 (10 cents), 0.20 (20 cents), 0.50 (50 cents), 1, 2 and 5 Euros.

 

11 - How do you convert an amount in German Mark to the euro?
hum Round the euro exchange rate against the German Mark to 2 decimal places then divide the amount in German Marks by this rounded exchange rate.
Multiply the amount in German Marks by the Euro exchange rate against the German mark.
Divide the amount in German Marks by the Euro exchange rate against the German Mark and round the result to two decimal places.
Divide the amount in German Marks by the euro exchange rate against the German Mark and round down the result to one euro.
It depends if the amount of money is spent or received.