List of Country names with capital and Currency Around the World

List of Country names with capital and Currency

In our diverse world, there are more than 100 countries on each of the seven continents, and each country has its own unique currency. For instance, in India, we use the Indian rupee, while in Afghanistan, they use the Afghani currency. Travelers visiting different countries often have to exchange their money at airports. Currency serves as a means of exchanging goods and services, playing a crucial role in economic activities. The value of a currency constantly fluctuates when compared to other currencies. As an example, one US dollar is equivalent to 83.17 Indian rupees. Across the globe, there are various currency values and denominations.

So, what exactly is currency?

Currency refers to the money used as a medium of exchange. Different countries have their own unique currencies, and the value of these currencies can vary from country to country. Currency can exist in the form of paper notes or metal coins. It is issued by the government and accepted worldwide for transactions involving goods, services, taxes, and debt payment.

Countries names, Capitals and Currencies

FAQ: Country names with capital and Currency

Q1: What is the purpose of a country’s capital?

A: The capital of a country serves as the central hub for government activities and administration. It is where the head of state resides and where major governmental offices are located.

Q2: How many different currencies are there in the world?

A: According to the United Nations, there are 180 different currencies used worldwide.

Q3: What is the official currency of India?

A: The official currency of India is the Indian rupee, denoted by the symbol INR.

Q4: Which country uses multiple currencies?

A: Bhutan is an example of a country that utilizes more than one currency. In addition to its own currency, the Bhutanese ngultrum, the Indian rupee is also accepted as legal tender in Bhutan.