Currency Conversion Basics Quiz
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Questions and Answers

What is the total amount in Nigerian Naira (NGN) that was sent to Our Lady Queen Of Peace Odonla?

  • 102,533,745 NGN
  • 49.36 NGN
  • 100,003.36 NGN (correct)
  • 2,026.00 NGN
  • What is the exchange rate provided for this transaction?

  • 1 GBP = 49.36 NGN
  • 1 GBP = 100,003.36 NGN
  • 1 GBP = 1,025.34 NGN
  • 1 GBP = 2,026.00 NGN (correct)
  • Which financial institution is associated with the provided account details?

  • RightCard Payment services Limited
  • Financial Conduct Authority
  • Lemonade Technology Ltd U.K
  • UNITED BANK FOR AFRICA PLC (correct)
  • What is the reference number for this transaction?

    <p>2d18b46c-f574-403f-aa71-54372630e041 (B)</p> Signup and view all the answers

    Which organization is authorized as a Small Payment Institution by the Financial Conduct Authority?

    <p>Lemonade Technology Ltd U.K (C)</p> Signup and view all the answers

    Study Notes

    Transaction Details

    • Transaction created on 8/3/24 at 11:18 AM
    • Transaction completed on 8/3/24 at 11:18 AM
    • 49.36 GBP converted to 100,003.36 NGN
    • Payment sent to "our lady queen of peace odonla"
    • Account details: 1025337452, UNITED BANK FOR AFRICA PLC
    • Reference: 2d18b46c-f574-403f-aa71-54372630e041
    • Exchange rate: 1.00 GBP = 2,026.00 NGN

    Company Information

    • Lemonade Technology Ltd UK (No.935815) is authorized by the Financial Conduct Authority
    • Registered address: 36-38 Westbourne Grove, London, UK
    • Incorporated on July 1, 2020
    • RightCard Payment Services Limited is the trading name for LemFi
    • Lemonade Technology Limited, Canada, is registered as a Money Service Business (MSB)

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    Related Documents

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    Description

    Test your knowledge on currency conversion with this quiz, which explores the process of converting GBP to NGN using real transaction scenarios. Understand exchange rates and the impact they have on financial transactions. Ideal for those interested in finance and currency management.

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