Convert Euro to Guatemalan Quetzal
Please provide values below to convert Euro [EUR] to Guatemalan Quetzal [GTQ], or Convert Guatemalan Quetzal to Euro.
How to Convert Euro to Guatemalan Quetzal
1 EUR = 0.111105320077658 GTQ
Example: convert 15 EUR to GTQ:
15 EUR = 15 × 0.111105320077658 GTQ = 1.66657980116487 GTQ
Euro to Guatemalan Quetzal Conversion Table
| Euro | Guatemalan Quetzal |
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Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
Guatemalan Quetzal
The Guatemalan Quetzal (GTQ) is the official currency of Guatemala, used for all monetary transactions within the country.
History/Origin
The Quetzal was introduced as the official currency of Guatemala in 1925, replacing the Guatemalan peso. It was named after the quetzal bird, a symbol of liberty in Guatemala, and was initially pegged to the US dollar. The currency has undergone various reforms and decimalization since its inception.
Current Use
Today, the GTQ is widely used throughout Guatemala for everyday transactions, banking, and trade. It is managed by the Bank of Guatemala and remains the country's legal tender.