Convert Guatemalan Quetzal to Burundian Franc
Please provide values below to convert Guatemalan Quetzal [GTQ] to Burundian Franc [BIF], or Convert Burundian Franc to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Burundian Franc
1 GTQ = 0.00258494747299298 BIF
Example: convert 15 GTQ to BIF:
15 GTQ = 15 × 0.00258494747299298 BIF = 0.0387742120948947 BIF
Guatemalan Quetzal to Burundian Franc Conversion Table
Guatemalan Quetzal | Burundian Franc |
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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.
Burundian Franc
The Burundian Franc (BIF) is the official currency of Burundi, used for everyday transactions within the country.
History/Origin
The Burundian Franc was introduced in 1964, replacing the Belgian Congo franc, following Burundi's independence. It has undergone various redenominations and inflation adjustments over the years.
Current Use
Today, the BIF is widely used in Burundi for all monetary transactions, with coins and banknotes issued by the Central Bank of Burundi. It remains the legal tender in the country.