Convert Guatemalan Quetzal to Bolivian Boliviano
Please provide values below to convert Guatemalan Quetzal [GTQ] to Bolivian Boliviano [BOB], or Convert Bolivian Boliviano to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Bolivian Boliviano
1 GTQ = 1.11060141236397 BOB
Example: convert 15 GTQ to BOB:
15 GTQ = 15 × 1.11060141236397 BOB = 16.6590211854596 BOB
Guatemalan Quetzal to Bolivian Boliviano Conversion Table
| Guatemalan Quetzal | Bolivian Boliviano |
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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.
Bolivian Boliviano
The Bolivian Boliviano (BOB) is the official currency of Bolivia, used for all monetary transactions within the country.
History/Origin
Introduced in 1987 to replace the Bolivian peso, the Boliviano has undergone various redenominations and reforms to stabilize Bolivia's economy and control inflation.
Current Use
The Boliviano remains the primary currency in Bolivia, widely used in everyday transactions, banking, and commerce across the country.