Convert Guatemalan Quetzal to Somali Shilling
Please provide values below to convert Guatemalan Quetzal [GTQ] to Somali Shilling [SOS], or Convert Somali Shilling to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Somali Shilling
1 GTQ = 0.0134304657920102 SOS
Example: convert 15 GTQ to SOS:
15 GTQ = 15 × 0.0134304657920102 SOS = 0.201456986880153 SOS
Guatemalan Quetzal to Somali Shilling Conversion Table
| Guatemalan Quetzal | Somali Shilling |
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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.
Somali Shilling
The Somali Shilling (SOS) is the official currency of Somalia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Somali Shilling was introduced in 1962, replacing the Somali Somali shilling, and has undergone various reforms and devaluations due to economic challenges and civil unrest over the decades.
Current Use
Today, the Somali Shilling remains the official currency of Somalia, used in cash transactions, with banknotes and coins issued by the Central Bank of Somalia. It is also used in some neighboring regions and for remittances.