Convert Guatemalan Quetzal to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Guatemalan Quetzal [GTQ] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to São Tomé And Príncipe Dobra (Pre-2018)
1 GTQ = 0.000344438061556966 STD
Example: convert 15 GTQ to STD:
15 GTQ = 15 × 0.000344438061556966 STD = 0.00516657092335449 STD
Guatemalan Quetzal to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
| Guatemalan Quetzal | São Tomé and Príncipe Dobra (pre-2018) |
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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.
São Tomé And Príncipe Dobra (Pre-2018)
The São Tomé and Príncipe Dobra (STD) was the official currency of São Tomé and Príncipe before 2018, used for everyday transactions within the country.
History/Origin
The Dobra was introduced in 1977, replacing the Portuguese escudo after independence. It was subdivided into 100 cêntimos. The currency underwent various inflationary pressures and was replaced in 2018 by the new Dobra (STN) at a rate of 1 new Dobra = 1000 old Dobras.
Current Use
The STD is no longer in use since 2018; the country now uses the new São Tomé and Príncipe Dobra (STN). The old STD notes are considered obsolete and are primarily of historical interest.