Convert Norwegian Krone to Guatemalan Quetzal
Please provide values below to convert Norwegian Krone [NOK] to Guatemalan Quetzal [GTQ], or Convert Guatemalan Quetzal to Norwegian Krone.
How to Convert Norwegian Krone to Guatemalan Quetzal
1 NOK = 1.31754987165622 GTQ
Example: convert 15 NOK to GTQ:
15 NOK = 15 × 1.31754987165622 GTQ = 19.7632480748433 GTQ
Norwegian Krone to Guatemalan Quetzal Conversion Table
| Norwegian Krone | Guatemalan Quetzal |
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Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.
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.