Convert Papua New Guinean Kina to Guatemalan Quetzal
Please provide values below to convert Papua New Guinean Kina [PGK] to Guatemalan Quetzal [GTQ], or Convert Guatemalan Quetzal to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Guatemalan Quetzal
1 PGK = 0.547174482390191 GTQ
Example: convert 15 PGK to GTQ:
15 PGK = 15 × 0.547174482390191 GTQ = 8.20761723585287 GTQ
Papua New Guinean Kina to Guatemalan Quetzal Conversion Table
| Papua New Guinean Kina | Guatemalan Quetzal |
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Papua New Guinean Kina
The Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea, used for all monetary transactions within the country.
History/Origin
Introduced in 1975, replacing the Australian dollar, the Kina was established to establish a national currency and promote economic independence for Papua New Guinea.
Current Use
The Kina is actively used in everyday transactions, banking, and trade within Papua New Guinea, with coins and banknotes issued by the country's central bank, the Bank of Papua New Guinea.
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.