Convert Georgian Lari to Guatemalan Quetzal
Please provide values below to convert Georgian Lari [GEL] to Guatemalan Quetzal [GTQ], or Convert Guatemalan Quetzal to Georgian Lari.
How to Convert Georgian Lari to Guatemalan Quetzal
1 GEL = 0.353030085866549 GTQ
Example: convert 15 GEL to GTQ:
15 GEL = 15 × 0.353030085866549 GTQ = 5.29545128799823 GTQ
Georgian Lari to Guatemalan Quetzal Conversion Table
| Georgian Lari | Guatemalan Quetzal |
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Georgian Lari
The Georgian Lari (GEL) is the official currency of Georgia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Georgian Lari was introduced in 1995, replacing the Georgian coupon as the country's official currency, to stabilize the economy and establish a national monetary system.
Current Use
The GEL is actively used in Georgia for all forms of financial transactions, including cash, banking, and electronic payments, and is managed by the National Bank of Georgia.
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.