Convert Guatemalan Quetzal to Japanese Yen
Please provide values below to convert Guatemalan Quetzal [GTQ] to Japanese Yen [JPY], or Convert Japanese Yen to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Japanese Yen
1 GTQ = 0.0522688638382033 JPY
Example: convert 15 GTQ to JPY:
15 GTQ = 15 × 0.0522688638382033 JPY = 0.78403295757305 JPY
Guatemalan Quetzal to Japanese Yen Conversion Table
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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.
Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.