Convert Guatemalan Quetzal to New Taiwan Dollar
Please provide values below to convert Guatemalan Quetzal [GTQ] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to New Taiwan Dollar
1 GTQ = 0.261355355014473 TWD
Example: convert 15 GTQ to TWD:
15 GTQ = 15 × 0.261355355014473 TWD = 3.92033032521709 TWD
Guatemalan Quetzal to New Taiwan Dollar 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.
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.