Convert Kuwaiti Dinar to Guatemalan Quetzal
Please provide values below to convert Kuwaiti Dinar [KWD] to Guatemalan Quetzal [GTQ], or Convert Guatemalan Quetzal to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Guatemalan Quetzal
1 KWD = 0.0397930863747117 GTQ
Example: convert 15 KWD to GTQ:
15 KWD = 15 × 0.0397930863747117 GTQ = 0.596896295620676 GTQ
Kuwaiti Dinar to Guatemalan Quetzal Conversion Table
| Kuwaiti Dinar | Guatemalan Quetzal |
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Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.
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.