Convert Salvadoran Colón to Guatemalan Quetzal
Please provide values below to convert Salvadoran Colón [SVC] to Guatemalan Quetzal [GTQ], or Convert Guatemalan Quetzal to Salvadoran Colón.
How to Convert Salvadoran Colón to Guatemalan Quetzal
1 SVC = 1.13872268622878 GTQ
Example: convert 15 SVC to GTQ:
15 SVC = 15 × 1.13872268622878 GTQ = 17.0808402934317 GTQ
Salvadoran Colón to Guatemalan Quetzal Conversion Table
| Salvadoran Colón | Guatemalan Quetzal |
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Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.
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.