Convert Guatemalan Quetzal to British Pound Sterling
Please provide values below to convert Guatemalan Quetzal [GTQ] to British Pound Sterling [GBP], or Convert British Pound Sterling to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to British Pound Sterling
1 GTQ = 10.3684139421778 GBP
Example: convert 15 GTQ to GBP:
15 GTQ = 15 × 10.3684139421778 GBP = 155.526209132667 GBP
Guatemalan Quetzal to British Pound Sterling Conversion Table
| Guatemalan Quetzal | British Pound Sterling |
|---|
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.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.