Convert Guatemalan Quetzal to Malawian Kwacha
Please provide values below to convert Guatemalan Quetzal [GTQ] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Malawian Kwacha
1 GTQ = 0.00440190461081254 MWK
Example: convert 15 GTQ to MWK:
15 GTQ = 15 × 0.00440190461081254 MWK = 0.0660285691621882 MWK
Guatemalan Quetzal to Malawian Kwacha Conversion Table
| Guatemalan Quetzal | Malawian Kwacha |
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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.
Malawian Kwacha
The Malawian Kwacha (MWK) is the official currency of Malawi, used for all monetary transactions within the country.
History/Origin
The Malawian Kwacha was introduced in 1971, replacing the Malawian Pound, as part of Malawi's monetary reform to establish a national currency.
Current Use
Today, the MWK is actively used in Malawi for everyday transactions, banking, and trade, with coins and banknotes issued by the Reserve Bank of Malawi.