Convert Guatemalan Quetzal to Paraguayan Guarani
Please provide values below to convert Guatemalan Quetzal [GTQ] to Paraguayan Guarani [PYG], or Convert Paraguayan Guarani to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Paraguayan Guarani
1 GTQ = 0.000995146593805517 PYG
Example: convert 15 GTQ to PYG:
15 GTQ = 15 × 0.000995146593805517 PYG = 0.0149271989070828 PYG
Guatemalan Quetzal to Paraguayan Guarani Conversion Table
| Guatemalan Quetzal | Paraguayan Guarani |
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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.
Paraguayan Guarani
The Paraguayan Guarani (PYG) is the official currency of Paraguay, used for all monetary transactions within the country.
History/Origin
The Guarani was introduced in 1943, replacing the peso at a rate of 1 Guarani = 1 peso, and has undergone various redenominations and reforms since then to stabilize the economy.
Current Use
Today, the Guarani remains the national currency of Paraguay, widely used in everyday commerce, banking, and financial transactions across the country.