Convert Macedonian Denar to Guatemalan Quetzal
Please provide values below to convert Macedonian Denar [MKD] to Guatemalan Quetzal [GTQ], or Convert Guatemalan Quetzal to Macedonian Denar.
How to Convert Macedonian Denar to Guatemalan Quetzal
1 MKD = 6.88571540255645 GTQ
Example: convert 15 MKD to GTQ:
15 MKD = 15 × 6.88571540255645 GTQ = 103.285731038347 GTQ
Macedonian Denar to Guatemalan Quetzal Conversion Table
Macedonian Denar | Guatemalan Quetzal |
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Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.
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.