Convert Guatemalan Quetzal to Brazilian Real
Please provide values below to convert Guatemalan Quetzal [GTQ] to Brazilian Real [BRL], or Convert Brazilian Real to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Brazilian Real
1 GTQ = 1.37860607149272 BRL
Example: convert 15 GTQ to BRL:
15 GTQ = 15 × 1.37860607149272 BRL = 20.6790910723909 BRL
Guatemalan Quetzal to Brazilian Real Conversion Table
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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.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.