Convert Guatemalan Quetzal to Chinese Yuan (Offshore)
Please provide values below to convert Guatemalan Quetzal [GTQ] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Chinese Yuan (Offshore)
1 GTQ = 1.07016379654018 CNH
Example: convert 15 GTQ to CNH:
15 GTQ = 15 × 1.07016379654018 CNH = 16.0524569481026 CNH
Guatemalan Quetzal to Chinese Yuan (Offshore) 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.
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.