Convert Guatemalan Quetzal to Malaysian Ringgit
Please provide values below to convert Guatemalan Quetzal [GTQ] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Malaysian Ringgit
1 GTQ = 1.8137495864253 MYR
Example: convert 15 GTQ to MYR:
15 GTQ = 15 × 1.8137495864253 MYR = 27.2062437963795 MYR
Guatemalan Quetzal to Malaysian Ringgit Conversion Table
| Guatemalan Quetzal | Malaysian Ringgit |
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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.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.