Convert Guatemalan Quetzal to Mozambican Metical
Please provide values below to convert Guatemalan Quetzal [GTQ] to Mozambican Metical [MZN], or Convert Mozambican Metical to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Mozambican Metical
1 GTQ = 0.120629087599788 MZN
Example: convert 15 GTQ to MZN:
15 GTQ = 15 × 0.120629087599788 MZN = 1.80943631399682 MZN
Guatemalan Quetzal to Mozambican Metical Conversion Table
| Guatemalan Quetzal | Mozambican Metical |
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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.
Mozambican Metical
The Mozambican Metical (MZN) is the official currency of Mozambique, used for all monetary transactions within the country.
History/Origin
The Metical was introduced in 1980, replacing the Mozambique Escudo, to stabilize the economy and modernize the monetary system. It has undergone several redenominations and reforms since its inception.
Current Use
The Metical is actively used as Mozambique's primary currency for everyday transactions, banking, and trade. It is issued and regulated by the Bank of Mozambique.