Convert Guatemalan Quetzal to Namibian Dollar
Please provide values below to convert Guatemalan Quetzal [GTQ] to Namibian Dollar [NAD], or Convert Namibian Dollar to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Namibian Dollar
1 GTQ = 0.436889114062402 NAD
Example: convert 15 GTQ to NAD:
15 GTQ = 15 × 0.436889114062402 NAD = 6.55333671093603 NAD
Guatemalan Quetzal to Namibian Dollar Conversion Table
Guatemalan Quetzal | Namibian Dollar |
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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.
Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.