Convert Guatemalan Quetzal to Rwandan Franc
Please provide values below to convert Guatemalan Quetzal [GTQ] to Rwandan Franc [RWF], or Convert Rwandan Franc to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Rwandan Franc
1 GTQ = 0.00530250762105494 RWF
Example: convert 15 GTQ to RWF:
15 GTQ = 15 × 0.00530250762105494 RWF = 0.079537614315824 RWF
Guatemalan Quetzal to Rwandan Franc Conversion Table
| Guatemalan Quetzal | Rwandan Franc |
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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.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.