Convert Guatemalan Quetzal to Turkish Lira
Please provide values below to convert Guatemalan Quetzal [GTQ] to Turkish Lira [TRY], or Convert Turkish Lira to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Turkish Lira
1 GTQ = 0.189776635913819 TRY
Example: convert 15 GTQ to TRY:
15 GTQ = 15 × 0.189776635913819 TRY = 2.84664953870729 TRY
Guatemalan Quetzal to Turkish Lira 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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.