Convert Swiss Franc to Guatemalan Quetzal
Please provide values below to convert Swiss Franc [CHF] to Guatemalan Quetzal [GTQ], or Convert Guatemalan Quetzal to Swiss Franc.
How to Convert Swiss Franc to Guatemalan Quetzal
1 CHF = 0.103574081071573 GTQ
Example: convert 15 CHF to GTQ:
15 CHF = 15 × 0.103574081071573 GTQ = 1.55361121607359 GTQ
Swiss Franc to Guatemalan Quetzal Conversion Table
| Swiss Franc | Guatemalan Quetzal |
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
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.