Convert Guatemalan Quetzal to Australian Dollar
Please provide values below to convert Guatemalan Quetzal [GTQ] to Australian Dollar [AUD], or Convert Australian Dollar to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Australian Dollar
1 GTQ = 5.01876798325922 AUD
Example: convert 15 GTQ to AUD:
15 GTQ = 15 × 5.01876798325922 AUD = 75.2815197488883 AUD
Guatemalan Quetzal to Australian Dollar 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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.