Convert Guatemalan Quetzal to Canadian Dollar
Please provide values below to convert Guatemalan Quetzal [GTQ] to Canadian Dollar [CAD], or Convert Canadian Dollar to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Canadian Dollar
1 GTQ = 5.63280733944954 CAD
Example: convert 15 GTQ to CAD:
15 GTQ = 15 × 5.63280733944954 CAD = 84.4921100917431 CAD
Guatemalan Quetzal to Canadian 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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.