Convert Guatemalan Quetzal to Philippine Peso
Please provide values below to convert Guatemalan Quetzal [GTQ] to Philippine Peso [PHP], or Convert Philippine Peso to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Philippine Peso
1 GTQ = 0.134780295140871 PHP
Example: convert 15 GTQ to PHP:
15 GTQ = 15 × 0.134780295140871 PHP = 2.02170442711306 PHP
Guatemalan Quetzal to Philippine Peso Conversion Table
| Guatemalan Quetzal | Philippine Peso |
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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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.