Convert Guatemalan Quetzal to Saudi Riyal
Please provide values below to convert Guatemalan Quetzal [GTQ] to Saudi Riyal [SAR], or Convert Saudi Riyal to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Saudi Riyal
1 GTQ = 2.04658666666667 SAR
Example: convert 15 GTQ to SAR:
15 GTQ = 15 × 2.04658666666667 SAR = 30.6988 SAR
Guatemalan Quetzal to Saudi Riyal Conversion Table
| Guatemalan Quetzal | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.