Convert Namibian Dollar to Guatemalan Quetzal
Please provide values below to convert Namibian Dollar [NAD] to Guatemalan Quetzal [GTQ], or Convert Guatemalan Quetzal to Namibian Dollar.
How to Convert Namibian Dollar to Guatemalan Quetzal
1 NAD = 2.28891031571267 GTQ
Example: convert 15 NAD to GTQ:
15 NAD = 15 × 2.28891031571267 GTQ = 34.33365473569 GTQ
Namibian Dollar to Guatemalan Quetzal Conversion Table
| Namibian Dollar | Guatemalan Quetzal |
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Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.
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.