Convert Guatemalan Quetzal to Jamaican Dollar
Please provide values below to convert Guatemalan Quetzal [GTQ] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Jamaican Dollar
1 GTQ = 0.0479436522934204 JMD
Example: convert 15 GTQ to JMD:
15 GTQ = 15 × 0.0479436522934204 JMD = 0.719154784401306 JMD
Guatemalan Quetzal to Jamaican 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.
Jamaican Dollar
The Jamaican Dollar (JMD) is the official currency of Jamaica, used for all monetary transactions within the country.
History/Origin
The Jamaican Dollar was introduced in 1969, replacing the Jamaican Pound at a rate of 1 dollar = 1.5 pounds. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Jamaican Dollar is widely used in everyday transactions, banking, and commerce across Jamaica, with coins and banknotes issued by the Bank of Jamaica.