Convert Guatemalan Quetzal to Solomon Islands Dollar
Please provide values below to convert Guatemalan Quetzal [GTQ] to Solomon Islands Dollar [SBD], or Convert Solomon Islands Dollar to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Solomon Islands Dollar
1 GTQ = 0.93133911777198 SBD
Example: convert 15 GTQ to SBD:
15 GTQ = 15 × 0.93133911777198 SBD = 13.9700867665797 SBD
Guatemalan Quetzal to Solomon Islands Dollar Conversion Table
| Guatemalan Quetzal | Solomon Islands Dollar |
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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.
Solomon Islands Dollar
The Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, used for all monetary transactions within the country.
History/Origin
The Solomon Islands Dollar was introduced in 1977, replacing the Australian dollar at par, to establish a distinct national currency following independence from British rule.
Current Use
The SBD is widely used in the Solomon Islands for everyday transactions, banking, and trade, and is pegged to a basket of currencies to maintain stability.