Convert Guatemalan Quetzal to Thai Baht
Please provide values below to convert Guatemalan Quetzal [GTQ] to Thai Baht [THB], or Convert Thai Baht to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Thai Baht
1 GTQ = 0.238251491652335 THB
Example: convert 15 GTQ to THB:
15 GTQ = 15 × 0.238251491652335 THB = 3.57377237478502 THB
Guatemalan Quetzal to Thai Baht 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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.