Convert Guatemalan Quetzal to Albanian Lek
Please provide values below to convert Guatemalan Quetzal [GTQ] to Albanian Lek [ALL], or Convert Albanian Lek to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Albanian Lek
1 GTQ = 0.0920268645011829 ALL
Example: convert 15 GTQ to ALL:
15 GTQ = 15 × 0.0920268645011829 ALL = 1.38040296751774 ALL
Guatemalan Quetzal to Albanian Lek Conversion Table
| Guatemalan Quetzal | Albanian Lek |
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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.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.