Convert Guatemalan Quetzal to Argentine Peso
Please provide values below to convert Guatemalan Quetzal [GTQ] to Argentine Peso [ARS], or Convert Argentine Peso to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Argentine Peso
1 GTQ = 0.00606135037159307 ARS
Example: convert 15 GTQ to ARS:
15 GTQ = 15 × 0.00606135037159307 ARS = 0.0909202555738961 ARS
Guatemalan Quetzal to Argentine Peso Conversion Table
Guatemalan Quetzal | Argentine Peso |
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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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.