Convert Guatemalan Quetzal to Bhutanese Ngultrum
Please provide values below to convert Guatemalan Quetzal [GTQ] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Bhutanese Ngultrum
1 GTQ = 0.0888445131304011 BTN
Example: convert 15 GTQ to BTN:
15 GTQ = 15 × 0.0888445131304011 BTN = 1.33266769695602 BTN
Guatemalan Quetzal to Bhutanese Ngultrum Conversion Table
| Guatemalan Quetzal | Bhutanese Ngultrum |
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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.
Bhutanese Ngultrum
The Bhutanese Ngultrum (BTN) is the official currency of Bhutan, used for all monetary transactions within the country.
History/Origin
Introduced in 1974, the Ngultrum replaced the Indian Rupee as Bhutan's official currency, establishing a separate national currency to promote economic independence.
Current Use
The Ngultrum remains the official currency of Bhutan, widely used in everyday transactions, with coins and banknotes issued by the Royal Monetary Authority of Bhutan.