Convert Guatemalan Quetzal to Djiboutian Franc
Please provide values below to convert Guatemalan Quetzal [GTQ] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Djiboutian Franc
1 GTQ = 0.0431839793834156 DJF
Example: convert 15 GTQ to DJF:
15 GTQ = 15 × 0.0431839793834156 DJF = 0.647759690751234 DJF
Guatemalan Quetzal to Djiboutian Franc Conversion Table
| Guatemalan Quetzal | Djiboutian Franc |
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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.
Djiboutian Franc
The Djiboutian Franc (DJF) is the official currency of Djibouti, used for all monetary transactions within the country.
History/Origin
The Djiboutian Franc was introduced in 1949, replacing the French Franc at par, and has been the country's official currency since then, with its value maintained by the Central Bank of Djibouti.
Current Use
The DJF is widely used in Djibouti for everyday transactions, banking, and trade, and is pegged to the US dollar at a fixed rate to ensure stability.