Convert Guatemalan Quetzal to Israeli New Sheqel
Please provide values below to convert Guatemalan Quetzal [GTQ] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Israeli New Sheqel
1 GTQ = 2.29437967115097 ILS
Example: convert 15 GTQ to ILS:
15 GTQ = 15 × 2.29437967115097 ILS = 34.4156950672646 ILS
Guatemalan Quetzal to Israeli New Sheqel Conversion Table
| Guatemalan Quetzal | Israeli New Sheqel |
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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.
Israeli New Sheqel
The Israeli New Sheqel (ILS) is the official currency of Israel, used for everyday transactions and economic activities within the country.
History/Origin
The Israeli New Sheqel was introduced in 1985, replacing the old Sheqel at a rate of 1,000 old Sheqels to 1 New Sheqel, as part of economic reforms to stabilize the Israeli economy.
Current Use
Today, the ILS is widely used in Israel for all financial transactions, including banking, commerce, and government operations, and is also accepted in some Palestinian territories.