Convert Guatemalan Quetzal to South Korean Won
Please provide values below to convert Guatemalan Quetzal [GTQ] to South Korean Won [KRW], or Convert South Korean Won to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to South Korean Won
1 GTQ = 0.00555103418905298 KRW
Example: convert 15 GTQ to KRW:
15 GTQ = 15 × 0.00555103418905298 KRW = 0.0832655128357946 KRW
Guatemalan Quetzal to South Korean Won Conversion Table
| Guatemalan Quetzal | South Korean Won |
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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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.