Convert Guatemalan Quetzal to Maldivian Rufiyaa
Please provide values below to convert Guatemalan Quetzal [GTQ] to Maldivian Rufiyaa [MVR], or Convert Maldivian Rufiyaa to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Maldivian Rufiyaa
1 GTQ = 0.49712401704862 MVR
Example: convert 15 GTQ to MVR:
15 GTQ = 15 × 0.49712401704862 MVR = 7.45686025572929 MVR
Guatemalan Quetzal to Maldivian Rufiyaa Conversion Table
Guatemalan Quetzal | Maldivian Rufiyaa |
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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.
Maldivian Rufiyaa
The Maldivian Rufiyaa (MVR) is the official currency of the Maldives, used for all monetary transactions within the country.
History/Origin
Introduced in 1981, the Maldivian Rufiyaa replaced the Maldivian Rupee at par, and has since been the nation's standard currency, with various banknotes and coins issued over the years.
Current Use
The MVR is widely used across the Maldives for daily transactions, tourism, and trade, and is managed by the Maldives Monetary Authority.