Convert Guatemalan Quetzal to Nicaraguan Córdoba
Please provide values below to convert Guatemalan Quetzal [GTQ] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Nicaraguan Córdoba
1 GTQ = 0.208629866634771 NIO
Example: convert 15 GTQ to NIO:
15 GTQ = 15 × 0.208629866634771 NIO = 3.12944799952156 NIO
Guatemalan Quetzal to Nicaraguan Córdoba Conversion Table
| Guatemalan Quetzal | Nicaraguan Córdoba |
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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.
Nicaraguan Córdoba
The Nicaraguan Córdoba (NIO) is the official currency of Nicaragua, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Nicaraguan Córdoba was introduced in 1912, replacing the Nicaraguan peso. It has undergone several redenominations and reforms, with the current version being issued in 1998 to stabilize the economy after periods of inflation.
Current Use
Today, the Nicaraguan Córdoba is the primary legal tender in Nicaragua, used in all financial transactions, banking, and commerce across the country.