Convert Peruvian Nuevo Sol to Guatemalan Quetzal
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Guatemalan Quetzal [GTQ], or Convert Guatemalan Quetzal to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Guatemalan Quetzal
1 PEN = 0.463562093632324 GTQ
Example: convert 15 PEN to GTQ:
15 PEN = 15 × 0.463562093632324 GTQ = 6.95343140448487 GTQ
Peruvian Nuevo Sol to Guatemalan Quetzal Conversion Table
| Peruvian Nuevo Sol | Guatemalan Quetzal |
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Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
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.