Convert Guatemalan Quetzal to Dominican Peso
Please provide values below to convert Guatemalan Quetzal [GTQ] to Dominican Peso [DOP], or Convert Dominican Peso to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Dominican Peso
1 GTQ = 0.127167735414492 DOP
Example: convert 15 GTQ to DOP:
15 GTQ = 15 × 0.127167735414492 DOP = 1.90751603121738 DOP
Guatemalan Quetzal to Dominican Peso Conversion Table
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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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.