Convert Guatemalan Quetzal to Ethiopian Birr
Please provide values below to convert Guatemalan Quetzal [GTQ] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Ethiopian Birr
1 GTQ = 0.0561684519296356 ETB
Example: convert 15 GTQ to ETB:
15 GTQ = 15 × 0.0561684519296356 ETB = 0.842526778944533 ETB
Guatemalan Quetzal to Ethiopian Birr Conversion Table
| Guatemalan Quetzal | Ethiopian Birr |
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.