Convert Guatemalan Quetzal to Moldovan Leu
Please provide values below to convert Guatemalan Quetzal [GTQ] to Moldovan Leu [MDL], or Convert Moldovan Leu to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Moldovan Leu
1 GTQ = 0.452824733752249 MDL
Example: convert 15 GTQ to MDL:
15 GTQ = 15 × 0.452824733752249 MDL = 6.79237100628374 MDL
Guatemalan Quetzal to Moldovan Leu Conversion Table
| Guatemalan Quetzal | Moldovan Leu |
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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.
Moldovan Leu
The Moldovan Leu (MDL) is the official currency of Moldova, used for all monetary transactions within the country.
History/Origin
The Moldovan Leu was introduced in 1993, replacing the Soviet ruble, following Moldova's independence. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Moldovan Leu is actively used as the national currency for everyday transactions, banking, and trade in Moldova. It is issued and regulated by the National Bank of Moldova.