Convert Guatemalan Quetzal to Salvadoran Colón
Please provide values below to convert Guatemalan Quetzal [GTQ] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Salvadoran Colón
1 GTQ = 0.878176936398624 SVC
Example: convert 15 GTQ to SVC:
15 GTQ = 15 × 0.878176936398624 SVC = 13.1726540459794 SVC
Guatemalan Quetzal to Salvadoran Colón Conversion Table
| Guatemalan Quetzal | Salvadoran Colón |
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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.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.