Convert Guatemalan Quetzal to Armenian Dram
Please provide values below to convert Guatemalan Quetzal [GTQ] to Armenian Dram [AMD], or Convert Armenian Dram to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Armenian Dram
1 GTQ = 0.0199834397856546 AMD
Example: convert 15 GTQ to AMD:
15 GTQ = 15 × 0.0199834397856546 AMD = 0.299751596784819 AMD
Guatemalan Quetzal to Armenian Dram Conversion Table
| Guatemalan Quetzal | Armenian Dram |
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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.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.