Convert Guatemalan Quetzal to Cambodian Riel
Please provide values below to convert Guatemalan Quetzal [GTQ] to Cambodian Riel [KHR], or Convert Cambodian Riel to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Cambodian Riel
1 GTQ = 0.00191149099560395 KHR
Example: convert 15 GTQ to KHR:
15 GTQ = 15 × 0.00191149099560395 KHR = 0.0286723649340592 KHR
Guatemalan Quetzal to Cambodian Riel Conversion Table
| Guatemalan Quetzal | Cambodian Riel |
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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.
Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.