Convert Guatemalan Quetzal to Lesotho Loti
Please provide values below to convert Guatemalan Quetzal [GTQ] to Lesotho Loti [LSL], or Convert Lesotho Loti to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to Lesotho Loti
1 GTQ = 0.436889114062402 LSL
Example: convert 15 GTQ to LSL:
15 GTQ = 15 × 0.436889114062402 LSL = 6.55333671093603 LSL
Guatemalan Quetzal to Lesotho Loti Conversion Table
Guatemalan Quetzal | Lesotho Loti |
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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.
Lesotho Loti
The Lesotho Loti (LSL) is the official currency of Lesotho, used for all monetary transactions within the country.
History/Origin
Introduced in 1980, the Loti replaced the South African Rand at par and has since been managed by the Central Bank of Lesotho, reflecting the country's monetary independence.
Current Use
The Loti is actively used in Lesotho for everyday transactions, banking, and trade, and is pegged at par to the South African Rand.