Convert Guatemalan Quetzal to São Tomé and Príncipe Dobra
Please provide values below to convert Guatemalan Quetzal [GTQ] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Guatemalan Quetzal.
How to Convert Guatemalan Quetzal to São Tomé And Príncipe Dobra
1 GTQ = 0.367504177979534 STN
Example: convert 15 GTQ to STN:
15 GTQ = 15 × 0.367504177979534 STN = 5.51256266969301 STN
Guatemalan Quetzal to São Tomé And Príncipe Dobra Conversion Table
| Guatemalan Quetzal | São Tomé and Príncipe Dobra |
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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.
São Tomé And Príncipe Dobra
The São Tomé and Príncipe Dobra (STN) is the official currency of São Tomé and Príncipe, used for all monetary transactions within the country.
History/Origin
The Dobra was introduced in 1977, replacing the São Tomé and Príncipe escudo at par, and has undergone various redenominations and updates since its inception to stabilize the economy and modernize the currency system.
Current Use
Today, the Dobra remains the official currency, with banknotes and coins in circulation, and is used for everyday transactions, though it is subject to inflation and economic fluctuations.