Guatemalan Quetzal to Euro — exchange rate

Country of Circulation: Bank of Guatemala

Currency Code, Symbol: GTQ, Q

Denominations of coins in circulation: 1, 5, 10, 25, 50 centavos, 1 quetzal

Denominations of banknotes in circulation: 1 quetzal, 5, 10, 20, 50, 100, 200 quetzales

History: The Guatemalan quetzal (Q) is the main national currency of Guatemala. For ease, it is named GTQ in international conversion. Centavos are used as change for this currency.Every GTQ has 100 centavos. In a local slang, coins are called lenes. The Guatemalan quetzal appeared in 1925. The currency’s rate has been depending on fluctuations of the American dollar for a long time. The name itself comes from the name of a local bird known for its colorful feathers and unique appearance. Interestingly, the first currency of Guatemala was feathers of this brilliant bird – quetzal.Read More

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More