Converting from Guatemala Quetzal (GTQ) to Jordanian Dinar (JOD)

What is Guatemala Quetzal (GTQ)

The Guatemala Quetzal (GTQ) is the official currency of Guatemala. Introduced in 1925, it replaced the Guatemalan peso at a rate of one quetzal to one peso. Named after the national bird of Guatemala, the quetzal, this currency is a symbol of both the country's rich history and its commitment to preserving the natural environment.

The quetzal is divided into 100 centavos. The banknotes come in various denominations, including 1, 5, 10, 20, 50, 100, and 200 quetzals, each featuring notable figures from Guatemalan history or cultural symbols. Coins are available in denominations of 1, 5, 10, 25, and 50 centavos, as well as 1, 2, and 5 quetzals.

Exchange rates for the GTQ can fluctuate based on various factors, including economic conditions, inflation rates, and political stability. Economists often monitor the USD/GTQ exchange rate as a key point of reference, since the U.S. dollar is widely used in international trade in Central America.

What is Jordanian Dinar (JOD)

The Jordanian Dinar (JOD) is the official currency of Jordan, with its history tracing back to 1949 when it replaced the Palestinian pound. The dinar is named after the Roman "denarius," a historical silver coin. It is one of the most stable currencies in the Arab world and is subdivided into 10 dirhams, 100 qirsh, or 1,000 fils.

The notes of the Jordanian dinar include denominations of 1, 5, 10, 20, 50, and 100 dinars. Each banknote features prominent figures in Jordanian history and significant national symbols, such as the King Abdullah I and images of important landmarks.

Jordan’s economy relies heavily on sectors like tourism, agriculture, and services. The country has faced numerous challenges, including regional instability and limited natural resources, which can impact the exchange rate of the dinar against other currencies.

Converting GTQ to JOD

When converting Guatemala Quetzals to Jordanian Dinars, it's essential to check the current exchange rate, as it changes daily due to market conditions. As an example, if the exchange rate is ＄1 GTQ = 0.13 JOD＄, you can apply the conversion formula:

Amount in JOD = Amount in GTQ × 0.13

Therefore, if you have 100 GTQ and want to convert it to JOD:

Amount in JOD = 100 GTQ × 0.13 = 13 JOD

Understanding the currencies of different countries helps facilitate international trade and travel. Whether you're sending money, traveling, or investing, knowing how to convert between currencies is essential. Always refer to reliable financial sources or currency conversion tools to ensure you get the most accurate and up-to-date exchange rates.