Convert Azerbaijani Manat to Guatemalan Quetzal
Convert Azerbaijani Manat (AZN) to Guatemalan Quetzal (GTQ) using daily updated exchange rates.
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About Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, reintroduced as the "new manat" in 2006 to replace the old manat at a rate of 5,000 to 1. The Central Bank of the Republic of Azerbaijan issues the manat, which is divided into 100 qapik. Azerbaijan's economy is strongly driven by oil and natural gas exports from the Caspian Sea region, making the manat's value closely tied to energy commodity prices. The currency experienced a significant devaluation in 2015-2016 when oil prices fell sharply. The manat's name derives from the Russian word for "coin".
About Guatemalan Quetzal
The Guatemalan Quetzal (GTQ) is the official currency of Guatemala, named after the resplendent quetzal bird, the national symbol of Guatemala and one of the world's most spectacular tropical birds. The quetzal was introduced in 1925, replacing the peso. The Banco de Guatemala manages monetary policy. Guatemala is the largest economy in Central America, with agriculture (coffee, sugar, bananas, cardamom) accounting for a significant share of exports. The quetzal has maintained relative stability compared to many Latin American currencies.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).