Convert Guatemalan Quetzal to Brazilian Real
Convert Guatemalan Quetzal (GTQ) to Brazilian Real (BRL) using daily updated exchange rates.
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Exchange Rate
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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.
About Brazilian Real
The Brazilian Real (BRL) was introduced on 1 July 1994 as a cornerstone of the Plano Real economic stabilisation programme, which successfully ended decades of hyperinflation that had reached over 2,000% annually. The name "real" means "royal" in Portuguese and also "real" as in genuine. The Banco Central do Brasil manages monetary policy. Brazil has the largest economy in Latin America and the ninth largest globally. The real is divided into 100 centavos. The BRL is one of the most important emerging market currencies and is heavily traded in global forex markets.
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).