Convert Guatemalan Quetzal to Mozambican Metical
Convert Guatemalan Quetzal (GTQ) to Mozambican Metical (MZN) using daily updated exchange rates.
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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 Mozambican Metical
The Mozambican Metical (MZN) was reintroduced in 2006 at a rate of 1,000 old meticals to 1 new metical following years of inflation after Mozambique's devastating civil war that ended in 1992. The Banco de Mocambique manages monetary policy. Mozambique is a rapidly developing East African country with significant natural resources - offshore natural gas fields discovered in the Rovuma Basin are among the world's largest, positioning Mozambique for major LNG exports. The country also exports prawns, coal, aluminium, and cashew nuts. The metical is divided into 100 centavos.
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).