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The Guatemalan Quetzal (GTQ) is the official currency of Guatemala, named after the national bird, the quetzal, which symbolizes freedom. It was introduced in 1925, replacing the Guatemalan peso, and is subdivided into 100 centavos. The currency plays a crucial role in facilitating trade and economic stability within the country.
The Brazilian Real (BRL) is the official currency of Brazil, introduced in 1994 as part of a broader economic reform to stabilize the country's economy. It is subdivided into 100 centavos and is symbolized by 'R$'. The Real is used for all monetary transactions within Brazil and serves as a key component in the nationâs trade and economic activities.