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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 Paraguayan Guaraní (PYG) is the official currency of Paraguay, serving as a medium of exchange for goods and services in the country. It is subdivided into 100 centavos and is issued by the Central Bank of Paraguay, which regulates its supply and value to maintain economic stability.