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Easily convert GTQ to XAF with ConvertOnline's efficient tool.
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 CFA Franc BEAC (XAF) is the currency used by six Central African countries that are part of the Economic and Monetary Community of Central Africa (CEMAC). It is pegged to the Euro, which helps stabilize its value and facilitate trade within the region and with the Eurozone.