Usd Converter
Convert Usd to Gtq and more • 166 conversions
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Unit Explanations
United States Dollar$
Source UnitThe United States Dollar (USD) is the official currency of the United States, recognized as a legal tender in various territories and widely accepted internationally. It is subdivided into 100 smaller units called cents. The dollar is denoted by the symbol '$' and is one of the most traded currencies globally, often used as a benchmark for other currencies. Its value is influenced by various factors including economic indicators, interest rates, and geopolitical stability. As a fiat currency, the USD is not backed by a physical commodity but rather the trust in the U.S. government and economy, making it a crucial component of the global financial system, utilized in both domestic and international transactions.
Current Use
The U.S. dollar is not only the official currency of the United States but also plays a dominant role in the global economy. As the primary reserve currency held by many countries, it is used in international transactions, trade agreements, and as a benchmark for other currencies. The dollar is widely accepted for transactions in various sectors such as finance, trade, and tourism, making it a preferred currency for global commerce. It is commonly used in international markets for commodities such as oil and gold, and many countries peg their local currencies to the dollar to stabilize their economies. The dollar is also utilized in remittances, with millions of people sending money across borders in USD.
Fun Fact
The U.S. dollar is the most widely used currency for global trade.
Guatemalan QuetzalGTQ
Target UnitThe Guatemalan Quetzal (GTQ) is the official currency of Guatemala, symbolized as Q. It is subdivided into 100 centavos and was introduced in 1925, replacing the Guatemalan peso. The currency is named after the quetzal bird, which is a national symbol of Guatemala. The Bank of Guatemala is responsible for issuing and regulating the currency, ensuring its stability and integrity. The Quetzal has been pegged to the US dollar at various times and is widely accepted throughout the country for all transactions.
Current Use
The Guatemalan Quetzal is used as the primary medium of exchange in Guatemala, facilitating commerce and trade. It is accepted for all local transactions, including retail, service payments, and government fees. The currency is also available for exchange in international markets, allowing for trade and investment opportunities. While the US dollar is also commonly used, especially in tourist areas, the quetzal remains central to the Guatemalan economy.
Fun Fact
The quetzal is not only the currency but also the name of Guatemala's national bird.
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📐Conversion Formula
= × 1.00000How to Convert
To convert to , multiply the value by 1.00000. This conversion factor represents the ratio between these two units.
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💡 Pro Tip: For the reverse conversion ( → ), divide by the conversion factor instead of multiplying.
United States Dollar
currency • Non-SI
Definition
The United States Dollar (USD) is the official currency of the United States, recognized as a legal tender in various territories and widely accepted internationally. It is subdivided into 100 smaller units called cents. The dollar is denoted by the symbol '$' and is one of the most traded currencies globally, often used as a benchmark for other currencies. Its value is influenced by various factors including economic indicators, interest rates, and geopolitical stability. As a fiat currency, the USD is not backed by a physical commodity but rather the trust in the U.S. government and economy, making it a crucial component of the global financial system, utilized in both domestic and international transactions.
History & Origin
The United States Dollar has its origins in the Spanish dollar, which was widely used in the Americas during the colonial period. The first official dollar was issued by the Continental Congress in 1775 during the American Revolutionary War. The Coinage Act of 1792 established the U.S. dollar as the country's standard unit of money, allowing for the production of coins in various denominations. The dollar was initially defined in terms of specific weights of silver and gold, reflecting the bimetallic standard prevalent at the time, leading to the establishment of the U.S. Mint for the purpose of producing coinage.
Etymology: The term 'dollar' comes from the German word 'Thaler', which referred to a silver coin that was minted in the 16th century.
Current Use
The U.S. dollar is not only the official currency of the United States but also plays a dominant role in the global economy. As the primary reserve currency held by many countries, it is used in international transactions, trade agreements, and as a benchmark for other currencies. The dollar is widely accepted for transactions in various sectors such as finance, trade, and tourism, making it a preferred currency for global commerce. It is commonly used in international markets for commodities such as oil and gold, and many countries peg their local currencies to the dollar to stabilize their economies. The dollar is also utilized in remittances, with millions of people sending money across borders in USD.
💡 Fun Facts
- •The U.S. dollar is the most widely used currency for global trade.
- •More than 60% of all foreign exchange reserves are held in USD.
- •The design of the dollar bill has not changed significantly since 1929.
📏 Real-World Examples
🔗 Related Units
Guatemalan Quetzal
currency • Non-SI
Definition
The Guatemalan Quetzal (GTQ) is the official currency of Guatemala, symbolized as Q. It is subdivided into 100 centavos and was introduced in 1925, replacing the Guatemalan peso. The currency is named after the quetzal bird, which is a national symbol of Guatemala. The Bank of Guatemala is responsible for issuing and regulating the currency, ensuring its stability and integrity. The Quetzal has been pegged to the US dollar at various times and is widely accepted throughout the country for all transactions.
History & Origin
The Guatemalan Quetzal was introduced in 1925, replacing the Guatemalan peso. The currency was named after the quetzal bird, which is a significant symbol in Guatemalan culture and history. The decision to adopt the quetzal was influenced by a desire to establish a national currency that reflected Guatemala's identity and independence. The currency has undergone several changes over the decades, particularly in its design and security features.
Etymology: The name 'Quetzal' is derived from the Nahuatl word 'quetzalli', meaning 'precious feather', which reflects the vibrant feathers of the quetzal bird.
Current Use
The Guatemalan Quetzal is used as the primary medium of exchange in Guatemala, facilitating commerce and trade. It is accepted for all local transactions, including retail, service payments, and government fees. The currency is also available for exchange in international markets, allowing for trade and investment opportunities. While the US dollar is also commonly used, especially in tourist areas, the quetzal remains central to the Guatemalan economy.
💡 Fun Facts
- •The quetzal is not only the currency but also the name of Guatemala's national bird.
- •The Guatemalan Quetzal was pegged to the US dollar at various points, influencing its exchange rate.
- •The currency features images of notable Guatemalan historical figures and cultural symbols.
📏 Real-World Examples
🔗 Related Units
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Frequently Asked Questions
How do I convert to ?▼
To convert to , multiply your value by 1. For example, 10 equals 10 .
What is the formula for to conversion?▼
The formula is: = × 1. This conversion factor is based on international standards.
Is this to converter accurate?▼
Yes! MetricConv uses internationally standardized conversion factors from organizations like NIST and ISO. Our calculations support up to 15 decimal places of precision, making it suitable for scientific, engineering, and everyday calculations.
Can I convert back to ?▼
Absolutely! You can use the swap button (⇄) in the converter above to reverse the conversion direction, or visit our to converter.