Convert Panamanian Balboa to Guatemalan Quetzal
Please provide values below to convert Panamanian Balboa [PAB] to Guatemalan Quetzal [GTQ], or Convert Guatemalan Quetzal to Panamanian Balboa.
1 PAB = 0.1302982527 GTQ. To convert Panamanian Balboa to Guatemalan Quetzal, multiply the value by 0.1302982527; to go the other way, divide by it (1 GTQ = 7.6747 PAB). Both units measure currency and appear in everyday as well as technical calculations, so switching between them quickly is often useful.
Quick Reference
- 1 PAB = 0.1302982527 GTQ
- 1 GTQ = 7.6747 PAB
- 10 PAB = 1.302982527 GTQ
- 100 PAB = 13.02982527 GTQ
How to Convert Panamanian Balboa to Guatemalan Quetzal
1 PAB = 0.130298252700431 GTQ
Example: convert 15 PAB to GTQ:
15 PAB = 15 × 0.130298252700431 GTQ = 1.95447379050647 GTQ
Panamanian Balboa to Guatemalan Quetzal Conversion Table
| Panamanian Balboa | Guatemalan Quetzal |
|---|---|
| 1 PAB | 0.1302982527 GTQ |
| 2 PAB | 0.260596505401 GTQ |
| 3 PAB | 0.390894758101 GTQ |
| 5 PAB | 0.651491263502 GTQ |
| 10 PAB | 1.302982527 GTQ |
| 20 PAB | 2.60596505401 GTQ |
| 50 PAB | 6.51491263502 GTQ |
| 100 PAB | 13.02982527 GTQ |
| 500 PAB | 65.1491263502 GTQ |
| 1000 PAB | 130.2982527 GTQ |
Panamanian Balboa
The Panamanian Balboa (PAB) is the official currency of Panama, subdivided into 100 centésimos, used primarily for coinage alongside the US dollar.
History/Origin
Introduced in 1904, the Balboa was established as Panama's official currency to promote national identity, initially backed by gold, but since 1941 it has been pegged at par to the US dollar, which is also widely accepted in the country.
Current Use
Today, the Balboa is mainly used for coinage and official transactions within Panama, with the US dollar serving as the primary currency for most practical purposes, including banking and commerce.
Guatemalan Quetzal
The Guatemalan Quetzal (GTQ) is the official currency of Guatemala, used for all monetary transactions within the country.
History/Origin
The Quetzal was introduced as the official currency of Guatemala in 1925, replacing the Guatemalan peso. It was named after the quetzal bird, a symbol of liberty in Guatemala, and was initially pegged to the US dollar. The currency has undergone various reforms and decimalization since its inception.
Current Use
Today, the GTQ is widely used throughout Guatemala for everyday transactions, banking, and trade. It is managed by the Bank of Guatemala and remains the country's legal tender.
Frequently Asked Questions
What is 1 Panamanian Balboa in Guatemalan Quetzal?
1 Panamanian Balboa (PAB) = 0.1302982527 Guatemalan Quetzal (GTQ).
How do you convert Panamanian Balboa to Guatemalan Quetzal?
Multiply the Panamanian Balboa value by 0.1302982527. For example, 25 PAB × 0.1302982527 = 3.25745631751 GTQ.
What is 10 Panamanian Balboa in Guatemalan Quetzal?
10 PAB = 1.302982527 GTQ.
Which unit is larger, the Panamanian Balboa or the Guatemalan Quetzal?
The Guatemalan Quetzal is the larger unit: 1 PAB equals only 0.1302982527 GTQ.