Guatemalan quetzal
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1 GTQ = 8.669 AFN
1 AFN = 0.115 GTQ
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1 GTQ = 0.200 AUD
1 AUD = 4.990 GTQ
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1 GTQ = 193.996 ARS
1 ARS = 0.005 GTQ
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1 GTQ = 10.867 ALL
1 ALL = 0.092 GTQ
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1 GTQ = 15.974 BDT
1 BDT = 0.063 GTQ
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1 GTQ = 0.234 AWG
1 AWG = 4.278 GTQ
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1 GTQ = 384.452 BIF
1 BIF = 0.003 GTQ
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1 GTQ = 0.220 BAM
1 BAM = 4.546 GTQ
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1 GTQ = 0.261 BBD
1 BBD = 3.829 GTQ
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1 GTQ = 0.703 BRL
1 BRL = 1.423 GTQ
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1 GTQ = 0.049 BHD
1 BHD = 20.364 GTQ
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1 GTQ = 0.003 BCH
1 BCH = 372.966 GTQ
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1 GTQ = 0.902 BOB
1 BOB = 1.109 GTQ
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1 GTQ = 0.235 ANG
1 ANG = 4.254 GTQ
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1 GTQ = 0.000 BTC
1 BTC = 850777.778 GTQ
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1 GTQ = 0.480 AED
1 AED = 2.085 GTQ
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1 GTQ = 119.485 AOA
1 AOA = 0.008 GTQ
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1 GTQ = 0.131 BSD
1 BSD = 7.657 GTQ
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1 GTQ = 0.131 BMD
1 BMD = 7.657 GTQ
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1 GTQ = 0.222 AZN
1 AZN = 4.504 GTQ
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1 GTQ = 11.468 BTN
1 BTN = 0.087 GTQ
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1 GTQ = 49.812 AMD
1 AMD = 0.020 GTQ
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1 GTQ = 1.838 BWP
1 BWP = 0.544 GTQ
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1 GTQ = 0.170 BND
1 BND = 5.896 GTQ
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1 GTQ = 297.587 CDF
1 CDF = 0.003 GTQ
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1 GTQ = 0.263 BZD
1 BZD = 3.806 GTQ
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1 GTQ = 4446.637 BYR
1 BYR = 0.000 GTQ
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1 GTQ = 0.104 CHF
1 CHF = 9.624 GTQ
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1 GTQ = 123.618 CLP
1 CLP = 0.008 GTQ
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1 GTQ = 0.220 BGN
1 BGN = 4.546 GTQ
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1 GTQ = 65.591 CRC
1 CRC = 0.015 GTQ
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1 GTQ = 0.445 BYN
1 BYN = 2.249 GTQ
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1 GTQ = 506.791 COP
1 COP = 0.002 GTQ
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1 GTQ = 0.183 CAD
1 CAD = 5.472 GTQ
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1 GTQ = 3.131 CUP
1 CUP = 0.319 GTQ
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1 GTQ = 2.736 CZK
1 CZK = 0.366 GTQ
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1 GTQ = 0.930 CNY
1 CNY = 1.075 GTQ
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1 GTQ = 23.252 DJF
1 DJF = 0.043 GTQ
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1 GTQ = 8.334 DOP
1 DOP = 0.120 GTQ
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1 GTQ = 0.840 DKK
1 DKK = 1.190 GTQ
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1 GTQ = 12.402 CVE
1 CVE = 0.081 GTQ
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1 GTQ = 17.037 DZD
1 DZD = 0.059 GTQ
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1 GTQ = 1.959 ERN
1 ERN = 0.510 GTQ
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1 GTQ = 6.209 EGP
1 EGP = 0.161 GTQ
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1 GTQ = 19.700 ETB
1 ETB = 0.051 GTQ
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1 GTQ = 0.000 ETH
1 ETH = 30027.451 GTQ
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1 GTQ = 0.356 GEL
1 GEL = 2.812 GTQ
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1 GTQ = 0.300 FJD
1 FJD = 3.331 GTQ
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1 GTQ = 0.098 GBP
1 GBP = 10.197 GTQ
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1 GTQ = 1.410 GHS
1 GHS = 0.709 GTQ
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1 GTQ = 0.098 FKP
1 FKP = 10.197 GTQ
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1 GTQ = 0.112 EUR
1 EUR = 8.891 GTQ
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1 GTQ = 1133.140 GNF
1 GNF = 0.001 GTQ
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1 GTQ = 3.431 HNL
1 HNL = 0.291 GTQ
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1 GTQ = 9.540 GMD
1 GMD = 0.105 GTQ
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1 GTQ = 0.098 GIP
1 GIP = 10.197 GTQ
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1 GTQ = 1.000 GTQ
1 GTQ = 1.000 GTQ
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1 GTQ = 1.015 HKD
1 HKD = 0.985 GTQ
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1 GTQ = 27.299 GYD
1 GYD = 0.037 GTQ
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1 GTQ = 17.092 HTG
1 HTG = 0.059 GTQ
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1 GTQ = 0.847 HRK
1 HRK = 1.180 GTQ
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1 GTQ = 43.941 HUF
1 HUF = 0.023 GTQ
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1 GTQ = 2168.617 IDR
1 IDR = 0.000 GTQ
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1 GTQ = 0.430 ILS
1 ILS = 2.327 GTQ
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1 GTQ = 171.289 IQD
1 IQD = 0.006 GTQ
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1 GTQ = 11.468 INR
1 INR = 0.087 GTQ
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1 GTQ = 5489.709 IRR
1 IRR = 0.000 GTQ
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1 GTQ = 15.993 ISK
1 ISK = 0.063 GTQ
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1 GTQ = 20.951 JMD
1 JMD = 0.048 GTQ
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1 GTQ = 0.093 JOD
1 JOD = 10.800 GTQ
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1 GTQ = 19.932 JPY
1 JPY = 0.050 GTQ
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1 GTQ = 11.423 KGS
1 KGS = 0.088 GTQ
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1 GTQ = 527.073 KHR
1 KHR = 0.002 GTQ
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1 GTQ = 16.860 KES
1 KES = 0.059 GTQ
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1 GTQ = 55.331 KMF
1 KMF = 0.018 GTQ
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1 GTQ = 187.713 KRW
1 KRW = 0.005 GTQ
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1 GTQ = 0.040 KWD
1 KWD = 24.973 GTQ
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1 GTQ = 117.538 KPW
1 KPW = 0.009 GTQ
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1 GTQ = 0.109 KYD
1 KYD = 9.212 GTQ
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1 GTQ = 70.197 KZT
1 KZT = 0.014 GTQ
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1 GTQ = 11704.728 LBP
1 LBP = 0.000 GTQ
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1 GTQ = 39.574 LKR
1 LKR = 0.025 GTQ
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1 GTQ = 2831.422 LAK
1 LAK = 0.000 GTQ
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1 GTQ = 23.880 LRD
1 LRD = 0.042 GTQ
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1 GTQ = 2.261 LSL
1 LSL = 0.442 GTQ
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1 GTQ = 0.001 LTC
1 LTC = 725.163 GTQ
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1 GTQ = 0.710 LYD
1 LYD = 1.408 GTQ
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1 GTQ = 2.215 MDL
1 MDL = 0.451 GTQ
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1 GTQ = 1.206 MAD
1 MAD = 0.829 GTQ
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1 GTQ = 584.465 MGA
1 MGA = 0.002 GTQ
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1 GTQ = 6.932 MKD
1 MKD = 0.144 GTQ
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1 GTQ = 274.212 MMK
1 MMK = 0.004 GTQ
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1 GTQ = 469.549 MNT
1 MNT = 0.002 GTQ
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1 GTQ = 1.045 MOP
1 MOP = 0.957 GTQ
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1 GTQ = 5.946 MUR
1 MUR = 0.168 GTQ
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1 GTQ = 52.302 MRO
1 MRO = 0.019 GTQ
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1 GTQ = 2.012 MVR
1 MVR = 0.497 GTQ
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1 GTQ = 226.651 MWK
1 MWK = 0.004 GTQ
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1 GTQ = 2.403 MXN
1 MXN = 0.416 GTQ
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1 GTQ = 0.552 MYR
1 MYR = 1.811 GTQ
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1 GTQ = 2.261 NAD
1 NAD = 0.442 GTQ
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1 GTQ = 190.913 NGN
1 NGN = 0.005 GTQ
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1 GTQ = 4.801 NIO
1 NIO = 0.208 GTQ
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1 GTQ = 0.227 NZD
1 NZD = 4.406 GTQ
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1 GTQ = 0.050 OMR
1 OMR = 19.897 GTQ
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1 GTQ = 0.549 PGK
1 PGK = 1.822 GTQ
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1 GTQ = 18.357 NPR
1 NPR = 0.054 GTQ
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1 GTQ = 0.131 PAB
1 PAB = 7.657 GTQ
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1 GTQ = 7.655 PHP
1 PHP = 0.131 GTQ
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1 GTQ = 1.304 NOK
1 NOK = 0.767 GTQ
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1 GTQ = 0.443 PEN
1 PEN = 2.257 GTQ
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1 GTQ = 36.898 PKR
1 PKR = 0.027 GTQ
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1 GTQ = 0.476 PLN
1 PLN = 2.102 GTQ
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1 GTQ = 923.439 PYG
1 PYG = 0.001 GTQ
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1 GTQ = 0.475 QAR
1 QAR = 2.104 GTQ
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1 GTQ = 0.572 RON
1 RON = 1.749 GTQ
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1 GTQ = 189.307 RWF
1 RWF = 0.005 GTQ
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1 GTQ = 13.183 RSD
1 RSD = 0.076 GTQ
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1 GTQ = 1.107 SBD
1 SBD = 0.904 GTQ
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1 GTQ = 0.490 SAR
1 SAR = 2.042 GTQ
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1 GTQ = 1.839 SCR
1 SCR = 0.544 GTQ
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1 GTQ = 10.614 RUB
1 RUB = 0.094 GTQ
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1 GTQ = 1.228 SEK
1 SEK = 0.815 GTQ
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1 GTQ = 0.170 SGD
1 SGD = 5.896 GTQ
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1 GTQ = 0.098 SHP
1 SHP = 10.197 GTQ
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1 GTQ = 3018.297 SLL
1 SLL = 0.000 GTQ
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1 GTQ = 74.286 SOS
1 SOS = 0.013 GTQ
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1 GTQ = 5.191 SRD
1 SRD = 0.193 GTQ
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1 GTQ = 1.143 SVC
1 SVC = 0.875 GTQ
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1 GTQ = 2775.800 STD
1 STD = 0.000 GTQ
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1 GTQ = 1444.025 SYP
1 SYP = 0.001 GTQ
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1 GTQ = 2.261 SZL
1 SZL = 0.442 GTQ
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1 GTQ = 0.384 TND
1 TND = 2.607 GTQ
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1 GTQ = 4.281 THB
1 THB = 0.234 GTQ
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1 GTQ = 5.483 TRY
1 TRY = 0.182 GTQ
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1 GTQ = 0.886 TTD
1 TTD = 1.129 GTQ
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1 GTQ = 4.019 TWD
1 TWD = 0.249 GTQ
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1 GTQ = 324.638 TZS
1 TZS = 0.003 GTQ
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1 GTQ = 0.314 TOP
1 TOP = 3.188 GTQ
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1 GTQ = 5.470 UAH
1 UAH = 0.183 GTQ
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1 GTQ = 455.746 UGX
1 UGX = 0.002 GTQ
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1 GTQ = 5.193 UYU
1 UYU = 0.193 GTQ
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1 GTQ = 0.131 USD
1 USD = 7.657 GTQ
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1 GTQ = 1580.932 UZS
1 UZS = 0.001 GTQ
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1 GTQ = 3438.749 VND
1 VND = 0.000 GTQ
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1 GTQ = 15.929 VUV
1 VUV = 0.063 GTQ
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1 GTQ = 0.367 WST
1 WST = 2.728 GTQ
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1 GTQ = 73.776 XAF
1 XAF = 0.014 GTQ
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1 GTQ = 0.354 XCD
1 XCD = 2.828 GTQ
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1 GTQ = 13.422 XPF
1 XPF = 0.075 GTQ
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1 GTQ = 31.204 YER
1 YER = 0.032 GTQ
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1 GTQ = 2.261 ZAR
1 ZAR = 0.442 GTQ
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1 GTQ = 73.776 XOF
1 XOF = 0.014 GTQ
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Evolution of the GTQ Exchange Rate
The Guatemalan quetzal (GTQ) exchange rate has undergone various changes over time. Since its introduction in 1925, the quetzal has experienced both appreciations and depreciations against major currencies. In the early years following its introduction, the GTQ was pegged to the US dollar at a fixed rate. However, in 1985, the quetzal faced significant devaluations due to economic crises. Since then, the GTQ exchange rate has been allowed to float with its value determined by market forces.
Variations in the GTQ Exchange Rate
The GTQ exchange rate has experienced fluctuations against major currencies such as the US dollar, euro, and other Latin American currencies. These variations are influenced by factors such as Guatemala's economic performance, political stability, foreign investment, and global market trends. The GTQ exchange rate may appreciate during periods of economic growth and stability, and depreciate during times of economic uncertainty, inflation, or political instability.
Significance of GTQ in the Global Economy
While the Guatemalan quetzal is not a globally significant currency, it plays a crucial role in the regional economy. As Central America's largest economy, Guatemala's currency and exchange rate impact trade and investment within the region. The GTQ exchange rate can influence import and export competitiveness, foreign direct investment, and tourism. Additionally, remittances from Guatemalans working abroad, mainly in the United States, contribute to the country's foreign exchange reserves.
Shocks Experienced by GTQ and Correlation with Other Currencies
The GTQ exchange rate is susceptible to various shocks, including economic, political, and external factors. For example, natural disasters such as hurricanes or volcanic eruptions can disrupt the economy and affect the value of the quetzal. Additionally, changes in global commodity prices, interest rates, and investor sentiment towards emerging markets can impact the GTQ exchange rate. The correlation between GTQ and other currencies is influenced by factors such as trade flows, regional economic integration, and external shocks. Generally, the GTQ exchange rate exhibits a positive correlation with other regional currencies and major currencies like the US dollar.