Guatemalan quetzal
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1 GTQ = 0.201 AUD
1 AUD = 4.970 GTQ
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1 GTQ = 177.219 ARS
1 ARS = 0.006 GTQ
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1 GTQ = 385.228 BIF
1 BIF = 0.003 GTQ
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1 GTQ = 0.049 BHD
1 BHD = 20.367 GTQ
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1 GTQ = 0.903 BOB
1 BOB = 1.107 GTQ
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1 GTQ = 0.222 AZN
1 AZN = 4.505 GTQ
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1 GTQ = 11.594 BTN
1 BTN = 0.086 GTQ
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1 GTQ = 65.746 CRC
1 CRC = 0.015 GTQ
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1 GTQ = 2.736 CZK
1 CZK = 0.365 GTQ
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1 GTQ = 0.932 CNY
1 CNY = 1.073 GTQ
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1 GTQ = 0.840 DKK
1 DKK = 1.190 GTQ
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1 GTQ = 19.223 ETB
1 ETB = 0.052 GTQ
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1 GTQ = 1133.118 GNF
1 GNF = 0.001 GTQ
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1 GTQ = 0.917 HRK
1 HRK = 1.091 GTQ
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1 GTQ = 2166.987 IDR
1 IDR = 0.000 GTQ
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1 GTQ = 20.995 JMD
1 JMD = 0.048 GTQ
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1 GTQ = 11.421 KGS
1 KGS = 0.088 GTQ
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1 GTQ = 0.220 BAM
1 BAM = 4.544 GTQ
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1 GTQ = 0.235 ANG
1 ANG = 4.252 GTQ
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1 GTQ = 1.754 BWP
1 BWP = 0.570 GTQ
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1 GTQ = 0.170 BND
1 BND = 5.898 GTQ
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1 GTQ = 293.384 CDF
1 CDF = 0.003 GTQ
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1 GTQ = 0.263 BZD
1 BZD = 3.805 GTQ
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1 GTQ = 4446.592 BYR
1 BYR = 0.000 GTQ
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1 GTQ = 0.220 BGN
1 BGN = 4.544 GTQ
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1 GTQ = 0.183 CAD
1 CAD = 5.455 GTQ
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1 GTQ = 17.025 DZD
1 DZD = 0.059 GTQ
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1 GTQ = 1.959 ERN
1 ERN = 0.511 GTQ
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1 GTQ = 6.225 EGP
1 EGP = 0.161 GTQ
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1 GTQ = 0.297 FJD
1 FJD = 3.363 GTQ
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1 GTQ = 0.098 GBP
1 GBP = 10.201 GTQ
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1 GTQ = 0.098 FKP
1 FKP = 10.201 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 = 44.081 HUF
1 HUF = 0.023 GTQ
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1 GTQ = 171.068 IQD
1 IQD = 0.006 GTQ
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1 GTQ = 5498.314 IRR
1 IRR = 0.000 GTQ
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1 GTQ = 55.351 KMF
1 KMF = 0.018 GTQ
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1 GTQ = 186.782 KRW
1 KRW = 0.005 GTQ
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1 GTQ = 10.873 ALL
1 ALL = 0.092 GTQ
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1 GTQ = 15.904 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 = 0.716 BRL
1 BRL = 1.397 GTQ
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1 GTQ = 0.002 BCH
1 BCH = 409.772 GTQ
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1 GTQ = 0.000 BTC
1 BTC = 850868.889 GTQ
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1 GTQ = 0.480 AED
1 AED = 2.085 GTQ
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1 GTQ = 119.860 AOA
1 AOA = 0.008 GTQ
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1 GTQ = 0.131 BSD
1 BSD = 7.658 GTQ
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1 GTQ = 125.535 CLP
1 CLP = 0.008 GTQ
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1 GTQ = 0.445 BYN
1 BYN = 2.249 GTQ
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1 GTQ = 512.586 COP
1 COP = 0.002 GTQ
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1 GTQ = 3.133 CUP
1 CUP = 0.319 GTQ
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1 GTQ = 0.000 ETH
1 ETH = 31513.663 GTQ
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1 GTQ = 0.113 EUR
1 EUR = 8.888 GTQ
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1 GTQ = 3.425 HNL
1 HNL = 0.292 GTQ
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1 GTQ = 9.536 GMD
1 GMD = 0.105 GTQ
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1 GTQ = 0.098 GIP
1 GIP = 10.201 GTQ
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1 GTQ = 17.099 HTG
1 HTG = 0.058 GTQ
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1 GTQ = 0.093 JOD
1 JOD = 10.801 GTQ
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1 GTQ = 19.817 JPY
1 JPY = 0.050 GTQ
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1 GTQ = 8.658 AFN
1 AFN = 0.116 GTQ
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1 GTQ = 0.261 BBD
1 BBD = 3.829 GTQ
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1 GTQ = 0.131 BMD
1 BMD = 7.658 GTQ
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1 GTQ = 49.775 AMD
1 AMD = 0.020 GTQ
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1 GTQ = 0.105 CHF
1 CHF = 9.559 GTQ
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1 GTQ = 23.230 DJF
1 DJF = 0.043 GTQ
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1 GTQ = 8.239 DOP
1 DOP = 0.121 GTQ
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1 GTQ = 12.406 CVE
1 CVE = 0.081 GTQ
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1 GTQ = 0.354 GEL
1 GEL = 2.828 GTQ
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1 GTQ = 1.480 GHS
1 GHS = 0.675 GTQ
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1 GTQ = 27.314 GYD
1 GYD = 0.037 GTQ
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1 GTQ = 0.433 ILS
1 ILS = 2.312 GTQ
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1 GTQ = 11.594 INR
1 INR = 0.086 GTQ
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1 GTQ = 15.933 ISK
1 ISK = 0.063 GTQ
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1 GTQ = 525.122 KHR
1 KHR = 0.002 GTQ
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1 GTQ = 16.870 KES
1 KES = 0.059 GTQ
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1 GTQ = 0.040 KWD
1 KWD = 24.957 GTQ
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1 GTQ = 70.353 KZT
1 KZT = 0.014 GTQ
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1 GTQ = 39.524 LKR
1 LKR = 0.025 GTQ
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1 GTQ = 1.197 MAD
1 MAD = 0.835 GTQ
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1 GTQ = 274.096 MMK
1 MMK = 0.004 GTQ
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1 GTQ = 469.652 MNT
1 MNT = 0.002 GTQ
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1 GTQ = 5.932 MUR
1 MUR = 0.169 GTQ
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1 GTQ = 52.267 MRO
1 MRO = 0.019 GTQ
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1 GTQ = 2.013 MVR
1 MVR = 0.497 GTQ
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1 GTQ = 226.753 MWK
1 MWK = 0.004 GTQ
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1 GTQ = 0.228 NZD
1 NZD = 4.377 GTQ
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1 GTQ = 18.559 NPR
1 NPR = 0.054 GTQ
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1 GTQ = 7.599 PHP
1 PHP = 0.132 GTQ
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1 GTQ = 36.897 PKR
1 PKR = 0.027 GTQ
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1 GTQ = 189.366 RWF
1 RWF = 0.005 GTQ
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1 GTQ = 0.013 LTC
1 LTC = 74.864 GTQ
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1 GTQ = 2.416 MXN
1 MXN = 0.414 GTQ
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1 GTQ = 4.794 NIO
1 NIO = 0.209 GTQ
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1 GTQ = 0.573 RON
1 RON = 1.746 GTQ
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1 GTQ = 117.528 KPW
1 KPW = 0.009 GTQ
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1 GTQ = 0.109 KYD
1 KYD = 9.209 GTQ
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1 GTQ = 11709.116 LBP
1 LBP = 0.000 GTQ
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1 GTQ = 0.710 LYD
1 LYD = 1.408 GTQ
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1 GTQ = 2832.333 LAK
1 LAK = 0.000 GTQ
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1 GTQ = 585.351 MGA
1 MGA = 0.002 GTQ
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1 GTQ = 23.933 LRD
1 LRD = 0.042 GTQ
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1 GTQ = 6.934 MKD
1 MKD = 0.144 GTQ
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1 GTQ = 2.269 LSL
1 LSL = 0.441 GTQ
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1 GTQ = 1.046 MOP
1 MOP = 0.956 GTQ
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1 GTQ = 2.211 MDL
1 MDL = 0.452 GTQ
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1 GTQ = 2.269 NAD
1 NAD = 0.441 GTQ
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1 GTQ = 0.552 MYR
1 MYR = 1.810 GTQ
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1 GTQ = 0.050 OMR
1 OMR = 19.904 GTQ
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1 GTQ = 190.721 NGN
1 NGN = 0.005 GTQ
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1 GTQ = 0.550 PGK
1 PGK = 1.819 GTQ
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1 GTQ = 0.131 PAB
1 PAB = 7.658 GTQ
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1 GTQ = 0.447 PEN
1 PEN = 2.236 GTQ
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1 GTQ = 1.326 NOK
1 NOK = 0.754 GTQ
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1 GTQ = 0.480 PLN
1 PLN = 2.085 GTQ
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1 GTQ = 918.690 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 = 1.110 SBD
1 SBD = 0.901 GTQ
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1 GTQ = 0.490 SAR
1 SAR = 2.042 GTQ
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1 GTQ = 0.170 SGD
1 SGD = 5.898 GTQ
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1 GTQ = 2964.081 SLL
1 SLL = 0.000 GTQ
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1 GTQ = 4.268 THB
1 THB = 0.234 GTQ
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1 GTQ = 4.008 TWD
1 TWD = 0.249 GTQ
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1 GTQ = 5.452 UAH
1 UAH = 0.183 GTQ
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1 GTQ = 449.679 UGX
1 UGX = 0.002 GTQ
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1 GTQ = 5.082 SRD
1 SRD = 0.197 GTQ
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1 GTQ = 2795.574 STD
1 STD = 0.000 GTQ
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1 GTQ = 5.463 TRY
1 TRY = 0.183 GTQ
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1 GTQ = 0.886 TTD
1 TTD = 1.128 GTQ
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1 GTQ = 0.314 TOP
1 TOP = 3.181 GTQ
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1 GTQ = 1593.234 UZS
1 UZS = 0.001 GTQ
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1 GTQ = 31.183 YER
1 YER = 0.032 GTQ
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1 GTQ = 2.269 ZAR
1 ZAR = 0.441 GTQ
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1 GTQ = 13.182 RSD
1 RSD = 0.076 GTQ
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1 GTQ = 10.382 RUB
1 RUB = 0.096 GTQ
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1 GTQ = 74.683 SOS
1 SOS = 0.013 GTQ
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1 GTQ = 1.143 SVC
1 SVC = 0.875 GTQ
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1 GTQ = 1697.911 SYP
1 SYP = 0.001 GTQ
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1 GTQ = 2.269 SZL
1 SZL = 0.441 GTQ
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1 GTQ = 0.383 TND
1 TND = 2.610 GTQ
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1 GTQ = 5.236 UYU
1 UYU = 0.191 GTQ
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1 GTQ = 3440.705 VND
1 VND = 0.000 GTQ
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1 GTQ = 16.069 VUV
1 VUV = 0.062 GTQ
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1 GTQ = 0.366 WST
1 WST = 2.731 GTQ
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1 GTQ = 73.802 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 = 1.848 SCR
1 SCR = 0.541 GTQ
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1 GTQ = 1.244 SEK
1 SEK = 0.804 GTQ
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1 GTQ = 0.098 SHP
1 SHP = 10.201 GTQ
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1 GTQ = 320.112 TZS
1 TZS = 0.003 GTQ
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1 GTQ = 0.131 USD
1 USD = 7.658 GTQ
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1 GTQ = 13.426 XPF
1 XPF = 0.074 GTQ
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1 GTQ = 73.802 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.