Guatemalan quetzal
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1 GTQ = 0.193 AUD
1 AUD = 5.172 GTQ
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1 GTQ = 46.040 ARS
1 ARS = 0.022 GTQ
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1 GTQ = 363.467 BIF
1 BIF = 0.003 GTQ
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1 GTQ = 0.048 BHD
1 BHD = 20.782 GTQ
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1 GTQ = 0.883 BOB
1 BOB = 1.132 GTQ
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1 GTQ = 0.217 AZN
1 AZN = 4.607 GTQ
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1 GTQ = 10.657 BTN
1 BTN = 0.094 GTQ
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1 GTQ = 67.702 CRC
1 CRC = 0.015 GTQ
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1 GTQ = 2.848 CZK
1 CZK = 0.351 GTQ
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1 GTQ = 0.905 CNY
1 CNY = 1.106 GTQ
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1 GTQ = 0.873 DKK
1 DKK = 1.145 GTQ
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1 GTQ = 7.111 ETB
1 ETB = 0.141 GTQ
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1 GTQ = 1098.768 GNF
1 GNF = 0.001 GTQ
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1 GTQ = 0.883 HRK
1 HRK = 1.133 GTQ
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1 GTQ = 1983.681 IDR
1 IDR = 0.001 GTQ
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1 GTQ = 19.874 JMD
1 JMD = 0.050 GTQ
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1 GTQ = 11.385 KGS
1 KGS = 0.088 GTQ
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1 GTQ = 0.229 BAM
1 BAM = 4.368 GTQ
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1 GTQ = 0.230 ANG
1 ANG = 4.342 GTQ
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1 GTQ = 1.736 BWP
1 BWP = 0.576 GTQ
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1 GTQ = 0.171 BND
1 BND = 5.854 GTQ
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1 GTQ = 347.919 CDF
1 CDF = 0.003 GTQ
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1 GTQ = 0.258 BZD
1 BZD = 3.882 GTQ
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1 GTQ = 4207.214 BYR
1 BYR = 0.000 GTQ
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1 GTQ = 0.229 BGN
1 BGN = 4.368 GTQ
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1 GTQ = 0.173 CAD
1 CAD = 5.782 GTQ
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1 GTQ = 17.190 DZD
1 DZD = 0.058 GTQ
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1 GTQ = 1.915 ERN
1 ERN = 0.522 GTQ
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1 GTQ = 3.946 EGP
1 EGP = 0.253 GTQ
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1 GTQ = 0.285 FJD
1 FJD = 3.509 GTQ
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1 GTQ = 0.101 GBP
1 GBP = 9.895 GTQ
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1 GTQ = 0.101 FKP
1 FKP = 9.895 GTQ
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1 GTQ = 1.000 GTQ
1 GTQ = 1.000 GTQ
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1 GTQ = 0.997 HKD
1 HKD = 1.003 GTQ
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1 GTQ = 44.516 HUF
1 HUF = 0.022 GTQ
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1 GTQ = 167.273 IQD
1 IQD = 0.006 GTQ
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1 GTQ = 5394.880 IRR
1 IRR = 0.000 GTQ
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1 GTQ = 57.284 KMF
1 KMF = 0.017 GTQ
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1 GTQ = 166.806 KRW
1 KRW = 0.006 GTQ
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1 GTQ = 11.888 ALL
1 ALL = 0.084 GTQ
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1 GTQ = 14.089 BDT
1 BDT = 0.071 GTQ
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1 GTQ = 0.230 AWG
1 AWG = 4.351 GTQ
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1 GTQ = 0.629 BRL
1 BRL = 1.590 GTQ
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1 GTQ = 0.001 BCH
1 BCH = 1752.798 GTQ
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1 GTQ = 0.000 BTC
1 BTC = 301211.538 GTQ
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1 GTQ = 0.469 AED
1 AED = 2.133 GTQ
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1 GTQ = 105.700 AOA
1 AOA = 0.009 GTQ
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1 GTQ = 0.128 BSD
1 BSD = 7.832 GTQ
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1 GTQ = 111.179 CLP
1 CLP = 0.009 GTQ
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1 GTQ = 0.421 BYN
1 BYN = 2.375 GTQ
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1 GTQ = 510.458 COP
1 COP = 0.002 GTQ
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1 GTQ = 3.288 CUP
1 CUP = 0.304 GTQ
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1 GTQ = 0.000 ETH
1 ETH = 16418.239 GTQ
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1 GTQ = 0.117 EUR
1 EUR = 8.537 GTQ
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1 GTQ = 3.154 HNL
1 HNL = 0.317 GTQ
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1 GTQ = 8.594 GMD
1 GMD = 0.116 GTQ
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1 GTQ = 0.101 GIP
1 GIP = 9.895 GTQ
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1 GTQ = 16.921 HTG
1 HTG = 0.059 GTQ
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1 GTQ = 0.091 JOD
1 JOD = 11.040 GTQ
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1 GTQ = 18.913 JPY
1 JPY = 0.053 GTQ
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1 GTQ = 8.881 AFN
1 AFN = 0.113 GTQ
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1 GTQ = 0.255 BBD
1 BBD = 3.916 GTQ
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1 GTQ = 0.128 BMD
1 BMD = 7.832 GTQ
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1 GTQ = 51.440 AMD
1 AMD = 0.019 GTQ
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1 GTQ = 0.112 CHF
1 CHF = 8.950 GTQ
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1 GTQ = 22.754 DJF
1 DJF = 0.044 GTQ
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1 GTQ = 7.259 DOP
1 DOP = 0.138 GTQ
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1 GTQ = 12.899 CVE
1 CVE = 0.078 GTQ
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1 GTQ = 0.345 GEL
1 GEL = 2.895 GTQ
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1 GTQ = 1.532 GHS
1 GHS = 0.653 GTQ
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1 GTQ = 26.736 GYD
1 GYD = 0.037 GTQ
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1 GTQ = 0.475 ILS
1 ILS = 2.104 GTQ
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1 GTQ = 10.636 INR
1 INR = 0.094 GTQ
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1 GTQ = 17.685 ISK
1 ISK = 0.057 GTQ
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1 GTQ = 526.081 KHR
1 KHR = 0.002 GTQ
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1 GTQ = 19.575 KES
1 KES = 0.051 GTQ
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1 GTQ = 0.039 KWD
1 KWD = 25.359 GTQ
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1 GTQ = 58.721 KZT
1 KZT = 0.017 GTQ
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1 GTQ = 41.937 LKR
1 LKR = 0.024 GTQ
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1 GTQ = 1.287 MAD
1 MAD = 0.777 GTQ
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1 GTQ = 268.373 MMK
1 MMK = 0.004 GTQ
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1 GTQ = 440.529 MNT
1 MNT = 0.002 GTQ
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1 GTQ = 5.631 MUR
1 MUR = 0.178 GTQ
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1 GTQ = 51.158 MRO
1 MRO = 0.020 GTQ
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1 GTQ = 1.961 MVR
1 MVR = 0.510 GTQ
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1 GTQ = 215.093 MWK
1 MWK = 0.005 GTQ
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1 GTQ = 0.207 NZD
1 NZD = 4.826 GTQ
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1 GTQ = 17.052 NPR
1 NPR = 0.059 GTQ
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1 GTQ = 7.083 PHP
1 PHP = 0.141 GTQ
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1 GTQ = 36.421 PKR
1 PKR = 0.027 GTQ
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1 GTQ = 159.101 RWF
1 RWF = 0.006 GTQ
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1 GTQ = 0.002 LTC
1 LTC = 549.965 GTQ
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1 GTQ = 2.220 MXN
1 MXN = 0.451 GTQ
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1 GTQ = 4.696 NIO
1 NIO = 0.213 GTQ
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1 GTQ = 0.582 RON
1 RON = 1.717 GTQ
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1 GTQ = 114.921 KPW
1 KPW = 0.009 GTQ
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1 GTQ = 0.106 KYD
1 KYD = 9.390 GTQ
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1 GTQ = 1919.811 LBP
1 LBP = 0.001 GTQ
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1 GTQ = 0.613 LYD
1 LYD = 1.632 GTQ
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1 GTQ = 2643.172 LAK
1 LAK = 0.000 GTQ
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1 GTQ = 575.241 MGA
1 MGA = 0.002 GTQ
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1 GTQ = 24.025 LRD
1 LRD = 0.042 GTQ
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1 GTQ = 7.214 MKD
1 MKD = 0.139 GTQ
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1 GTQ = 2.404 LSL
1 LSL = 0.416 GTQ
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1 GTQ = 1.028 MOP
1 MOP = 0.973 GTQ
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1 GTQ = 2.268 MDL
1 MDL = 0.441 GTQ
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1 GTQ = 2.404 NAD
1 NAD = 0.416 GTQ
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1 GTQ = 0.597 MYR
1 MYR = 1.675 GTQ
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1 GTQ = 0.049 OMR
1 OMR = 20.342 GTQ
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1 GTQ = 100.891 NGN
1 NGN = 0.010 GTQ
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1 GTQ = 0.483 PGK
1 PGK = 2.071 GTQ
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1 GTQ = 0.128 PAB
1 PAB = 7.832 GTQ
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1 GTQ = 0.477 PEN
1 PEN = 2.095 GTQ
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1 GTQ = 1.379 NOK
1 NOK = 0.725 GTQ
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1 GTQ = 0.510 PLN
1 PLN = 1.961 GTQ
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1 GTQ = 949.570 PYG
1 PYG = 0.001 GTQ
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1 GTQ = 0.465 QAR
1 QAR = 2.151 GTQ
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1 GTQ = 1.083 SBD
1 SBD = 0.923 GTQ
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1 GTQ = 0.479 SAR
1 SAR = 2.088 GTQ
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1 GTQ = 0.171 SGD
1 SGD = 5.854 GTQ
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1 GTQ = 2677.584 SLL
1 SLL = 0.000 GTQ
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1 GTQ = 4.509 THB
1 THB = 0.222 GTQ
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1 GTQ = 4.013 TWD
1 TWD = 0.249 GTQ
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1 GTQ = 4.646 UAH
1 UAH = 0.215 GTQ
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1 GTQ = 487.822 UGX
1 UGX = 0.002 GTQ
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1 GTQ = 4.840 SRD
1 SRD = 0.207 GTQ
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1 GTQ = 2845.151 STD
1 STD = 0.000 GTQ
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1 GTQ = 3.690 TRY
1 TRY = 0.271 GTQ
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1 GTQ = 0.867 TTD
1 TTD = 1.153 GTQ
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1 GTQ = 0.301 TOP
1 TOP = 3.320 GTQ
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1 GTQ = 1569.342 UZS
1 UZS = 0.001 GTQ
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1 GTQ = 31.961 YER
1 YER = 0.031 GTQ
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1 GTQ = 2.406 ZAR
1 ZAR = 0.416 GTQ
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1 GTQ = 13.727 RSD
1 RSD = 0.073 GTQ
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1 GTQ = 11.489 RUB
1 RUB = 0.087 GTQ
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1 GTQ = 72.975 SOS
1 SOS = 0.014 GTQ
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1 GTQ = 1.118 SVC
1 SVC = 0.894 GTQ
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1 GTQ = 320.824 SYP
1 SYP = 0.003 GTQ
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1 GTQ = 2.404 SZL
1 SZL = 0.416 GTQ
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1 GTQ = 0.397 TND
1 TND = 2.519 GTQ
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1 GTQ = 4.994 UYU
1 UYU = 0.200 GTQ
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1 GTQ = 3102.266 VND
1 VND = 0.000 GTQ
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1 GTQ = 15.159 VUV
1 VUV = 0.066 GTQ
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1 GTQ = 0.358 WST
1 WST = 2.797 GTQ
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1 GTQ = 76.840 XAF
1 XAF = 0.013 GTQ
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1 GTQ = 0.345 XCD
1 XCD = 2.898 GTQ
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1 GTQ = 1.688 SCR
1 SCR = 0.592 GTQ
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1 GTQ = 1.338 SEK
1 SEK = 0.747 GTQ
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1 GTQ = 0.101 SHP
1 SHP = 9.895 GTQ
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1 GTQ = 319.862 TZS
1 TZS = 0.003 GTQ
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1 GTQ = 0.128 USD
1 USD = 7.832 GTQ
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1 GTQ = 13.978 XPF
1 XPF = 0.072 GTQ
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1 GTQ = 76.840 XOF
1 XOF = 0.013 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.