Guatemalan quetzal
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1 GTQ = 0.201 AUD
1 AUD = 4.974 GTQ
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1 GTQ = 172.294 ARS
1 ARS = 0.006 GTQ
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1 GTQ = 388.673 BIF
1 BIF = 0.003 GTQ
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1 GTQ = 0.049 BHD
1 BHD = 20.390 GTQ
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1 GTQ = 0.901 BOB
1 BOB = 1.110 GTQ
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1 GTQ = 0.222 AZN
1 AZN = 4.510 GTQ
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1 GTQ = 11.391 BTN
1 BTN = 0.088 GTQ
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1 GTQ = 65.717 CRC
1 CRC = 0.015 GTQ
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1 GTQ = 2.730 CZK
1 CZK = 0.366 GTQ
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1 GTQ = 0.935 CNY
1 CNY = 1.070 GTQ
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1 GTQ = 0.831 DKK
1 DKK = 1.204 GTQ
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1 GTQ = 18.491 ETB
1 ETB = 0.054 GTQ
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1 GTQ = 1130.963 GNF
1 GNF = 0.001 GTQ
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1 GTQ = 0.838 HRK
1 HRK = 1.193 GTQ
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1 GTQ = 2117.485 IDR
1 IDR = 0.000 GTQ
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1 GTQ = 20.909 JMD
1 JMD = 0.048 GTQ
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1 GTQ = 11.409 KGS
1 KGS = 0.088 GTQ
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1 GTQ = 0.218 BAM
1 BAM = 4.594 GTQ
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1 GTQ = 0.235 ANG
1 ANG = 4.255 GTQ
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1 GTQ = 1.845 BWP
1 BWP = 0.542 GTQ
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1 GTQ = 0.167 BND
1 BND = 5.982 GTQ
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1 GTQ = 378.137 CDF
1 CDF = 0.003 GTQ
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1 GTQ = 0.262 BZD
1 BZD = 3.813 GTQ
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1 GTQ = 4402.204 BYR
1 BYR = 0.000 GTQ
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1 GTQ = 0.218 BGN
1 BGN = 4.594 GTQ
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1 GTQ = 0.180 CAD
1 CAD = 5.546 GTQ
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1 GTQ = 16.920 DZD
1 DZD = 0.059 GTQ
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1 GTQ = 1.957 ERN
1 ERN = 0.511 GTQ
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1 GTQ = 6.326 EGP
1 EGP = 0.158 GTQ
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1 GTQ = 0.295 FJD
1 FJD = 3.387 GTQ
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1 GTQ = 0.096 GBP
1 GBP = 10.369 GTQ
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1 GTQ = 0.096 FKP
1 FKP = 10.369 GTQ
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1 GTQ = 1.000 GTQ
1 GTQ = 1.000 GTQ
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1 GTQ = 1.019 HKD
1 HKD = 0.981 GTQ
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1 GTQ = 43.986 HUF
1 HUF = 0.023 GTQ
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1 GTQ = 170.843 IQD
1 IQD = 0.006 GTQ
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1 GTQ = 5485.398 IRR
1 IRR = 0.000 GTQ
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1 GTQ = 54.749 KMF
1 KMF = 0.018 GTQ
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1 GTQ = 180.406 KRW
1 KRW = 0.006 GTQ
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1 GTQ = 10.854 ALL
1 ALL = 0.092 GTQ
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1 GTQ = 15.857 BDT
1 BDT = 0.063 GTQ
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1 GTQ = 0.233 AWG
1 AWG = 4.283 GTQ
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1 GTQ = 0.707 BRL
1 BRL = 1.414 GTQ
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1 GTQ = 0.000 BCH
1 BCH = 4612.816 GTQ
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1 GTQ = 0.000 BTC
1 BTC = 851833.333 GTQ
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1 GTQ = 0.479 AED
1 AED = 2.088 GTQ
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1 GTQ = 119.335 AOA
1 AOA = 0.008 GTQ
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1 GTQ = 0.130 BSD
1 BSD = 7.667 GTQ
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1 GTQ = 125.384 CLP
1 CLP = 0.008 GTQ
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1 GTQ = 0.440 BYN
1 BYN = 2.272 GTQ
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1 GTQ = 522.901 COP
1 COP = 0.002 GTQ
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1 GTQ = 3.130 CUP
1 CUP = 0.320 GTQ
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1 GTQ = 0.000 ETH
1 ETH = 36681.818 GTQ
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1 GTQ = 0.111 EUR
1 EUR = 8.986 GTQ
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1 GTQ = 3.414 HNL
1 HNL = 0.293 GTQ
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1 GTQ = 9.474 GMD
1 GMD = 0.106 GTQ
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1 GTQ = 0.096 GIP
1 GIP = 10.369 GTQ
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1 GTQ = 17.065 HTG
1 HTG = 0.059 GTQ
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1 GTQ = 0.092 JOD
1 JOD = 10.813 GTQ
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1 GTQ = 19.159 JPY
1 JPY = 0.052 GTQ
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1 GTQ = 8.925 AFN
1 AFN = 0.112 GTQ
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1 GTQ = 0.261 BBD
1 BBD = 3.833 GTQ
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1 GTQ = 0.130 BMD
1 BMD = 7.667 GTQ
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1 GTQ = 49.947 AMD
1 AMD = 0.020 GTQ
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1 GTQ = 0.105 CHF
1 CHF = 9.568 GTQ
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1 GTQ = 23.222 DJF
1 DJF = 0.043 GTQ
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1 GTQ = 8.126 DOP
1 DOP = 0.123 GTQ
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1 GTQ = 12.271 CVE
1 CVE = 0.081 GTQ
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1 GTQ = 0.352 GEL
1 GEL = 2.839 GTQ
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1 GTQ = 1.433 GHS
1 GHS = 0.698 GTQ
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1 GTQ = 27.278 GYD
1 GYD = 0.037 GTQ
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1 GTQ = 0.440 ILS
1 ILS = 2.275 GTQ
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1 GTQ = 11.391 INR
1 INR = 0.088 GTQ
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1 GTQ = 15.967 ISK
1 ISK = 0.063 GTQ
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1 GTQ = 522.440 KHR
1 KHR = 0.002 GTQ
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1 GTQ = 16.853 KES
1 KES = 0.059 GTQ
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1 GTQ = 0.040 KWD
1 KWD = 25.107 GTQ
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1 GTQ = 70.125 KZT
1 KZT = 0.014 GTQ
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1 GTQ = 39.350 LKR
1 LKR = 0.025 GTQ
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1 GTQ = 1.174 MAD
1 MAD = 0.852 GTQ
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1 GTQ = 273.832 MMK
1 MMK = 0.004 GTQ
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1 GTQ = 469.024 MNT
1 MNT = 0.002 GTQ
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1 GTQ = 6.003 MUR
1 MUR = 0.167 GTQ
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1 GTQ = 52.098 MRO
1 MRO = 0.019 GTQ
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1 GTQ = 2.015 MVR
1 MVR = 0.496 GTQ
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1 GTQ = 226.197 MWK
1 MWK = 0.004 GTQ
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1 GTQ = 0.222 NZD
1 NZD = 4.498 GTQ
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1 GTQ = 18.234 NPR
1 NPR = 0.055 GTQ
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1 GTQ = 7.377 PHP
1 PHP = 0.136 GTQ
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1 GTQ = 36.969 PKR
1 PKR = 0.027 GTQ
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1 GTQ = 188.747 RWF
1 RWF = 0.005 GTQ
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1 GTQ = 0.001 LTC
1 LTC = 937.913 GTQ
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1 GTQ = 2.426 MXN
1 MXN = 0.412 GTQ
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1 GTQ = 4.797 NIO
1 NIO = 0.208 GTQ
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1 GTQ = 0.563 RON
1 RON = 1.778 GTQ
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1 GTQ = 117.390 KPW
1 KPW = 0.009 GTQ
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1 GTQ = 0.108 KYD
1 KYD = 9.235 GTQ
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1 GTQ = 11722.103 LBP
1 LBP = 0.000 GTQ
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1 GTQ = 0.708 LYD
1 LYD = 1.413 GTQ
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1 GTQ = 2825.188 LAK
1 LAK = 0.000 GTQ
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1 GTQ = 576.877 MGA
1 MGA = 0.002 GTQ
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1 GTQ = 26.161 LRD
1 LRD = 0.038 GTQ
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1 GTQ = 6.915 MKD
1 MKD = 0.145 GTQ
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1 GTQ = 2.276 LSL
1 LSL = 0.439 GTQ
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1 GTQ = 1.050 MOP
1 MOP = 0.953 GTQ
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1 GTQ = 2.193 MDL
1 MDL = 0.456 GTQ
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1 GTQ = 2.276 NAD
1 NAD = 0.439 GTQ
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1 GTQ = 0.551 MYR
1 MYR = 1.813 GTQ
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1 GTQ = 0.050 OMR
1 OMR = 19.928 GTQ
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1 GTQ = 200.286 NGN
1 NGN = 0.005 GTQ
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1 GTQ = 0.551 PGK
1 PGK = 1.815 GTQ
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1 GTQ = 0.130 PAB
1 PAB = 7.667 GTQ
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1 GTQ = 0.458 PEN
1 PEN = 2.184 GTQ
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1 GTQ = 1.311 NOK
1 NOK = 0.763 GTQ
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1 GTQ = 0.474 PLN
1 PLN = 2.109 GTQ
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1 GTQ = 945.039 PYG
1 PYG = 0.001 GTQ
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1 GTQ = 0.475 QAR
1 QAR = 2.106 GTQ
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1 GTQ = 1.108 SBD
1 SBD = 0.902 GTQ
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1 GTQ = 0.489 SAR
1 SAR = 2.044 GTQ
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1 GTQ = 0.167 SGD
1 SGD = 5.982 GTQ
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1 GTQ = 2966.791 SLL
1 SLL = 0.000 GTQ
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1 GTQ = 4.226 THB
1 THB = 0.237 GTQ
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1 GTQ = 3.961 TWD
1 TWD = 0.252 GTQ
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1 GTQ = 5.390 UAH
1 UAH = 0.186 GTQ
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1 GTQ = 464.709 UGX
1 UGX = 0.002 GTQ
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1 GTQ = 4.919 SRD
1 SRD = 0.203 GTQ
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1 GTQ = 2755.586 STD
1 STD = 0.000 GTQ
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1 GTQ = 5.348 TRY
1 TRY = 0.187 GTQ
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1 GTQ = 0.886 TTD
1 TTD = 1.129 GTQ
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1 GTQ = 0.314 TOP
1 TOP = 3.184 GTQ
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1 GTQ = 1619.474 UZS
1 UZS = 0.001 GTQ
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1 GTQ = 31.331 YER
1 YER = 0.032 GTQ
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1 GTQ = 2.276 ZAR
1 ZAR = 0.439 GTQ
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1 GTQ = 13.040 RSD
1 RSD = 0.077 GTQ
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1 GTQ = 10.507 RUB
1 RUB = 0.095 GTQ
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1 GTQ = 74.424 SOS
1 SOS = 0.013 GTQ
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1 GTQ = 1.141 SVC
1 SVC = 0.876 GTQ
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1 GTQ = 1695.950 SYP
1 SYP = 0.001 GTQ
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1 GTQ = 2.276 SZL
1 SZL = 0.439 GTQ
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1 GTQ = 0.380 TND
1 TND = 2.632 GTQ
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1 GTQ = 5.227 UYU
1 UYU = 0.191 GTQ
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1 GTQ = 3437.605 VND
1 VND = 0.000 GTQ
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1 GTQ = 15.651 VUV
1 VUV = 0.064 GTQ
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1 GTQ = 0.354 WST
1 WST = 2.823 GTQ
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1 GTQ = 72.998 XAF
1 XAF = 0.014 GTQ
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1 GTQ = 0.353 XCD
1 XCD = 2.833 GTQ
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1 GTQ = 1.860 SCR
1 SCR = 0.538 GTQ
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1 GTQ = 1.239 SEK
1 SEK = 0.807 GTQ
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1 GTQ = 0.096 SHP
1 SHP = 10.369 GTQ
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1 GTQ = 325.060 TZS
1 TZS = 0.003 GTQ
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1 GTQ = 0.130 USD
1 USD = 7.667 GTQ
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1 GTQ = 13.280 XPF
1 XPF = 0.075 GTQ
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1 GTQ = 72.998 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.